ShaperOfEntropy

ShaperOfEntropy

ShaperOfEntropy's blog of Algorand and everything related.


A brief history of Folks Finance of Algorand

9 Mar 2024 2 minute read 0 comments ShaperOfEntropy

What is Folks Finance? Folks Finance is a decentralized lending-borrowing platform built on Algorand network. The platform's main feature is to allow anyone to open overcollateralized loans for borrowing different assets. The users can borrow cryptoc...

Deep dive into interest rates of Folks Finance of Algorand

17 Feb 2024 2 minute read 0 comments ShaperOfEntropy

Folks Finance is a decentralized lending-borrowing platform built on Algorand blockchain. It boasts the largest total value locked (TVL) in the Algorand ecosystem. The protocol enables users to borrow cryptocurrencies from a pool of funds that were d...

Trick for convenient use of xALGO of Folks Finance

21 Jan 2024 2 minute read 0 comments ShaperOfEntropy

Do you want a simple participation in Algorand Governance, where you don't have to recommit each period and vote but still earn yield? Would you like to use xALGO of Folks Finance, which gives you these features, but at the same time you don't trust...