26 Articles 0 Followers
19 Apr 2024 1 minute read 0 comments NotCleverAtAll
Very good question. While we wait for the voting session to open up in a few weeks, we have a few things we can do with our $ALGO and $gALGO on Folks Finance rather than have them accumulating dust in your wallets. The easiest way to cash in on some...
18 Apr 2024 3 minute read 0 comments Nokuaru
Set to be released during this 2Q, Folks Finance will leverage Chainlink's CCIP, Circle's CCTP, Wormhole and LiFi for its upcoming cross chain lending protocol that will natively support dozens of blockchains. Folks Finance already has a great backg...
12 Apr 2024 1 minute read 0 comments NotCleverAtAll
Some time near the end of $ALGO governance session 10, Folks Finance, along with the Algorand Foundation announced the following: The #xGOV program will be paused for new inscriptions. However, the xGovernors who are already participating will still...
22 Mar 2024 1 minute read 0 comments Caprone
The world of decentralized finance (DeFi) is constantly evolving, and Folks Finance stands at the forefront of this revolution. With a commitment to transparency, community-driven development, and cutting-edge solutions, Folks Finance has captured th...
16 Mar 2024 2 minute read 0 comments Algo Cleanup
Folks Finance Goes Cross-Chain xAlgo is a cross-chain liquid governance token built by Folks Finance. At beginning of 2024 Folks Finance announced they had brought xAlgo to the Avalanche blockchain. In this post I'll be sharing some of my strategies...
10 Mar 2024 2 minute read 0 comments 1337Dude
Becoming a Governor Becoming a governor on Algorand is a process that involves holding a significant number of ALGO tokens. Governance rights are granted based on the quantity of tokens held, which serves as a measure of an individual's stake and com...
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...
3 Mar 2024 1 minute read 0 comments NotCleverAtAll
With the recent rebranding of the Folks Finance logo, rumors and speculations have arisen in all social media platforms. What does it mean? What are they planning? Is this about their token? But I don’t care for this type of speculation. I just know...
29 Feb 2024 2 minute read 0 comments Nokuaru
xALGO is a liquid staking version of ALGO that generates yield and accrues value from Algorand Governance rewards. In other words, its value continuously increases compared to the price of ALGO. Folks Finance recently introduced xALGO on Avalanche, a...
27 Feb 2024 2 minute read 0 comments Walerva
In the evolving landscape of decentralized finance (DeFi), the ability to operate across multiple blockchains, known as cross-chain functionality, is becoming increasingly important. This capability enhances liquidity, accessibility, and the overal...
