Deep Dive @FolksFinance's Five-Year Effort in Cross-Chain DeFi Strength
When researching the DeFi space, I always pay special attention to projects that are dedicated to product development, and Folks Finance is one of them.
1️⃣ Core Strength: Breaking the Liquidity Fragmentation in Cross-Chain Lending
After five years of refinement, it has grown from a leading application on Algorand to a cross-chain lending giant covering 9 public chains, including Avalanche and Ethereum. The key highlight is unified liquidity cross-chain lending—users can deposit and borrow assets across different chains without the need for cross-chain bridges or wrapped assets, directly addressing pain points in the DeFi industry.
2️⃣ Future Strategy: Beyond Lending, Aiming for an Ecological Loop
• xChain V2: Expanding non-EVM chains and optimizing cross-chain efficiency, with the goal of making unified liquidity lending an industry standard.
• Folks Mobile: Collaborating with licensed VASP to create a compliant crypto mobile entry point, integrating asset management, cross-chain access, intelligent strategy execution, and other functions.
3️⃣ Fundamental Support: Capital + Community Dual Drive
Backed by top-tier capital such as Coinbase Ventures, the token staking offers an annualized return of 30% for $FOLKS ; in the first quarter, the airdrop averaged over $3,500 per person, with the second quarter's points activity ongoing, plus a $500,000 creator incentive activity waiting to be shared.
In my view, it does not rely on speculative price movements but instead lets its products and ecosystem speak for themselves, which offers greater long-term value in the current market.
Twitter X: @FolksFinance
