After five years of iteration, @FolksFinance has evolved from being the leading protocol of Algorand into a unified DeFi hub connecting nine mainstream public chains.

Here are four reasons why you should pay attention to it:

First: Original xChain Mechanism

Traditional cross-chain lending often suffers from frequent cross-chain bridge operations, while Folks achieves true 'unified liquidity' through its xChain mechanism. This mechanism allows assets to be deposited on chain A while borrowing assets directly on chain B, completely eliminating the need for manual cross-chain steps. With the upcoming xChain V2 further optimizing this process, Folks is committed to making this efficient standard the default configuration in the industry.

Second: Forward-looking Mobile Strategy

Folks has created the Folks Mobile native crypto application through partnerships with licensed VASPs. This strategy aims to deeply integrate everyday asset management with smart investment strategies in a regulated and highly secure environment, simplifying complex operational processes to lower the threshold for ordinary users to participate in DeFi, achieving an operation experience as simple and intuitive as using traditional commercial bank apps.

Third: Top Endorsements and Strong Cross-chain Infrastructure

Folks' ecosystem has already covered nine mainstream core public chains, including Ethereum, Base, Arbitrum, and Monad, with its underlying technology supported by top security protocols such as Wormhole, Chainlink CCIP, and Circle CCTP. This solid technological foundation has attracted many VCs, including Coinbase Ventures, Jump Crypto, and ParaFi Capital, for long-term investment, providing strong capital backing for the protocol.

Fourth: Comprehensive Token Economics and Multi-dimensional Airdrop System

$FOLKS tokens have achieved true multi-chain native circulation through Wormhole's NTT framework and have been deployed on mainstream exchanges like Bybit. To reward the community, Folks has launched extremely generous incentive programs, including providing staking annualized returns through Kaizen Finance and the ongoing second season points airdrop event, where users can accumulate weight just by participating in lending or flash loans. Additionally, the Airaa reward pool of over $500,000 also provides a clear revenue path for creators.

With innovative cross-chain logic and a clear expansion blueprint, Folks Finance is striving to align with lending giants. Folks is a sample worth tracking for the long term.