A friend asked me how the market is doing lately, and I said it's a monkey market right now, jumping up and down, it's too hard.
After studying DeFi for so long, I have a soft spot for projects that focus on product development—Folks Finance, a lending protocol from the Algorand ecosystem, has quietly refined itself for five years and has directly grown into a "hexagonal warrior" of cross-chain finance!
🔥 Core move: Cross-chain lending truly painless experience
No bridges, no wrapped assets needed; just deposit coins from chain A to borrow money from chain B, with 9 mainstream chains (ETH/BSC/Arbitrum/Sei, etc.) fully connected, directly solving the old pain point of DeFi liquidity fragmentation. xChain V2 will add more non-EVM chain support, and complex strategies can be seamlessly integrated; this is going to make cross-chain lending a standard in the industry!
🚀 Future layout understands market demand too well
Upgrading cross-chain infrastructure while developing Folks Mobile—working with licensed VASP to create a compliant entry point, putting asset management, cross-chain access, and yield opportunities all into a daily usable app; this strategy completely outpaces ordinary DeFi projects by several streets!
💰 Fundamentals are solid beyond words
Top-tier institutions like Coinbase Ventures and Jump Crypto are backing it, with $FOLKS staking offering an annualized return of 30%+; in the first quarter, the average airdrop participant made over $3500, and the second quarter's points activity is still ongoing, with a $500,000 creator incentive pool that has low participation, making now the perfect time to get on board!
Not relying on short-term narratives for speculation, but letting products and ecosystems speak for themselves; this kind of cross-chain infrastructure that can transcend cycles should be experienced personally by both DeFi veterans and long-term investors @FolksFinance, $FOLKS is worth long-term tracking!
