Recently, it's hard to tell whether it's a bull market or a bear market; in any case, the market environment is quite quiet. Today, let's talk about the FOLKS project, as there aren't many projects that can continuously validate funding, and FOLKS is one of the standout cases. After launching at 2 dollars on Binance, it surged to over 17 dollars, an 8-fold increase that wasn't driven by a wave of emotion but rather a genuine feedback from the market regarding its solid fundamentals, innovative technology, and future potential.

@FolksFinance has been polished for over five years, growing from a leading DeFi lending protocol in the Algorand ecosystem into a cross-chain DeFi hub that integrates lending, trading, leverage, and liquidity staking into a unified cross-chain experience. Users can deposit assets on any chain but borrow funds directly on another chain, all without needing to bridge or wrap assets. This model of "unified liquidity" addresses long-standing pain points in DeFi and makes cross-chain lending smooth and usable for the first time.

The ongoing xChain V2 is an upgrade of this model, optimizing the cross-chain market structure, supporting more non-EVM chains, providing deep integration for advanced strategies, and enhancing cross-chain lending efficiency to lay the groundwork for large-scale expansion in the future. Folks Mobile is collaborating with licensed VASP to develop a simple and trustworthy interface that integrates daily asset management, yield opportunities, cross-chain access, and smart strategy execution, which not only lowers the entry barrier for DeFi usage but also facilitates long-term planning for users.

In terms of ecosystem, Folks has covered a total of 9 chains, including Ethereum, Base, BNB Chain, Arbitrum, etc., relying on top-tier infrastructure like Wormhole, Chainlink CCIP, and Circle CCTP to ensure cross-chain security and stability. FOLKS circulates natively across multiple chains through Wormhole NTT, and based on fully diluted valuation, it has firmly secured a top-three position in the EVM lending track, with several leading exchanges and the recently launched Bybit contract proving the market's high recognition of the next stage of evolution in cross-chain lending.

Current participation opportunities are also very clear: $FOLKS staking offers a 30% annualized return, and participation can be done through Kaizen Finance or KuCoin; the second season of points is underway, and by using lending, flash loans, or participating in protocol activities, one can accumulate future reward qualifications; the Airaa creator activity provides a reward pool of over 500,000 dollars, with opportunities available for the first 200 creators.

For those looking to position themselves for the future in cross-chain DeFi, FOLKS is a target worth noting and participating in.