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Folks Finance
Capital markets protocol for borrowing and lending
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Folks Finance is a capital markets protocol for borrowing and lending, built on top of Algorand. Users can deposit assets to accumulate yield, take loans by providing collateral, swap assets via Folks Router, and participate in Algorand Governance through gALGO and xALGO assets.
Milestones
2022-01-20
Folks Finance raised $ 3 M in Seed round
2022-04-04
2024-02-06
Folks Finance completed a strategic financing
2024-11-14
Folks Finance raised $ 3.2 M in Series A round
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