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Folks Finance
Folks Finance is a community-driven decentralized platform providing permissionless DeFi tools like lending, borrowing, staking, and trading across multiple networks including Algorand, Avalanche, Ethereum, and Base. Initially the leading DeFi protocol on Algorand, Folks has evolved into a dynamic, multichain DeFi hub, leveraging messaging layers technology for expansive growth. With its innovative hub-and-spoke model, the platform offers a seamless, intuitive user experience, abstracting the complexities of cross-chain interactions.
Distributed
Funding Rounds
Funding Round: Series A
Funding Date: 14 Nov, 2024
Raised Amount: $3.2M
Funding Round: Seed
Funding Date: 20 Jan, 2022
Raised Amount: $3M