Folks Finance

Overview

Folks Finance is a decentralized finance (DeFi) protocol built on the Algorand blockchain. It specializes in capital markets services, including lending, borrowing, staking, and trading digital assets in a permissionless and non-custodial manner. The platform aims to make decentralized financial services accessible to users of all wallet sizes, including those new to cryptocurrency.

The protocol leverages Algorand’s high-speed, low-cost transactions to create an efficient DeFi ecosystem. It features siloed money market liquidity pools, risk-adjusted credit, and robust incentive systems. Users can earn passive income by depositing crypto assets or borrow loans by locking collateral. Folks Finance also offers liquid staking, a decentralized exchange (DEX) aggregator for efficient trading, and cross-chain solutions for managing assets across multiple networks. The platform emphasizes security, having undergone multiple audits, and supports community governance through its token systems. With a strong community presence and significant funding, it is positioned to promote wider adoption of DeFi services globally.

Basic Information

Contact Details

• Phone: +852 3669 8333
• Website: folks.finance
• LinkedIn: linkedin.com/company/folksfinance

Key Focus Areas & Initiatives

• Blockchain
• DeFi
• Crypto
• Crosschain
• Trading
• Lending
• Borrowing
• Staking
• DeFi education resources
• Cross-chain messaging
• Protocol security
• Algorand liquid staking
• Liquid staking
• DeFi SDKs
• DeFi tutorials
• Liquidity pools
• Multi-network interoperability
• Permissionless smart contracts
• Algorand ecosystem
• Financial technology
• Community support
• Protocol security measures
• Decentralized finance
• Multi-network asset management
• Community governance
• Permissionless platform
• Community governance in DeFi
• Protocol audits
• Multi-network support
• Xchain architecture
• Cross-chain liquidity
• Cross-chain liquidity infrastructure
• Staking and borrowing
• Liquidity management
• Smart contract deployment
• Software development
• Liquidity pooling across networks
• Algorand app
• Smart contracts
• Cross-chain lending
• SDK integration
• Decentralized protocols
• Interest rate model
• Permissionless DeFi tools
• SDK for DeFi development
• Audit by experts
• SDKs for developers
• Services
• Securities and commodity contracts intermediation and brokerage
• Education
• Portfolio management
• Asset management
• Risk management
• Finance technology
• Information technology & services
• Financial services

Technologies Used

• AI
• Amazon SES
• Discord
• Gmail
• Google Apps
• Google Tag Manager
• MailUp
• Mailchimp Mandrill
• Mobile Friendly
• React Redux
• Remote
• Render
• Route 53

Affiliated Organizations & Regional Branches