Folks Finance company
Overview
Folks Finance is a decentralized finance (DeFi) protocol built on the Algorand blockchain, primarily used for lending and borrowing digital assets. It incorporates cross-chain functionality via Wormhole integration, allowing assets from other networks to be utilized within its ecosystem.
Within the DeFi Intel graph, Folks Finance connects to 1 tracked entity, most strongly to Wormhole.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
partnered_with | Wormhole | 70% |
Frequently asked questions
What is Folks Finance?
Folks Finance is a decentralized finance (DeFi) protocol built on the Algorand blockchain, primarily used for lending and borrowing digital assets.
What chain does Folks Finance run on?
Folks Finance runs on the Algorand blockchain.
What is Folks Finance connected to?
Folks Finance is connected to Wormhole via a partnership, enabling cross-chain functionality for assets from other networks.