Digital Assets and DeFi Adoption: Liquid Staking Product xALGO Launches on Avalanche
Folks Finance, the DeFi app on Algorand, continues its expansion into new networks by bringing xALGO into the Avalanche ecosystem. Powered by Wormhole technology, this is reportedly “the first Avalanche-Algorand cross-chain DeFi product available.” xALGO is a liquid staking derivative; “a yield-bearing version of ALGO… Read More
Read more in: Blockchain & Digital Assets | Tagged algorand, avalanche, decentralized finance, defi, evm blockchain, folks finance, staking