Tagged: folks finance

September 28, 2024 @ 2:50 pm By Omar Faridi  |  

Folks Finance has integrated Chainlink CCIP and Price Feeds across the Avalanche, Base, and Ethereum mainnets, leveraging CCIP’s arbitrary messaging functionality to enable highly secure cross-chain lending. By integrating Chainlink Price feeds, Folks has access “to high-quality, tamper-proof price feeds needed to support secure markets… Read More

January 1, 2024 @ 9:39 pm By Omar Faridi  |  

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

December 29, 2023 @ 11:37 am By Omar Faridi  |  

Folks Finance has chosen LI.FI in order to power the swaps and DEX integrations for its upcoming cross-chain protocol. Set to launch in Q2 2024, the expansion from Folks Finance will aim to “introduce a unique hub-and-spoke model to DeFi lending, seamlessly unifying multiple blockchains… Read More