The FOLKS project in the Algorand ecosystem has officially launched its lending market feature. Users can now perform various operations within this ecosystem: deposit FOLKS tokens to earn yields, use FOLKS as collateral, borrow other assets — while continuously accumulating ecosystem points. This design allows users' capital to flow within the ecosystem, earning passive income and increasing their equity multiplier. In simple terms, your FOLKS are not just idle assets but tools that can continuously generate value in the DeFi market.
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AirdropChaser
· 12h ago
FOLKS's lending platform can start earning points as soon as it goes live, feels like an opportunity to exploit the system.
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MemeKingNFT
· 12h ago
Is this the same narrative of "letting capital flow generate value" again... I have to ask, will FOLKS this time also be just another "bottoming phase" pretense?
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RugDocDetective
· 12h ago
Whoa, FOLKS lending is directly online? I need to carefully study whether this points system is really worth it.
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ValidatorViking
· 12h ago
folks lending going live... alright, let's see if this actually holds consensus or just another yield trap dressed up as utility
The FOLKS project in the Algorand ecosystem has officially launched its lending market feature. Users can now perform various operations within this ecosystem: deposit FOLKS tokens to earn yields, use FOLKS as collateral, borrow other assets — while continuously accumulating ecosystem points. This design allows users' capital to flow within the ecosystem, earning passive income and increasing their equity multiplier. In simple terms, your FOLKS are not just idle assets but tools that can continuously generate value in the DeFi market.