What is Folks Finance?

Folks Finance is the leading protocol serving capital markets, built on the Algorand blockchain. The protocol offers services of borrowing and lending in a decentralized and permissionless way. Through the lending operations, Folks users can lend their crypto-asset liquidity, and start earning a passive, economic return on their assets immediately. Through the borrowing operations, the users can request crypto loans by locking deposited funds as collateral.