Folks Finance has reached a total value locked (TVL) of $10 million on the Monad blockchain, marking a significant milestone for the decentralized finance (DeFi) platform. This achievement is attributed to robust blockchain activity and attractive yields offered on FOLKS tokens.
The USDT0 market has emerged as the largest pool within the platform, driven by liquidity incentives that attract users. Leveraging Monad's high-performance architecture, which supports 10,000 transactions per second and parallel execution, Folks Finance is positioned to capitalize on the growing demand for cross-chain DeFi solutions, reflecting increased user confidence.
Folks Finance Achieves $10M TVL Milestone on Monad Blockchain
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