Folks Finance has officially launched on the Monad blockchain, offering native cross-chain lending capabilities. The platform utilizes Wormhole's Native Token Transfers to facilitate seamless, unwrapped token movement across different blockchains. To encourage adoption, Folks Finance has introduced a $40,000 token reward campaign starting November 25.
This strategic expansion is supported by prominent investors such as Coinbase Ventures, Jump, and ParaFi, highlighting the growing interest in cross-chain financial solutions. The incentive program is designed to attract users and enhance the platform's visibility in the competitive DeFi landscape.
Folks Finance Debuts on Monad with $40K Incentive Program
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