Folks.Finance
Folks Finance is the leading capital markets protocol for lending and borrowing built and operated on top of the Algorand blockchain.
Business Model: B2C
Revenue: $0
Employees: 11-50
Industries / Tags:
Detailed Folks.Finance Information
Geographic Data
Address: -
City: Milan
State: lombardy
Zip: 20019
Country: IT
Financial Info
Stage:
seed
Raised Last:
$3M
Raised Total:$3M
Social
Metrics
210,414Website Global Rank
355,744Website Monthly Traffic
Twitter Followers
Description
Folks Finance is the leading algorithmic capital markets protocol for lending and borrowing built and operated on top of the Algorand blockchain. Through the lending operations, Folks users can deposit liquidity and start earning a continuous economic return instantly. Through the borrowing operation, the users can request crypto loans by locking deposited funds as collateral. Folks Finance is the result of extensive research and engineering conducted by Blockchain Italia, a blockchain software house strongly focused on Algorand. The protocol innovations include a disruptive economic lending model designed for the soundness and security of the users, and the introduction of unique features such as staking of rewards, safety margins for cryptocurrency pairs, and an innovative liquidity provision system.
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Employee Departments
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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