Folks Finance

Folks Finance

GALGO
Folks Finance is a non-custodial DeFi protocol providing financial tools for managing digital assets. Smart-contract technology empowers Folks Finance to offer advanced strategies while eliminating risks of centralized interference. Users can deposit assets to earn yield, as well as use their deposits as collateral for loans. Integration of the Deflex DEX aggregator enables native swaps on the protocol and composability with the other operations. Flash loans give developers the keys to deep liquidity. Algo Liquid Governance provides the most efficient method of participating in Algorand Governance through gALGO, whose use cases continue to expand rapidly.

Key Info

  • 2021 Founded2021 Founded
  • 3M Total Funding Raised3M Total Funding Raised
  • Milano, Lombardia, ITAMilano, Lombardia, ITA
  • 21 Employees21 Employees
  • LinkedIn•••••••••
    Lock Closed
  • Telegram•••••••••
    Lock Closed

Credibility

LinkedIn Verified
LinkedIn Verified

News

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Activity Timeline

Team

Investments

Round
Amount Raised
Date
Investors
Venture Round
Jun 13, 2024
Venture Round
Jun 06, 2024
Venture Round
Feb 06, 2024
Seed
Raised $3,000,000
Jan 20, 2022

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