Gidon

Crosschain $WBTC & $WETH by Folks are now LIVE on @Algorand. BTC & ETH, now usable on Algorand without friction. → Transfer natively crosschain from EVM via Folks xPortal powered by @wormhole NTT → Lend & borrow directly on Folks

Call for the $ALGO fam!! The @FolksFinance SC library xGov proposal closes in less than 24h. Make sure to cast your vote below! Full proposal breakdown: xgov.algorand.co/proposal/33684… TLDR: The FF library is a curated, modular collection of audited, reusable SC designed to accelerate and facilitate devs work on Algorand

@BOAlgorand @AlgoScout @AlgoFoundation @wormhole @FolksFinance @algodevs @BenedettoBio XPortal is for Wormhole NTT tokens and currently FOLKS is the only one on Algorand. If the team behind $finite makes their token NTT compatible then we can add it

@gidkatt @AlgoScout @AlgoFoundation @wormhole @FolksFinance @algodevs I am reaching out to @BenedettoBio @FolksFinance can you add $finite to x portal, Also why not just add the top 25 ASAs on Algorand.

NTT on Algorand is an implementation of @wormhole's open-source NTT framework, adapted for the AVM, enabling native token transfers across chains. A production implementation is now live with @FolksFinance. Find the tools and documentation below to begin building today 👇

@AlgoScout @AlgoFoundation @wormhole @FolksFinance @algodevs Projects can reach out to Folks Finance to get added to xportal.folks.finance We also have an SDK available for transferring NTT tokens github.com/Folks-Finance/…

@AlgoFoundation @wormhole @FolksFinance @algodevs Will ASAs ever be added to the wormhole portal or does every project need to implement their own bridge portal, similar to what Folks has done, increasing fragmentation?

Who wants access 👀

Folks Finance is now live on @Monad Mainnet 🟣 Crosschain, capital-efficient lending meets high-performance EVM execution. $45,000 in $FOLKS incentives live - Details ↓

Introducing the Monad Rush 🟣🔵 A full month of incentives fueling the new @monad markets, starting with 5,000 $FOLKS on Nov 25. Folks Finance will be amongst the first DeFi apps rewarding users on Monad mainnet. Get ready to farm $FOLKS for the first time ever.

Folks xPortal goes live at TGE. Transfer the $FOLKS token natively between: @avax ↕↕ @ethereum ↕↕ @base ↕↕ @bnbchain ↕↕ @arbitrum ↕↕ @0xPolygon ↕↕ @algorand ↕↕ @SeiNetwork Liquidity everywhere $FOLKS goes, powered by @wormhole NTT 👇

It begins. $FOLKS will debut on @binance this Thursday, November 6th 2025. 🔶 Binance Alpha Trading Opens at 12:00 (UTC) 🔶 Binance Futures Trading Opens at 12:30 (UTC)

.@FolksFinance reported an issue with a potential code vulnerability when using Algorand Python (PuyaPy) to write a smart contract on the Algorand blockchain. The AF engineering team identified two issues and promptly fixed our tools to address them. There is currently no known impact on the ecosystem as a result of either issue; however, developers should review their code and communicate with users about any potential impact on their individual projects. Read the full incident report: dev.algorand.co/bulletins/puya… For any questions or comments, please join our Discord: discord.gg/algorand

It's coming. Thursday, November 6th, 2025. $FOLKS

. 🕯 🕯 🕯 🕯 🕯 🕯 $FOLKS 🕯 🕯 🕯 🕯 🕯 🕯 manifesting

New Listing: $ATH ✅ The first lending market for @AethirCloud ( $ATH holders ) is LIVE, giving direct access to cross-chain liquidity on @FolksFinance 👇 → Deposit $ATH on @ethereum. → Use it as collateral. → Borrow any supported asset on any chain.

🚨 New Audit Competition Alert! 🚨 @FolksFinance is launching an Audit Competition starting July 7th Dive into the Folks Smart Contract Library and showcase your skills for a shot at a $30,000 prize pool 💰 🔥 This is also the first ever Immunefi Audit Competition to unlock the All Star and Podium Reward Pools. Don’t miss out 👉 immunefi.com/audit-competit…

Algorand is now natively multichain, through Wormhole NTT. ⚡️Powered by @wormhole. 🔨Built by @FolksFinance.

A new era for Algorand crosschain is beginning. @wormhole's Native Token Transfers (NTT) are now integrated on Algorand, developed by @FolksFinance in collaboration with @AlgoFoundation. The first to use it? → $FOLKS 🧵

New Listing: $tALGO @tinymanorg’s liquid staking token is now live on Folks Finance. → Lend & borrow tALGO → New lending pools: xALGO/tALGO and tALGO/USDC @FolksFinance x @tinymanorg x @AlgoFoundation

50,000 $ALGO will boost xALGO yield for the next 7 days. Plus: 🎯 0% fees 📈 Double Points Stake and Ultrastake now to secure your rewards.

Hello @patrickbennett I want to correct the FUD you're spreading about Folks. These quotes were taken just in the first 10 minutes of you joining the X Space. “their contract is completely mutable…you can have some people who might be like you know what, it’s worth it, I can go to some country that have no extradition treaty and go for it [rug the project]” Our contract is upgradeable but with a time delay. We believe that this is the best compromise on the centralisation vs adaptability question. Any upgrades we plan to do must have at least a 24 hour time delay #L321" target="_blank" rel="nofollow noopener">github.com/Folks-Finance/… during which users are able burn their xALGO if they don't want to use the new version of the smart contract. “the double dip that Folks will have is complete bullshit” The ability to "double dip" rewards is for gALGO node runners. For the past several periods, we have allowed users to use their ALGO locked in their escrow to participate in consensus. These users are running their own nodes using their own ALGO. Since this period there will be rewards for consensus, these users can now "double dip" rewards. That being said, Folks has been rewarding Algorand users for Consensus far before the Foundation explored the idea. I would like to remind you that Algorand is public and permissionless. Any project can create a solution which has these “double dip” rewards. We think ahead to anticipate what users might enjoy, which has been a pillar of our success. “it’s 100% centralised in the sense that they’re [Folks Finance] is gonna have to call it [the smart contract] and say move ALGO from here to here to rebalance. The protocol itself doesn’t do that.” This is a lie. The user sends their ALGO to the smart contract and it automatically splits the ALGO evenly between the proposer accounts #L154" target="_blank" rel="nofollow noopener">github.com/Folks-Finance/…. “xALGO they don’t use AVM 11 at all…you are still relying on them to do the rebalancing. Hitting the 70M max, they will have to manage that.” Also a lie. There isn't even a rebalance method for us to call. The smart contract automatically enforces the max proposer balance. The reason we don’t use AVM 11 is because our xALGO solution is already live before the network upgrade. “we are boosting people which don’t have our [Algorand’s] best interest at heart” We have shown time and time again our commitment to Algorand. Just recently we have made xALGO open source, we did the first ever Audit Competition in the Algorand ecosystem and we are going to have community node runners for xALGO. We’ve been in the Algorand ecosystem since the very start of DeFi and we still continue to build.

xALGO is now live as collateral on Folks Finance. Mint xALGO to collect Staking Rewards, then use it as collateral to activate its value. 🔹 Borrow a wide range of assets 🔹 Unlock looping strategies with Ultrastake 🔹 Join incentivized Lending Pools on @pact_fi & @tinymanorg