Thrilled to Be Working with Folks Finance — The Cross-Chain DeFi Powerhouse
We’re excited to officially be working with Folks Finance, a multichain DeFi protocol. With over $123 million in total value locked and a growing ecosystem of tools for lending, borrowing, staking, and trading, Folks is building real infrastructure that people actually use.
So, What is Folks Finance?
Folks started as the leading DeFi protocol on Algorand, and it still owns that title. But it’s now evolved into a multichain DeFi hub, live across BNB, Polygon, Arbitrum, Monad, Base, Ethereum, and Avalanche.
The standout product is xChain — a hub-and-spoke system that lets users deposit on one chain and borrow on another. It abstracts the complexity of cross-chain interactions into a clean user experience.
Their Algorand app isn’t slowing down either. It offers lending, borrowing, liquid staking, DEX routing, loan looping, and more. It’s not a half-baked MVP. It’s a fully functioning, high-volume suite that’s been live and battle-tested for years.
And they’re not stopping there. With products like their DEX aggregator (Folks Router) and point system for user rewards, Folks are stacking features for both retail users and developers looking to plug into real liquidity.
Why This Matters to Us
At Simplicity Group, our focus is on making crypto simpler, clearer, and more sustainable for teams launching tokens, scaling products, or rebuilding their economies.
We’re an advisory firm that does:
- TGE strategy and support
- Tokenomics design (backed by economists and data-driven modelling)
- Marketing and narrative development
- Investor and partner intros
- Full go-to-market strategy