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.
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Key Info
- 2021 Founded
- 3M Total Funding Raised
- Milano, Lombardia, ITA
- 21 Employees
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Credibility
LinkedIn Verified
News
- Ex-OpenSea Manager Nate Chastain Guilty of NFT Fraud, Money Laundering
May 3, 2023 • powered by CryptoPanic
Activity Timeline
- Raisedfrom .undisclosed capital
Jun 13, 2024
- Raisedfrom .undisclosed capital
Jun 06, 2024
- Raisedfrom .undisclosed capital
Feb 06, 2024
- Raisedfrom .$3.00M
Jan 20, 2022
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 |