Folks Finance Launches Test Network on Multi-Chain Platform, Aimed at Mainnet Release in Fall 2024
Publication Time:2024-07-23 00:02:09
Decentralized finance protocol Folks Finance has announced the launch of its test network on multiple blockchain platforms it supports, such as Base, Avalanche, and Ethereum. Folks has utilized technologies like Chainlink CCIP, Wormhole, and Circle CCTP to construct its cross-chain framework, with the goal of thoroughly assessing and validating its lending functionality across various blockchain networks. The aim is to release the mainnet in early fall 2024, providing a more secure, efficient, and flexible financial solution that promises better service experiences for users.
Ethereum
Folks Finance
Base
Avalanche
test network
Mainnet release
DeFi protocol
cross-chain framework
lending functionality