Folks Finance launches testnets on Base, Avalanche, and Ethereum and plans to launch mainnet this fall
2024-07-22 15:59:41
Defi protocol folks finance announcement base avalanche ethereumdesk3cryptocurrencydesktopCrypto News
Folks Finance has announced the launch of the xChain testnet on Base, Avalanche, and Ethereum. Folks is built using Chainlink CCIP, Wormhole, and Circle CCTP. The main goal of the testnet is to comprehensively evaluate and validate Folks' cross-chain framework, which aims to provide lending capabilities for multiple blockchains. It is reported that Folks Finance aims to release the mainnet in early autumn 2024.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
