What is Folks Finance, which is invested in by top institutions such as Coinbase Ventures, Jump Crypto, and ParaFi Capital? Simply put, Folks Finance is a decentralized DeFi protocol that started with Algorand and expanded to multiple chains. It is a super protocol that enables cross chain lending, liquidity staking, and DEX aggregation. Lending is one of the earliest validated models in DeFi, and it is also the infrastructure and liquidity hub of the entire on chain financial system. The fund pool provides underlying liquidity for stablecoin minting, leverage strategies, derivatives, and cross chain assets, and is a key engine driving the operation of the entire ecosystem. However, nowadays users are often dispersed to different public chain ecosystems, forming natural fragmentation between chains, making it difficult for capital to flow across chains, resulting in a continuous decline in liquidity efficiency, and the overall TVL of the lending market is also difficult to fully activate. Deposits on one chain cannot become a lending source for another chain, and multi chain liquidity is always fragmented. What true cross chain lending needs to achieve is: Liquidity on different chains can be directly shared; After the collateral is deposited on one chain, it can generate lending ability on another chain; The risk exposure of users can be managed across chains in a unified manner, rather than being divided into multiple isolated accounts. And this is exactly the new solution provided by Folks Finance - through Folks Finance, users can deposit assets on any supported chain and lend assets from any other chain without the need for cross chain bridges or asset packaging. It is equivalent to providing unified liquidity and user experience between mainstream public chain networks, making on chain finance truly move from "multi location islands" to "integrated networks": assets, mortgages, risks, and lending needs on different chains operate in a unified system. It has improved the user experience issues faced by DeFi in the multi chain era, and achieved cross chain "capital liquidity integration" at the protocol level, laying the foundation for a truly cross chain financial network and becoming a key turning point for releasing DeFi lending liquidity. XChain is the core of Folks Finance's cross chain architecture, which aggregates the borrowing and lending needs of multiple chains into the same execution layer, allowing capital to flow freely between different public chains while maintaining the authenticity and security of assets. What xChain V2 wants to do is: 1) A more refined cross chain market structure 2) Support more non EVM chains 3) 4) Enhance the overall efficiency and stability of cross chain lending by providing deeper integration for advanced strategies and institutional level users Ultimately, we still want unified liquidity lending to become the default standard for the entire industry Folks Finance's current cross chain architecture has been integrated with multiple mainstream blockchains, including Avalanche, Monad, Sei, Arbitrarum, Base, Ethereum, BSC, Monad, and Polygon ecosystems. It achieves cross chain interoperability by integrating message passing layers such as Wormhole, Chainlink CCIP, and Circle CCTP. From this perspective, Folks Finance is becoming a more fundamental infrastructure in the DeFi field. You can pay attention to the ongoing Folks Q2 points campaign. Previously, the first season of Folks points campaign rewarded the community with 1500000 FOLKS, with a cumulative value of 21 million US dollars. The average user airdrop exceeded 3500 US dollars, making it one of the largest cryptocurrency airdrops of the year. The second season is currently underway, and you can earn points by providing loans, borrowing, repaying, redeeming, using Flash Loans, and participating in Folks activities, which will also serve as proof for future airdrops.