Basic information
Project Name: Folks Finance
Project Track: DeFi crosschain-interop
Team Name: Folks Finance
Team Members: 20 members
Social Info
Telegram: Folks Finance TG channel
X (Twitter): Folks Finance X
Discord: https://discord.com/invite/folksfinance
Website: Folks Finance
Project Overview
Folks Finance is at the forefront of transforming the decentralized finance landscape by unifying cross-chain liquidity and functionalities. With cutting-edge smart contract automation and deep liquidity networks, Folks Finance ensures capital efficiency and a full market coverage in terms of services, assets and blockchains. Trusted by 50,000 MAUs, Folks reached over $400 M of deposited assets and over $300 k MRR.
Tron DeFi Integration Objectives
By integrating with Tron, Folks Finance will position itself as a strategic crosschain liquidity hub, driving significant TVL growth and expanding user access to efficient capital markets across multiple chains.
Strategic Objectives:
Cross-Chain Lending Enablement: Facilitate the movement and lending of assets across different blockchains, allowing users to leverage their holdings on Tron Chain in other ecosystems and vice versa, thus driving higher adoption of Tron Chain, and its TVL.
Examples:
- Collateralize TRX on Tron to keep native TVL on chain and boost ecosystem metrics while simultaneously borrowing on a secondary chain to run a more effective strategy.
- Base users can deposit as collateral USDC on Base chain and borrow USDD on Tron to run strategies.
Integration of Tron-Native Assets: Incorporate assets such as TRX and USDD and other native assets into Folks Finance’s cross-chain lending markets, enhancing their utility and accessibility, allowing users to collateralize them over multiple networks.
Example:
Users can borrow USDD and then deposit to Justlend/HTX to earn 20% APR.
Project Demo
https://academy.folks.finance/tutorials/folks-tutorials?video_id=582b8910-bcfe-4af0-b7bf-daf8e3618a79
Expected Completion Date for 2025
Q2 2025 (upon integration of Tron into Wormhole
Team: 20 team members, core team: DocSend
Technical & Governance Details
- Tron integration with Wormhole. Good to have Chainlink CCIP, LIFI
- Folks smart contracts deployment and assets listing.
Smart Contracts Links:
Open source: https://github.com/Folks-Finance/folks-finance-xchain-contracts
How is the Project Governed?: Hybrid: protocol development is centrally managed, certain BD dynamics as listing and incentives, are managed through a community voting. With the upcoming governance token launch, the incentives and product upgrades are moving toward DAO voting.
Funding & Business Model
Funding Request: We are requesting an initial $100K batch to run targeted incentive campaigns focused on listing specific TRON-based assets, bootstrapping and scaling their liquidity, and incentivizing user actions and strategies that positively impact ecosystem metrics.
These campaigns will be aligned with TRON’s growth objectives, driving TVL, user retention, and token utility. 100% of the incentive budget will be redistributed directly to the TRON ecosystem to scale on-chain liquidity and expand the active user base.
Revenue Model: Revenues come from protocol fees on loans, swaps, and staking. Future monetization will include premium cross-chain features, automation services, and performance-based yield products.
Interested in TRON Having a Stake?: Yes. We are open to TRON DAO holding a stake as part of strategic alignment and deeper collaboration within the TRON ecosystem
Preferred Collaboration Method: Tight feedback loops with TRON DAO on ecosystem strategy, co-marketing opportunities, and cross-chain infrastructure integration, liquidity provision to allow LST Looping strategies, and Incentive campaigns.
Funding History:
-
Folks Finance raised $3M on a $15M post-money valuation on a seed round in January 2022. The investment was led by Borderless Capital, together with Parafi, Jump, Coinbase, OKx Ventures, and we had a total of 13 investors.
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Folks Finance raised $3.2M on a $75M post-money valuation on a Strategic round in November 2024. The investment was led by Borderless, and supported by various funds such as Borderless, Dapper Labs, Blockbase, Mapleblock, DCI, Blackdragon, DuckDao and many more.
Ecosystem Impact
Partnerships: Folks Finance will integrate advanced looping and automated yield strategies into its cross-chain aggregator, enabling users to maximize returns with minimal effort through smart, compounding positions. These strategies will be further amplified by strategic listings and co-marketing campaigns with top TRON ecosystem tokens—such as TRX, JST, SUN, and USDT—driving visibility and adoption. Through joint incentive programs like liquidity mining and boosted APYs, we aim to attract both users and partners, strengthening Folks Finance’s role as a leading DeFi hub on TRON.
Time on TRON: Based on Tron Wormhole integration ETA, the Folks Finance integration is planned for Q2 2025
Project in 5 Years In five years: Folks Finance aims to be a top-tier DeFi liquidity layer across the most important chains, empowering institutional and retail lending through smart routing, AI-optimized APY strategies, and a DAO-governed framework. We envision a seamless liquidity engine that helps DeFi scale sustainably.
welcome to TBL 
Looking forward to what your team will achieve with this project