xChain App (NEW)Algorand App Contact us V1 Docs

xChain App (NEW)Algorand App Contact us V1 Docs

Welcome to Folks Finance
Folks Finance Algorand app documentation
Introduction
Functionalities
Architecture
TOKENOMICS
- FOLKS
DEVELOPER
COMMUNITY

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Parameters

Last updated 9 days ago

Pools are categorized based on similar risk characteristics:

Stable
ALGO
Medium Risk
High Risk

Loans are categorized based on their types:

General
Stablecoin Efficiency
ALGO Efficiency
Up/Down

General

Stablecoin Efficiency

ALGO Efficiency

Up

Liquidation bonus defined as

Down

Liquidation bonus defined as:

collateral\ received = loan\ collateral \times \left(\frac{borrow\ repaid}{borrow\ balance}\right)

collateral\ received = loan\ collateral \times \left(\frac{borrow\ repaid}{borrow\ balance}\right)