Folks Finance
xChain App (NEW)Algorand AppContact usV1 Docs
  • Welcome to Folks Finance
  • Folks Finance Algorand app documentation
  • Introduction
    • Get started
      • Create a wallet
      • Get ALGO or ASAs
      • Connect wallet to Folks Finance
    • V2, what's new?
    • Need help?
      • Contact
      • Glossary
      • FAQ
      • Fees
      • Allowing pop-up
    • V2 Testnet tips
  • Functionalities
    • 🏦Deposit
    • 💰Loan
      • Collateral
      • Borrow
    • 🔄Swap and...
    • 🏛️xALGO - Liquid Staking
      • How to Migrate from gALGO to xALGO
    • 🚜Lending Pools
    • 📈Ultraswap
    • 🛣️Folks Router
    • 🔗Algorand Consensus
      • No code
      • SDK
  • Architecture
    • Parameters
    • Pool dynamics
    • Interest rate model
    • Rebalancing
    • Loan collateral
    • Loan borrow
    • Liquidation
    • Loan types
    • Flash loan
  • TOKENOMICS
    • FOLKS
  • DEVELOPER
    • Security
      • Bug bounty
      • Audits
    • Contracts
    • Official SDKs
  • COMMUNITY
    • Contact
    • Work with us
    • Ambassador program
    • Brand & Logos
    • Community treasury
    • Aeneas liquidity program
    • Privacy and T&C
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  1. COMMUNITY

Community treasury

Last updated 9 months ago

Folks Finance believes that transparency is a key pillar, so we have given the users the opportunity to always keep track of the protocol revenue. The treasury protects users' funds from potential hacks.

Click on the links below ⤵️ to have a look.

Where the revenue comes from?

Folks Finance revenue comes from different sources:

  • borrow interests,

  • liquidation fees,

  • liquidation bots,

  • flash loan,

  • Liquid Governance fees,

  • swap fees.

https://allo.info/account/XQEOICBG6FMMBBWTBOWCMVJX5IQEDUSBF6L4MTSIALWRWODSOV2THX6GTU
V1 Folks Finance's Treasury
https://allo.info/account/Q5Q5FC5PTYQIUX5PGNTEW22UJHJHVVUEMMWV2LSG6MGT33YQ54ST7FEIGA
V2 Folks Finance Treasury
https://allo.info/account/AVBX7ME2FLXP6RA7FPI5C6Y6JJJ5JTNWKEFAOVRBCVJ3M4A66P3AQ427BE
Folks router fees (until claimed by treasury)
https://allo.info/account/GSDBRGI2ULQX34I7NCJHIUKD3TZQFLVOAHXUEHA4Y2GAC3IJEZWWEFGFCY
Community liquidator address
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