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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On this page
  • Deposit
  • Swap and Deposit
  • Withdraw
  1. Functionalities

Deposit

Last updated 7 months ago

Deposit

  1. Find the asset you want to deposit in the Available to Deposit table, on the Deposit page.

  2. Click on Deposit. A modal will appear.

  3. Type in the amount you want to deposit.

  4. Click on Deposit.

  5. Sign with your wallet.

Deposit Boost allows users to earn increased rewards on their deposits. By receiving 1.25M ALGOs from the Algorand Foundation, Folks Finance enabled higher rewards for USDC and EURS. In the future, more tokens can be incentivized.

Swap and Deposit

  1. Find the asset you want to deposit in the Available to Deposit table, on the Deposit page.

  2. - If the wallet balance of the chosen asset is zero, click Swap and Deposit. - If the wallet balance of the chosen asset is greater than zero, but you want to deposit more, click Deposit and switch to Swap and Deposit in the Deposit modal.

  3. Select the asset to swap with.

  4. Type in the amount.

  5. Click on Swap and Deposit.

  6. Sign with your wallet.

Withdraw

  1. Find the asset you want to withdraw in the Your Deposit table, on the Deposit page.

  2. Click on Withdraw. A modal will appear.

  3. Type in the amount you want to withdraw.

  4. Click on Withdraw.

🏦
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.
The UI undergoes regular upgrades; what you see in the video may look slightly different than what you see on the app.