15,000 gALGO in Prizes: Don’t miss the Biggest Giveaway on Algorand

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Folks Finance, a leading DeFi project on Algorand, has launched the Liquid Governor Giveaway for anyone who wishes to join the rapidly growing Algorand ecosystem and try their luck at making the most of their liquid staking. The giveaway will last for 2 weeks: from April 11th till April 21st.

By completing the quests on Folks Finance’s Zealy hub, users will be able to win some of the total prize of 15,000 gALGO tokens (minted 1:1 to ALGO tokens) plus an Akita Kennel Club NFT whitelisting, become Algorand governors and make their liquid staking strategy maximum profitable. 

What is Folks Finance and how does liquid governance work on Algorand? How do you take the most advantage of Liquid Governor Giveaway? Stay tuned and keep on reading!

Folks Finance is a DeFi protocol that provides advanced, non-custodial DeFi tools for managing digital assets. Users looking for an all-in-one place to hold, manage, trade, and make high interest on their crypto can now fulfill their needs in a fast, affordable, and permissionless manner on Folks Finance. 

Liquid Governance is a liquid-staking product developed by Folks Finance to let users take advantage of Algorand governance while keeping their asset value liquid. This is achieved through the minting of gALGO, distributed 1:1 for each ALGO committed to Liquid Governance. While your ALGO remains in Folks Finance’s smart contracts, your gALGO is able to be traded, spent, or staked around the ecosystem.

Being the most effective and popular DeFi strategy on Algorand, Algo Liquid Governance built by Folks Finance is now open for users to deposit! The governance APR on Folks Finance can