BTC0.020
ETH0.020
HTX0.020
SOL0.020
BNB0.020
BTC0.020
ETH0.020
HTX0.020
SOL0.020
BNB0.020
Polygon provides $300,000 funding to Folks Finance to promote cross-chain lending on PoS networks
06-04 00:25

Odaily News Polygon has provided $300,000 in funding to the decentralized lending protocol Folks Finance to support its deployment of a cross-chain lending solution on the Polygon PoS network, aiming to integrate liquidity and simplify the multi-chain lending experience.
According to the official introduction, Folks Finance adopts an innovative "hub-and-spoke" architecture, which allows users to pledge assets on one chain and seamlessly borrow and lend on another chain. The solution is coordinated through three cross-chain communication protocols: Circle CCTP, Chainlink CCIP, and Wormhole, avoiding the asset security and operational complexity problems brought by traditional bridging.
The funding will be distributed in three installments, of which the first installment of MATIC tokens worth $100,000 has been distributed. Polygon said that after Aave reduced its deployment on the PoS chain, a gap appeared in the lending market, and the funding for Folks Finance is an important measure to fill this gap.
Folks Finance also launched the "Folks Points" points system to incentivize user behavior within the protocol. In addition to Polygon, Folks Finance has previously received support from the Avalanche and Arbitrum Foundations. (Cointelegraph)

原文链接
最热快讯
2025-08-04 14:39:47
"Whales with 75% Win Rate in Four ETH Battles" Reduce Short Positions by 20,000 ETH with Stop-Loss
According to on-chain analyst Yu Jin, an Ethereum trader with a 75% win rate cut his short position by 20,000 ETH (approximately $68 million) today. The trader previously held a total short position of 50,000 ETH, turning a profit of $12.25 million yesterday into a loss of $840,000. Currently, the trader still holds a short position of 30,000 ETH, worth approximately $110 million, with an opening price of $3,634 and a liquidation price of $3,701.
2025-08-04 14:28:30
In the past hour, the total network liquidation expanded by more than 45 million US dollars, of which ETH liquidation was 21.2251 million US dollars
According to Odaily Planet Daily, Coinglass data shows that in the past hour, the entire network had a liquidation of 45.2246 million US dollars, of which short positions had a liquidation of 42.0813 million US dollars and long positions had a liquidation of 3.1433 million US dollars. In addition, the amount of ETH liquidation reached 21.2251 million US dollars.
2025-08-04 14:26:06
The “Insider Whale” closed its XRP and SOL short positions half an hour ago, with a cumulative loss of $1.644 million
According to on-chain analyst Aunt Ai (@ai9684xtpa), an insider whale closed out his short positions in XRP and SOL half an hour ago, resulting in a cumulative loss of $1.644 million. The trader currently holds $105 million worth of short positions in BTC and ETH. The BTC short position is currently in profit due to its opening price of $116,736.3, while the ETH short position has a floating loss of $1.094 million.
2025-08-04 14:15:02
LTC breaks through 119 USDT, up 9.55% in 24 hours
According to Odaily Planet Daily, OKX market data shows that LTC has broken through 119 USDT and is currently trading at 119.17 USDT, with a 24-hour increase of 9.55%.
2025-08-04 14:12:13
Market News: pump.fun is testing a "rewards" feature on its website
According to screenshots of the website, pump.fun is suspected to be testing a "reward" feature, and a trading volume incentive plan is expected to be launched soon.
2025-08-04 14:02:52
Over the past hour, the entire network has experienced a liquidation of over $20 million, mainly due to short positions.
According to Odaily Planet Daily, Coinglass data shows that in the past hour, the entire network had a liquidation of US$22.1164 million, of which US$19.7430 million was for short positions and US$2.3735 million was for long positions. In addition, the amount of ETH liquidation reached US$9.0191 million.
资讯热榜
日榜
周榜
"Whales with 75% Win Rate in Four ETH Battles" Reduce Short Positions by 20,000 ETH with Stop-Loss
In the past hour, the total network liquidation expanded by more than 45 million US dollars, of which ETH liquidation was 21.2251 million US dollars
The “Insider Whale” closed its XRP and SOL short positions half an hour ago, with a cumulative loss of $1.644 million
LTC breaks through 119 USDT, up 9.55% in 24 hours
Market News: pump.fun is testing a "rewards" feature on its website
Over the past hour, the entire network has experienced a liquidation of over $20 million, mainly due to short positions.