Folks Finance

Folks Finance is launching its Points System to reward users for engaging with the protocol.

Points will be earned based on a variety of activities, from depositing and borrowing assets to daily interactions and social tasks.


First, you will need to create your account:




How points are earned

1. Depositing and Collateralizing: The more you deposit and the longer you hold your assets within the protocol, the more points you’ll accumulate






2. Borrowing: The longer the assets remain borrowed, the more points you earn over time



Earn points by repaying borrowed funds. The more interest repaid, the greater the point reward.


3. Referral System: Earn More by Inviting Friends

New User Bonus: When a new user signs up via a referral link, they earn points after creating their first account, helping them kickstart their journey on the platform.

Referrer Rewards: Referrers earn a percentage of the referred user’s accumulated points over time. As the referred user engages with Folks, both parties continue to benefit.

You can easily track your referral points directly from your Folks Finance dashboard.


4. Engage with the protocol regularly by logging in and completing daily actions to earn additional points.