Folks Finance announces xChain V2 with $10m+ incentives: Scaling crosschain DeFi into mainstream use
Folks Finance, the main crosschain lending protocol backed by Coinbase Ventures, Jump, ParaFi, and Borderless Capital, is coming into its subsequent improvement part with the discharge of xChain V2, scheduled for H1 2026. To assist the rollout, Folks Finance will allocate 1 million FOLKS (valued at ~$10M on the time of publishing) towards incentives to…