$FOLKS TGE is coming. Here's some notes from my memo on @FolksFinance ↓ Competitive advantages: 1. True crosschain lending: Unlike most lending protocols that operate on a single chain or use wrapped assets, Folks Finance enables native crosschain borrowing: deposit on Avalanche, borrow on Ethereum, for example. 2. Multi-protocol security: By utilizing Circle CCTP, Chainlink CCIP, and Wormhole simultaneously, the protocol achieves redundancy and enhanced security compared to single-bridge solutions. 3. First-mover on @Algorand: Strong dominance on Algorand (47% of TVL) provides a defensible moat in a less competitive ecosystem while expanding to EVM chains. 4. Institutional-grade infra: Backing from Coinbase Ventures, ParaFi, and Jump Capital suggests the protocol meets institutional security and compliance standards. 5. Innovative token design: The upcoming $FOLKS token using Wormhole NTT represents a technical breakthrough in multichain token standards, avoiding the liquidity fragmentation issues that plague most crosschain tokens. Are you watching Folks?