Folks Finance: Minting gALGO3 For Governance

Q53. Folks Finance is a newly launched lending and borrowing protocol built on Algorand. They offer a unique liquid Algorand governance opportunity which allows you to still utilize your ALGOs in in the form of gALGO3 a token you mint when you deposit your ALGOs into their governance pool. An important note is ALGO and gALGO3 are one to one in terms of value. This allows you to still use the value of your ALGOs in the form of gALGO3 and earn governance rewards since your ALGOs will be placed in governance via their protocol and the staking pool. Click here to learn more: https://docs.folks.finance/protocol-architecture/algo-liquid-governance