## Folks Finance Launches on Monad, Incentivizing Users with $40,000 Folks Finance, a prominent cross-chain lending protocol, has officially launched on the Monad mainnet, an EVM-compatible platform known for its high performance. This expansion enables Folks Finance to offer integrated liquidity solutions and native cross-chain asset listings within the Monad ecosystem. To celebrate the launch and encourage adoption, Folks Finance is rolling out a $40,000 incentive campaign. This campaign aims to reward early adopters and boost activity on the platform. ## Native FOLKS Token Transfers via Wormhole Furthermore, Folks Finance is leveraging Wormhole's Native Token Transfers (NTT) framework to expand the reach of its native token, FOLKS, to Monad. This integration allows for seamless and unwrapped transfers of FOLKS between Monad and other supported blockchains, streamlining user experience. The initial incentive program, commencing on [date - e.g., October 26th], will distribute 5,000 FOLKS tokens (valued at $40,000) as rewards to participants. Folks Finance is backed by leading investors including Coinbase Ventures, Jump, and ParaFi. Its expansion to Monad signifies its commitment to cross-chain interoperability and providing innovative lending solutions. ```