All the new terms and concepts used in crypto can be tough! If you’re still trying to understand the basics, these videos will help you get up to speed.

DeFi & Blockchain

Already comfortable with blockchains? If you’re ready to get started learning how to use Folks Finance, jump into our protocol tutorials.

Folks Tutorials

It’s important to know what a blockchain is before learning more about crypto and DeFi. This technology is the foundation of what the entire industry is built on. Watch this video to get a basic introduction to the subject.

What is blockchain?

Bitcoin, Ethereum, and Doge all run on:

The computers which track the data of a blockchain are called:

What is the purpose of a blockchain?

In what year did Bitcoin come online?

There’s an important difference between the terms “blockchain” and “crypto”. Beyond that, there are even multiple definitions and applications for the word “crypto” itself. After watching this video, you should have a grasp on how to use this important word in any context.


What is crypto?

The origin of “crypto” is from the greek word “Kruptos, which means:

Crypto does not mean:

The first cryptocurrency was:

Crypto has evolved far beyond bitcoin. As the technology matured, different versions of how to build a blockchain emerged. Learn about the two most common types of blockchains in this video.


Types of Blockchains

What is bitcoin’s consensus system called?

One of the issues with Proof of Work is its:

In a Proof of Stake system, users commit _____ to participate in consensus:

Decentralized Finance, or DeFi, is transforming our understanding of financial systems, promising transparency, efficiency, and democratization. This video introduces you to the basics of DeFi and explains why it's the next big thing in the world of finance.


What is DeFi?

What does DeFi stand for?

Smart contracts in DeFi protocols:

Unraveling the Concept of Decentralized Finance.

Algorand, a layer-1 blockchain solution, has effectively addressed the blockchain trilemma: scalability, security, and decentralization. This unique capability has made it the platform of choice for Folks Finance. In this video, we dive into Algorand's innovative design and its exceptional performance capabilities.

What is Algorand?

Who is the founder of Algorand?

What role does an ALGO token play in consensus on Algorand?

In Algorand's governance system, what does committing ALGO tokens allow you to do?

Liquid Staking is one of the most popular applications of the DeFi industry today, granting the ability to participate in staking programs while maintaining liquidity of the commitment. 

What is Liquid Staking?

Who built the first instance of Liquid Staking?

Which of the following is not a Liquid Staking option on Folks Finance?

Bridging is a new technology which empowers cross-chain activities. It’s a big step forward for bringing isolated ecosystems together and unifying the crypto industry. 

What is bridging?

Which of the following is NOT a benefit of bridging technology?

Leverage trading amplifies market exposure using borrowed funds, offering profit potential alongside elevated risks.

What is Leverage Trading in crypto?

What is the key advantage of leverage trading?

Which factor increases with higher leverage in trading?

Going Long and going Short are two of the most common strategies used when trading crypto markets. It’s important to understand the basic mechanics of Long & Short if you plan to trade or invest in the crypto markets. The prices of all digital assets are affected by these specific strategies.

What is Long & Short?

What is the primary goal of 'going long' in investing?

What is one potential consequence if most people were constantly positioned short in the market?

How can leverage be used to manage risk in trading when your main position is long?

 Smart contracts are what separates blockchain 2.0 from blockchain 1.0. Understanding smart contracts will give you the knowledge to understand many of the key aspects of DeFi and NFTs.

Smart Contracts 101

According to the video, what role do smart contracts play in the functionality of blockchain technology?

How do Smart Contracts differ from traditional contracts?

What does the video suggest is the primary limitation of traditional contracts?

Learn about the inventor of the smart contract, its origins, and how they could be used in the future.

Smart Contracts 102

Who is credited with the initial concept of smart contracts?

What role do smart contracts play in the application of Folks Finance?

What early application of smart contracts is mentioned in the essay?

Dive into the history of smart contracts.

Crypto is still an industry in its infancy. One of the pillars of blockchain is its immutability, but that doesn’t mean personal security is as simple. Watch this video to learn some basics on how to protect your on-chain assets.

How to protect your crypto assets

What is a mnemonic key also known as?

What does self-custody in cryptocurrency mean?

What was a primary example given for the risk of keeping crypto on a centralized platform?

Folks Finance supports Algorand wallets. Learn how to create a wallet using two of the most popular options – Pera and Defly. It’s a simple process which unlocks a whole new ecosystem!

Creating an Algorand Wallet

Why is it important to save your 25-word passphrase?

What could happen if you lose your passphrase?

You'll need a blockchain wallet to use Folks Finance. Folks is compatible with Pera Wallet, Defly, and Fireblocks. Set up one of those wallets, then watch this video to get started.

Connecting your Wallet to Folks Finance

How do you connect to Folks Finance?

Depositing assets is the first step in accessing the lending markets on Folks Finance. After depositing, you'll be able to accrue the yield paid from borrowers, or collateralize your deposit for a loan.

How to Deposit Assets

What can you do with deposited assets on Folks Finance?

Learn how to deposit assets into Folks Finance.

With the integration of Pera Onramp, you can buy crypto and access it directly from Folks Finance! Learn how to make the most of your time and money with this tutorial.

How to buy assets with Fiat money

What payment option is not available in Pera Onramp?

After depositing assets, you can create a loan position by collateralizing assets, then borrowing. There are many methods and structures for loans on Folks Finance. Get familiar with how to manage your loan with this video.

Basic Loan Management

Which type of loan is not available on Folks Finance?

Why is "Variable APY" variable?

Which of the following will not raise your liquidation margin?

Loans are a core feature of Folks Finance.

Liquid Governance allows you to commit to Algorand Governance while maintaining the liquidity of your commitment. For each ALGO committed, one gALGO is minted and distributed, which is usable around the ecosystem for DeFi, NFTs, gaming, and social platforms.

Liquid Governance Intro

The first week of a new governance period is also:

What is gALGO?

Leveraged Commit allows you to commit up to 4x your ALGO holdings to Liquid Governance in a single click! Thanks to the power of flash loans, you can increase your voting power and rewards.

Leveraged Commit

Using Leveraged Commit creates a:

Repaying your loan:

Multiply your governance commitment up to 4x.

xGovs are expert governors who commit the period’s rewards for one year in order to vote on community proposals. These community proposals are in regards to the allocation of funding and grants.

How to become an xGov

The period’s xGov rewards are locked for:

To become an xGov, you must have:

xGovs must ___  participate in all votes.

Voting with Liquid Governance is the easiest way to participate in Algorand Governance. With just a few clicks, you can put your ALGO to work to influence the direction of Algorand’s future.

How to Vote with Liquid Governance

When voting with Liquid Governance, you cannot:

Liquid Governors can also vote on:

By using the “Repay with Collateral” feature, you can easily repay the loan created for Leveraged Commit to unlock your ALGO commitment. It only takes a few clicks.


Repay Leveraged Commitment Loan

Click repay on ALGO under:

On the repay modal, select:

You can remove the gALGO by clicking:

You can redeem your gALGO for ALGO on the:

Close your leveraged commitment in a few clicks!

Lending Pools allow your deposit to earn yield from Folks’ lending markets and Pact’s trading fees at the same time. Learn how to easily get started using this innovative yield-generating product.

Lending Pools: Pact

Which of the following is not a source of yield for Lending Pools?

Obtener rendimiento de dos fuentes juntas.

Lending Pools are now live on Tinyman. Earn yield from Folks' Lending Markets plus Tinyman's DEX fees at the same time!

Lending Pools: Tinyman

What are the sources of yield for Lending Pools?

What color is the Tinyman logo in this video?

xALGO brings the yield of Algorand governance cross-chain. Learn how to Mint & Burn xALGO on Binance Smart Chain, unlocking a vast DeFi landscape.


xALGO: Mint & Burn

To mint xALGO on BNB Chain, you do NOT need:

xALGO is interest-bearing. How does one collect the interest accrued from governance?

What step is important to not interrupt while Minting or Burning xALGO?

xALGO is the best way to get exposure to the ALGO outside of the Algorand blockchain. Now available on AVAX, it’s easy to mint and start earning passive yield while preserving all your liquidity.


xALGO on AVAX

Cosa è necessario per coniare xALGO?

What is the final step in the process of burning xALGO and converting it back into ALGO?

How does the value of xALGO compare to ALGO over time?

Thanks to our partnership with Pancakeswap, a Liquidity Pool for xALGO/BNB has been established. Stake your LP tokens to get CAKE in rewards, or stake CAKE in a Syrup Pool to get xALGO.


xALGO: Pancakeswap LP

Which of the following is not a source of yield on xALGO?

If you don’t have BNB, you can swap xALGO:

Ultraswap allows you to increase your exposure to the crypto markets up to 8x using Folks Finance’s permissionless technology. Position yourself Up, Down, or Convert from crypto to USDC, all in a few clicks. 

Ultraswap Overview

What does Down not allow you to do?

What are you adjusting when you change the slippage?

Which of the following is not possible on the charts by TradingView?

Join Algorand Consensus through Folks Finance to start earning ALGO rewards! Participating in consensus helps secure and decentralize the Algorand network. It’s easy to get started after watching this tutorial.

How to join Algorand Consensus (no code)

What is the purpose of Algorand's consensus mechanism?

Which of the following best describes the process of participating in Algorand consensus?

What is essential to earn consensus rewards through Folks Finance?

Secure the Algorand network and earn ALGO.

Avalanche is a layer-1 blockchain known for its high performance and flexibility, supporting a wide range of applications from games to DeFi. It boasts a unique consensus mechanism, a strong founding team, and a vibrant community, making it a leading choice for developers and users alike.