📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Polygon provides a $300,000 grant to Folks Finance to promote cross-chain lending on the PoS network.
Odaily News Polygon has provided a $300,000 grant to the decentralized lending protocol Folks Finance to support its deployment of a cross-chain lending solution on the Polygon PoS network, aiming to integrate liquidity and simplify the multi-chain lending experience. According to the official introduction, Folks Finance adopts an innovative "hub-and-spoke" architecture, allowing users to collateralize assets on one chain and seamlessly borrow on another chain. The solution operates through three cross-chain communication protocols: Circle CCTP, Chainlink CCIP, and Wormhole, avoiding the asset security and operational complexity issues brought by traditional bridging. This funding will be distributed in three installments, with the first installment of 100,000 USD equivalent in MATIC tokens already issued. Polygon stated that after Aave reduced its deployment on the PoS chain, a gap emerged in the lending market, and this funding for Folks Finance is an important measure to fill that gap. Folks Finance has also launched the "Folks Points" incentive system to encourage user behavior within the protocol. In addition to Polygon, Folks Finance has previously received support from the Avalanche and Arbitrum foundations. (Cointelegraph)