Folks Finance Lending Pools
See my DeFi strategy to enhance Algorand Governance rewards, specifically during Governance Period 10. The strategy involves claiming Algo rewards from Tinyman farming programs, swapping Algo to gAlgo, and utilizing Folks Finance lending pools for dual-yield mechanisms. This strategy aims to maximize returns during the governance period. However, it's crucial to understand associated risks, you don't want to become ineligible for your governance rewards by falling below your committed balance.
Resources
Algo Cleanup Blog: https://algocleanup.com/blog/defi/enh...
Folks Finance: https://app.folks.finance/algo-liquid...
Folks Finance Docs: https://docs.folks.finance/functional...
Tinyman: https://tinyman.org/
Algorand Governance: https://governance.algorand.foundation/
Chapters
0:00 Lending Pools Overview
1:29 Folks Finance
2:20 Tinyman
3:13 Swap to gAlgo
3:31 gAlgo/Algo Lending Pool
4:45 Farming LP Tokens
6:04 Algorand Governance