Swaps

Folks Finance swaps are powered by Li.Fi, a leading liquidity aggregation protocol offering cross-chain token swaps. With this integration, users can swap assets across multiple blockchains directly within the Folks Finance platform, providing a unified and efficient experience.

Benefits of Li.Fi Integration

1. Aggregated Liquidity and Transaction costs: Li.Fi sources liquidity from multiple providers to ensure users receive optimal swap rates with minimized slippage. This approach not only improves execution efficiency but also helps users save on transaction costs.

2. Cross-Chain Swaps: With Li.Fi, users can easily swap assets across multiple blockchains in a single transaction, without needing to manage multiple wallets or bridges.

3. Efficiency and Simplicity: Instead of using multiple platforms for cross-chain swaps, or borrowing, everything is streamlined through Folks Finance, making it easier for users to interact with DeFi from a single hub.

How to Swap

1. Connect your wallet

2. Click on Swap from the header

3. Select token and chain from and to you wish to perform the swap

4. Click on Exchange, follow the instruction, and sign with your wallet

For a detailed explanation of how Li.Fi works, visit their official documentation: Li.Fi Docs.