Folks Finance unveils 2026 roadmap with xChain V2, $15M incentive program

Cross-chain lending protocol Folks Finance has announced its growth roadmap for 2026, citing the stable value appreciation of its native FOLKS token. The plan includes the launch of xChain V2, a $15 million incentive program, an early access version of a regulatory-compliant mobile app, and the development of an EVM-compatible Liquid Staking Token (LST). The protocol also announced Season 2 of its Folks Points program, which will now award points for activities such as interest repayments, swaps, and flash loans. The upcoming xChain V2, scheduled for release in the first half of next year, will support both EVM and non-EVM ecosystems and feature what the project describes as DeFi's first cross-chain vault-based lending. To support this expansion, Folks Finance will introduce an incentive program of one million FOLKS tokens (approximately $15 million) with the goal of reaching $1 billion in total value locked (TVL). Additionally, a mobile app will be launched next year in collaboration with Folks Mobile, a licensed Virtual Asset Service Provider (VASP), for which over 30,000 users have already joined the early access waitlist.