# Folks Finance (FOLKS): D-Score 23/100 — Centralized Leaning

**BlockIndex D-Score: 23/100 (Centralized Leaning).** Folks Finance (FOLKS) is a Layer 2 cryptocurrency using Other consensus. Folks Finance: Cross-chain DeFi token on BSC enabling unified supply/borrow with CCIP and Wormhole integrations.

_Source: https://blockindex.ai/coin/folks · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 23 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 7 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: Other (N/A)
- Launch: Other (2025)
- Founder: N/A
- VC funded: No
- Max supply: 50,000,000
- Circulating: 12,198,407 (24.4%)

## Market data (as of 2026-06-19)
- Price: $2.32
- Market cap: $28.36M
- 24h volume: $12.48M
- 24h change: -13.46% · 7d change: +15.96%

## About
Folks Finance (FOLKS) is presented in the supplied materials as a cross-chain decentralized finance (DeFi) protocol and BEP-20 token focused on enabling unified supply, borrowing and collateral management across multiple blockchains. The project emphasizes native cross-chain interoperability using named messaging and transfer technologies — specifically calling out Chainlink CCIP, Circle CCTP and Wormhole messaging — to move assets and liquidity across chains without relying on wrapped or split asset representations. In the provided snapshot Folks Finance is tracked on market data platforms (CoinMarketCap) and appears to be actively traded, with a material market-cap profile and daily liquidity meaningful to both retail and institutional participants. The source data provides a token contract address on a BSC token page, a maximum supply figure (50,000,000 FOLKS), and a circulating supply snapshot (12,198,407 FOLKS), but it does not include an explicit founding date, team biographies, or a formal whitepaper in the supplied files.

Technically, Folks Finance functions as a smart-contract token deployed on Binance Smart Chain (BSC) and integrates cross-chain messaging and transfer systems to enable native asset movement and unified pools. The documentation in the supplied files highlights integrations with Chainlink CCIP, Circle CCTP and Wormhole messaging as core elements of the design; these integrations are presented as mechanisms for native cross-chain access to liquidity and collateral. The provided materials do not include low-level developer telemetry (block/tps statistics, on-chain performance metrics, or full audit artifacts) nor exhaustive contract-level details such as decimals, verified source links, or GitHub repositories. Consequently, while Folks presents as a cross-chain DeFi primitive, many implementation-level details that affect security auditability and developer trust are absent from the supplied dataset.

From a tokenomics perspective the supplied files show a capped supply model: a maximum supply of 50,000,000 FOLKS with a circulating supply reported at 12,198,407 (approximately 24.40% of max supply as shown in the snapshot). Market data in the files includes a recent price snapshot (roughly $5.34 per token), a market capitalization around $65.2M and 24-hour volume in the tens of millions (the snapshot lists $18.53M). The sources also record an extreme intra-project price range within the same dataset window: an all-time low of $2.05 (2025-11-06) and an all-time high of $49.14 (2025-12-14). The provided materials do not disclose an explicit premine percentage, founder allocation, or vesting schedule — those details would be required to assess initial distribution and long-term dilution risk more thoroughly.

Governance and organizational structure are not detailed in the supplied materials. There is no explicit company or foundation name, no CEO listed, and no on-chain DAO governance structure documented in the provided files. The dataset therefore does not support firm claims about corporate registration, legal domicile, or whether project treasury funds are community-controlled. The materials do indicate listing on a major centralized exchange (Binance) and tracking on analytics platforms (CoinMarketCap/CoinGecko), which suggests market visibility, but the absence of governance and legal disclosures in the provided snapshot reduces clarity about decision-making and long-term stewardship. Overall, Folks Finance is shown as a market-tracked, cross-chain DeFi token deployed to a BSC-compatible environment, emphasizing interoperability; however, several organizational, technical, and governance details necessary for a full risk and due-diligence profile are missing from the supplied files.

## Links
- Website: https://www.folks.finance/
- Whitepaper: N/A
- GitHub: https://github.com/folks-finance

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore