What is the Folks Airdrop?

Folks Finance is a cross-chain decentralized finance (DeFi) protocol that focuses on lending and liquidity staking functions. The platform supports asset lending and liquidity staking, allowing users to earn profits while maintaining asset liquidity and actively participating in platform governance decisions.

This time, the Gate Wallet BountyDrop platform focuses on Folks Airdrop tasks, helping users quickly understand the project background, directly reach the task page, and gain participation opportunities.

What is the BountyDrop platform?

The BountyDrop section of Gate Wallet integrates the “Task Square” and “Airdrop” modules, providing a one-stop airdrop task experience, targeting a user-friendly operation process and reward mechanism. Users only need to log in to the Gate Wallet App to view the latest airdrop projects, read the introduction and task requirements, and quickly complete interactions through the task entry.

Folks Airdrop Event Details

The Folks Airdrop event officially launches on June 16, 2025, and will last until July 15. The entire event has a prize pool of $20,000 in FOLKS Tokens and points, to be shared among eligible users who complete all tasks. Specifically, after the event ends, 300 participants will be randomly selected from users who have completed all tasks and clicked “Verify” to receive rewards.

The basic requirements for user participation are: the total assets on the wallet address must not be less than 10 USDT, and all specified interaction tasks must be completed during the event period, including following Folks’ social media accounts, joining their community, and actually performing a funding interaction operation on the Folks platform (e.g., depositing 10 USDC into the xChain account). After completing the tasks, users need to click the “Verify” button on the BountyDrop page for the system to record the tasks as valid.

Click the announcement to view details:https://www.gate.com/announcements/article/45599

Step-by-step guide to participation

1. Install the latest version of Gate Wallet: Make sure it is updated to v7.7.0 (iOS / Android), open the app, and go to the “BountyDrop” section.
2. Log in using EVM chain wallet address: The system will automatically recognize the public chain address you are using, please confirm to switch to the EVM network environment.
3. Complete task content

• Hold Gate wallet full-chain assets ≥ 10 USDT
• Follow the Folks Twitter account
• Join the official Folks Telegram group
• Join the Folks Discord group
• Register an account on the Folks xChain platform and deposit ≥ 10 USDC

1. On the task page, click the “Verify” button: All tasks must be clicked to verify in order to be recognized as completed by the system; otherwise, they will be considered as giving up participation.
2. Waiting for the draw: After the event ends, 300 qualified users will be randomly selected to share the rewards.

Why is it recommended to participate in the Folks Airdrop?

• Low barrier to entry: Guided interface for task pages, simplified processes, suitable for beginners who are new to Web3.
• Promising prospects for the protocol: Folks Finance focuses on the staking function, offering actual returns and governance incentives, making its future growth worth paying attention to.
• Improved security mechanisms: Relying on the powerful security system of Gate Wallet, including local backup of mnemonic phrases and on-chain interaction monitoring mechanisms, operations are more secure.
• Ecosystem Combination Empowerment: Through BountyDrop, you can not only participate in Folks but also in other newly launched Airdrop projects, with a rich incentive mechanism.

Precautions

• A user with multiple addresses participating will have rewards calculated based only on the address with the highest actual winnings.
• Multiple addresses on the same device can only randomly qualify for distribution to one of the addresses.
• The system excludes witch attacks, and the official has the right to cancel the qualification of users who engage in improper operations.
• The final interpretation rights belong to Gate Wallet.

Summary

The Folks Airdrop task launched on Gate Wallet BountyDrop provides a linear, transparent, and low-threshold path for new users joining DeFi. Participants can engage through EVM interaction processes and receive generous rewards. If you are looking for an opportunity to quickly engage in on-chain task interactions, now is a great time to join Web3.