Question:

Q109. Calculate the TVL on Folks Finance- broken out by deposited and borrowed.

Approach:

The Folks Finance is a leading DeFi protocol for borrowing and lending built on the Algorand blockchain. It has 8 pools that enables users to deposit and lend a variety of assets.

In this essay, the TVL of assets on Folks finance has been investigated.

Also, the TVL has been breakdown into the deposit and borrow sections.

The methodology of this essay contains the following steps:

• Deposit of Folks Finance

         from algorand.application_call_transaction 
  
         where TRY_BASE64_DECODE_STRING(tx_message :txn :apaa \[0\] :: STRING) = 'd'
  

• Redeems to Folks finance

         where TRY_BASE64_DECODE_STRING(tx_message :txn :apaa \[0\] :: STRING) = 'r'
  

• Borrow from Folks finance

            where TRY_BASE64_DECODE_STRING(tx_message :txn :apaa \[0\] :: STRING) = 'b'
  

• Repay to Folks finance

            where TRY_BASE64_DECODE_STRING(tx_message :txn :apaa \[0\] :: STRING) = 'rb'
  

• Price of assets

            flipside_prod_db.algorand.prices_swap
  

• Time of TVL

          BLOCK_TIMESTAMP<=Current_date-2 
  

Results:

The results section contains the TVL of Folks Finance based on Net deposit and Net borrow

The results related to the deposit and redeem to Folks finance demonstrated in the table and two graphs:

The Key findings of this TVL analysis have been listed as below:

1. The USDC, gALGO and ALGO have the most TVL among assets on Folks finance.
2. The weekly analysis reveals the increasing deposit of USDC to Folks finance.
3. Additionally , the deposit of ALGO has been increased over time.
4. It can be seen that, the depositors of gALGO redeemed only small part of their deposit over time.

The outcomes related to the borrow and repaid to Folks finance illustrated in this part.

According to the results, the USDC, USDT and ALGO are the leading assets on borrowing from Folk finance.