Odaily Planet Daily News: DeFi protocol Folks Finance announced the launch of the xChain testnet on Base, Avalanche and Ethereum. Folks was built using Chainlink CCIP, Wormhole and Circle CCTP. The main goal of this testnet is to fully evaluate and verify Folks' cross-chain framework, aiming to provide lending functions on multiple blockchains. It is reported that Folks Finance aims to release the mainnet in early autumn 2024. (Cointelegraph)