?
TrueFi
Price USD
$0.03137
Price
0.057016 WETH
Liquidity
$107K
FDV
$42.1MMkt Cap
$41.7MTxns13
Volume$3.5K
Makers
9Buys7
Sells6
Buy Vol$1.4K
Sell Vol$2.0K
Buyers5
Sellers5
TRU

It is a DeFi uncollateralized lending protocol developed by the TrustToken team. Lenders can borrow cryptocurrencies with predictable loan rates without the need to pledge collaterals like Aave, Compound, and Venus. In the long term, TrueFi aims to become a market-driven, automated credit rating and lending system. This will demand building beyond the rigid, conservative constraints such as minimum/maximum APY and high TRU participation factor. It will also require increased levels of responsibility from users, especially for onboarding new borrowers beyond the pre-approved whitelist and approving new loan types.
Loading...