TrueFi

TrueFi Basic Information

Symbol: TRU

Price: $0.08505400

Volume: $13,733,169

Market Cap: $107,425,586

Fully Diluted Value: 109,273,360

Short Term Beta: For Premium Users Only

Beta: For Premium Users Only

Futures Curve: For Premium Users Only

Total Supply: 1,283,173,672

Type: Artificial Intelligence (AI), DePIN, Decentralized Finance (DeFi), Lending/Borrowing, Real World Assets (RWA), Yield Farming

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Learn more about TrueFi

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.

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