Contract address: 0x4c19596f5aaff459fa38b0f7ed92f11ae6543784
Project Website: TrueFi.io
Discussion
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TrueFi is an uncollateralized on-chain lending protocol, powered by TRU. It allows lenders to earn high, stable returns on loaned cryptocurrencies (starting with TUSD and adding others including USDC, wBTC, and more!) while having full transparency on how the loaned capital is allocated. Vetted borrowers can use TrueFi for access to fixed-term, fixed-rate cryptocurrency loans.
We have an aggressive roadmap planned for the next few months with a lot of updates on the horizon. You can find the roadmap at https:// blog . trusttoken . com/the-truefi-protocol-roadmap-92f388ac6eb3
Tokenomics
TrueFi’s native token, TRU is an erc-20 that gives holders governance rights and the option to stake TRU to backstop liquidations in exchange for a protocol incentive and a share of fees accrued. In lieu of on-chain governance being live (should be live in the next few weeks) TRU is also used to vote for governance proposals on our community on Snapshot.
Community and Communication
TrueFi is active on Twitter, Discord, Youtube, and Discourse.
Available Audits
github . com/trusttoken/audits/tree/master/TrueFi
Market and Trading Data
- ATH was $0.615301 (Feb 13, 2021)
- ATL was $0.108493 (Nov 26, 2020)
- Max supply of 1,444,746,288
- TRU is available on SushiSwap and Uniswap (currently incentivizing liquidity on Uniswap and will soon be shifting that over to Sushiswap)