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.
View All
On-Chain Links
Contracts
Ethereum:0x4c...3784
Live
00:00 / 00:00
Your One-Stop Crypto Investment Powerhouse
Invalid Date
Translated by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors