TrueFi enables uncollateralized DeFi lending with governance and staking.
TrueFi is a DeFi platform for uncollateralized lending, using TRU tokens for staking, governance, and credit assessment in decentralized borrowing and lending.
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What is TrueFi (TRU)?
TrueFi is a decentralized finance (DeFi) platform designed for uncollateralized lending. The protocol is powered by the TRU token, which is used for staking and governance. Founded in 2017 by Rafael Cosman and his team, TrustToken aims to modernize the financial system by reducing transaction costs, speeding up international payments, and expanding global access to financial services. To achieve this, TrustToken has created various crypto tokens, including stablecoins pegged to fiat currencies like True USD (TUSD), tied to the US dollar. TrueFi emerges as a part of this effort, offering uncollateralized loans through a system that facilitates DeFi borrowing and lending with fixed terms and no collateral. A key innovation of TrueFi is the first automated on-chain credit rating system, which...
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TrueFi price live information
As of now, TrueFi is trading at 0.0436 USD, with a 24-hour trading volume of approximately 1.10M USD. The TRU to USD price is updated in real time. Over the past 24 hours, TrueFi has increased by 12.25%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 56.05M USD. Currently, there are 1 285 461 864.345992 TRU in circulation out of a maximum supply of 1 300 311 872.204672 TRU.
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