Hodler — Crypto Portfolio Tracker and Analytics

TrueFi | TRU

$0.005574

Coin info

Rank
#1382
Market Cap
$7,972,928
Volume (24h)
$48,754,648
Circulating Supply
1,435,338,064.35
Total Supply
1,449,999,998.21

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

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.