Watching $TRU closely 👀
In the last 30 days, $TRU rose up + 76.93%
Narrative for the Bullrun are: GAMING | AI | RWA
A narrative no one is talking about yet is the RWA + Lending protocols 🤫
Defi borrowers increased this year & expect more as the market recovers 📈📈
True fi is heading to be Ranked no 1 in the RWA lending protocols
𝗜𝗡𝗧𝗥𝗢𝗗𝗨𝗖𝗜𝗡𝗚 𝗧𝗥𝗨𝗘𝗙𝗜
1. PROTOCOL OVERVIEW:
Introducing TrueFi is a decentralized finance (DeFi) protocol enabling secured lending via smart contracts.
It aims to provide an efficient and transparent lending process without requiring collateral.
2. KEY PARTICIPANTS:
— LENDERS: Individuals and institutions who provide capital.
— BORROWERS: Crypto-focused and traditional firms seeking loans.
— PORTFOLIO MANAGERS: Professionals who manage lending portfolios and assess borrower creditworthiness.
3. GOVERNANCE:
TrueFi is governed by the TRU token, this which allows holders to participate in protocol decisions, such as approving new loans and managing risk.
4. ACHIEVEMENTS:
> Since its launch in November 2020, TrueFi has facilitated over $1.7 billion in loans and paid over $40 million in interest to lenders.
5. BORROWERS:
> Includes a diverse range of entities, from cryptocurrency-focused projects to traditional financial and fintech companies.
6. FEATURES:
— ASSET AND CREDIT VAULTS: Customizable pools for different types of loans and investments.
— LINES OF CREDIT: Provides ongoing credit to approved borrowers without needing individual loan approvals.
— CREDIT SCORES: Uses blockchain-based credit scoring to evaluate borrower risk.
— TRANSPARENCY: Detailed reporting and analytics on loans, repayments, and protocol performance.
7. MODULAR INFRASTRUCTURE:
> TrueFi’s infrastructure is designed to be flexible, allowing for the development of various lending products and services tailored to specific market needs.