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: â LENDERS: Individuals and institutions who provide capital.
â BORROWERS: Crypto-focused and traditional firms seeking loans.
â 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: â ASSET AND CREDIT VAULTS: Customizable pools for different types of loans and investments.
â LINES OF CREDIT: Provides ongoing credit to approved borrowers without needing individual loan approvals.
â TRANSPARENCY: Detailed reporting and analytics on loans, repayments, and protocol performance.
7. MODULAR INFRASTRUCTURE: > TrueFiâs infrastructure is designed to be flexible, allowing for the development of various lending products and services tailored to specific market needs.
0 personer gav dricks till skaparen.
Ansvarsfriskrivning: Inkluderar Äsikter frÄn tredje part. Ingen ekonomisk rÄdgivning. Kan innehÄlla sponsrat innehÄll. Se anvÀndarvillkor.
528
0
Svar 0
Explore the latest crypto news
âĄïž Var en del av de senaste diskussionerna inom krypto