|Total Value Locked||24H|
|in ETH||345.1K ETH||+9.4%|
|in BTC||23.2K BTC||+4.6%|
|USDC Locked||535.95M USDC||+52.7K USDC|
|% Supply Locked||1.75%|
TrueFi is a decentralized protocol for uncollateralized on-chain lending. The aim is for TrueFi to become the ultimate market-driven, automated credit rating and lending system, freeing money to move wherever it creates the most value instantly. On TrueFi, lenders enjoy competitive rates and full transparency of how their assets are utilized. Meanwhile, borrowers get access to fast, fixed rate loans with no collateral requirements, all while building an on-chain credit history. The process of vetting borrowers for creditworthiness and approving new loans is in the hands of holders of TRU, the TrueFi platform token. TrueFi was developed by TrustToken, the same team that launched and grew TUSD and four other leading stablecoins into asset-backed tokens trusted by many, attested live on-chain and now moving billions of dollars in monthly volume across +100 trading partners and 112 countries.
Head over to TrueFi where you can deposit assets like TUSD and begin lending or submit a proposal to borrow funds.
Maker, Ethereum’s first-ever DeFi application, is a decentralized credit platform offering users access to the most proven permissionless stablecoin to…
The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity…
This week we’re joined by Lao Zi, anonymous founder of QiDao Protocol, who shares their advice for building community around…