TrueFi tru

+ 0.01 % $ 0.052578
$0.05191 24H Range $0.053291
Market Data
Price $ 0.052578
Volume $ 1,618,344.00
Volume / Market Cap 0.0357
Supply
Circulating Supply 860,886,597.92
Total Supply 1,441,129,426.99
Max Supply 1,441,129,426.99
Valuation
Market Cap $ 45,268,829.00
Fully diluted market cap $ 75,780,296.00
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.
TrueFi (tru) Price Chart
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theblock.co • 4 days ago