TrueFi Overview
- What is TrueFi?
TrueFi is a decentralized lending platform that is collateral-free and utilizes automated, market-driven credit rating. Borrowers have the freedom to exit at any time, with transparency, competitive returns, and publicly verified and legally-bound borrowing. Users can control the protocol, approve borrowers, and have a say in treasury and partnership decisions through the governance token (TRU).
- Main Features
- Uncollateralized lendingOn-chain credit scoringGoverned by community via $TRUReal-time visibility into loan performance and fund movementInstitutional services
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Frequently asked questions
TrueFi ensures maximum transparency by tracking every dollar loaned to borrowers in real time. This means that all loan transactions and related information are recorded and can be accessed by anyone in real time. Additionally, TrueFi is governed by TRU holders, who have the power to approve new managers and borrowers, as well as manage key treasury and partnership decisions. This governance structure ensures that decision-making processes are transparent and accountable.
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