Tag: TrueFi DeFi

Developed by TrustToken, the team behind the True USD (TUSD) stablecoin, TrueFi is a decentralized finance (DeFi) protocol that provides uncollateralized loans to institutional investors using an on-chain credit score mechanism. Users can deposit stablecoins to TrueFi lending pools and earn high-interest yields. Also, the native TRU token is an essential part of the TrueFi DeFi protocol. Plus, users can participate in TrueFi staking using the TRU token to earn protocol fees and voting rights for governance proposals.