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ABOUT TrueFi
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.
Contract Addresses:
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CRYPTO INFO
Ethereum Holders: 7355
FD Market Cap: $101.1 Mil
Avail Supply: 959030074
Total Supply: 1198450773
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EXCHANGE PRICES
Binance: $0.0845 Coinbase: $0.084283 Chainlink: $0
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ICYMI: #Binances CZ announced the introduction of zero trading fees on $TUSD pairs, causing a spike in the value of $TRU