TrueFi
TRU
TruStory
Social network that enables productive debate
Categories:
Social
Founded:
2018
TruStory is a platform that allows users to discover and validate claims made online. This includes blog posts, whitepapers, websites, and social media posts. Unlike the current web, where it is the reader's responsibility to fact-check, TruStory has a unique validation process. This process uses a distributed network of participants who are incentivized to surface the truth with robust economic and social incentives.
TruStory Fundraising
Fundraising Event
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Seed | $3M | -- | May 24, 2018 |
TruStory Team
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TrueFi
TRU
$0
-2.41%
Total dollar volume24H
$37,619,644
High24H
0.0842 USDT
Low24H
0.0765 USDT
Market Cap
#412$102,006,965
FDV
$103,808,750
Turnover rate
36.88%
Circulating supply
1,260,901,915
Total supply
1,283,173,672
Max supply
1,283,173,672
All time high
1.06 USDT
All time high date
Aug 12, 2021
Down from All time high
-92.37%
Cycle low
0.0264 USDT
Cycle low date
Aug 17, 2023
Up from cycle low
206.44%
Contracts
Official links
Socials
Introduction
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.