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TrueFi Logo

WEB3 3.0 WINNER

TrueFi

TrueFi employs a credit verification system providing DeFi lending that is uniquely collateral-free.

DeFi DappsDecentralized Lending Dapps
|

Open-source

Chains:Ethereum

What

is

TrueFi

TrueFi offers a method of decentralized lending that is uniquely collateral-free. Instead of having users put up collateral for their loans, they use their automated, market-driven credit rating and lending protocol.  Truefi gives borrowers the chance to exit at any time, competitive returns, transparency, and publicly verified and legally-bound borrowing. Their governance token (TRU) allows users to control the protocol, approve borrowers, and have a say in treasury and partnership decisions.

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