TrueFi is a decentralized lending protocol, initially developed by TrustToken, Inc. (which now operates as Archblock). The protocol's mission is to bring uncollateralized, credit-based lending to the blockchain, creating a more capital-efficient market for both lenders and borrowers. It allows lenders to earn competitive returns on their stablecoins by supplying them to loan pools, while institutional borrowers can access predictable loan terms without needing to lock up collateral. The protocol is governed by the holders of its native token (TRU), who manage and approve new borrowers and protocol parameters.

Founded in

United States