Strengthening 33% a Day, Here's RSR Coin's Crypto Performance Today March 26 2024

TrueFi is DeFi's first credit protocol for lending, borrowing, and managing capital. Built on Ethereum and Optimism, capital markets. TRU Coin is a cryptocurrency used in the TrueFi ecosystem.

Reporting from the Binance Academy website, Tuesday (26/3/2024), TrueFi connects investors, borrowers and capital managers for unsecured loans in crypto and real-world financial opportunities.

By bringing asset management on-chain, TrueFi eliminates the middleman and can offer lenders better returns on loaned capital, as well as a range of financial opportunities typically reserved for the ultra-wealthy.

TrueFi also provides multiple layers of loss protection, helps portfolio managers leverage global liquidity, and enables more capital-efficient loans for borrowers.

Today, TrueFi offers diverse and growing financial opportunities, including emerging markets investing, fintech financing, real estate investing, and gig worker lending effectively bringing real-world loans and assets to DeFi.

How does TrueFi work?

TrueFi is a public financial utility, offering infrastructure for lending, borrowing, and managing assets. The real magic of the protocol, however, happens when this group of users come together, using TrueFi as a marketplace to meet their needs.

Because TrueFi is a decentralized protocol, it also relies on governance token creator TRU to provide downside protection to lenders, govern the future of the protocol, and provide the contributions necessary for TrueFi to succeed.