Our Shared Vision for TrueFi in 2021 — The goal of TrueFi is to become the most widely adopted and most trusted protocol for uncollateralized lending on blockchain. TrueFi’s first borrowers are crypto-native trading firms and will gradually become a diverse set of companies and individuals, letting TrueFi act as a more general financing tool. The focus of…

Meet DeFi’s leading protocol dedicated to collateral-free loans, powered by the world’s first on-chain credit scores — TrustToken has launched TrueFi, the protocol for uncollateralized lending, powered by the first ever on-chain credit scores and governed by holders of the TRU token. At launch on November 21st, 2020, TrueFi provided for (a) vetted borrowers to request loans denominated in TrueUSD (“TUSD”), (b) TRU Stakers to assess the…

Good for COMP Holders, Good for TrueCurrency Users — Here’s Why — TrueUSD has been proposed as a new Compound Finance market. We’ve previously discussed the pros and cons of TUSD on Compound on the governance forum and have structured the proposal with substantial feedback from the Compound community on Discord. We’re convinced adding TUSD to Compound would be good for TUSD…

As TrueFi becomes increasingly owned and managed by its community, learn to drive changes to the protocol by following this guide — TrueFi has always been shaped by its community, and following the unanimous Snapshot vote to launch on-chain voting, is now officially in the hands of stkTRU holders and one step closer to becoming a publicly owned & operated financial utility for global lending. Now, with a formal governance process that…

Step 2 of 3: Supporting TrueFi’s on-chain governance with the launch of an off-chain foundation representing TRU holders — Since announcing TrueFi’s path towardwards decentralization, TrustToken’s TrueFi contributors have designed and deployed the protocol’s on-chain governance and time lock contracts with unanimous approval from TRU holders. A number of proposals transferring key components of the protocol are underway and being composed at the time of this post. These motions…

The leading unsecured on-chain lending protocol enters the Ethereum Layer 2, joining its bustling +$600 million ecosystem with low gas fees and high throughput — San Francisco, California, April 2022 — TrustToken, core contributors to the leading unsecured lending protocol TrueFi, announces the protocol’s launch on Optimism, a leading optimistic rollup Layer 2 scaling solution for Ethereum. …

Designed to accelerate Blockchain.com’s growing lending business, the portfolio opens to verified non-US lenders on TrueFi, targeting ~8.50% APYs — San Francisco, California, April 2022 — TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi, today unveils TrueFi’s newest single-borrower pool (SBP), specially designed for top digital asset services and exchange platform Blockchain.com. Initially capped at $100 million for its first year, Blockchain.com …

TrueFi’s Pioneers the Next Paradigm of DeFi Lending — Again — Phase 1: In November 2020, TrueFi originated the first ever on-chain unsecured loan. This first phase of the protocol saw the growth of TrueFi-operated stablecoin pools, largely lending to crypto-native institutions. Since then, TrueFi has become the leading protocol for unsecured loans, completing over $1.25b …

New hires bring decades’ worth of tech, finance, and marketplace technology experience to TrustToken’s leadership as the company scales up its DeFi lending protocol, TrueFi San Francisco, California, February 2022 — TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi, as well as popular stablecoins including…