TrueFi

TrueFi

TrueFi is a decentralized protocol for on-chain credit, providing infrastructure for uncollateralized lending. It allows lenders to earn returns while giving borrowers access to capital. The platform is governed by its community through the TRU token.
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Description

TrueFi is a decentralized finance (DeFi) protocol for uncollateralized lending, focused on making credit more accessible, transparent, and programmable by bringing debt infrastructure on-chain. It serves a diverse range of borrowers and portfolio managers across various sectors, including both real-world and crypto-focused institutions, offering them flexible capital without the need for collateral. The platform emphasizes transparency, allowing for real-time tracking of every loan. The protocol is governed by its community through the TRU token, whose holders are responsible for key decisions such as approving new portfolio managers and borrowers, and managing treasury and partnership matters. The platform's technology, including its codebase, protocol specifications, and audits, are available for review on GitHub.