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How TrueFi Is Transforming DeFi Zero-Collateral Loans Feb 13 2021 · 11:50 UTC | Updated Feb 13 2021 · 12:13 by Julia Sakovich · 5 min read Photo: Depositphotos You have successfully joined our subscriber list. The final phase of the TrueFi launch should initiate the beginning of a highly functional, cross-chain uncollateralized lending platform, equally able to serve institutions, retain users, and lend to other protocols. Defi took off in 2020 in a major way, with applications such as decentralized exchanges and decentralized lending exploding in popularity. Existing DeFi lending platforms are focused on collateralized lending, an obvious choice for peer-to-peer use, but have not expanded on their lending capabilities. This is where TrueFi comes in, aiming to become the industry standard for blockchain-based uncollateralized lending – like an enterprise-grade credit card. Using the platform’s native cryptocurrency, TRU, and its dollar-ba ....
TrueFi’s Reveals Comprehensive New Roadmap as $50 million TVL Milestone Approaches Reading Time: 5min read The TrueFi protocol has only been around for a couple of months and its arrival is already being felt across the DeFi landscape. Since the beginning of January, the platform has steadily been climbing the rankings chart on DefiPulse, already in the 24th spot after 2 months since launch, moving past long-standing protocols like Cover, bZx, Gnosis and dForce. Another metric that quite clearly showcases TrueFi’s ever-increasing market clout is the fact that since Jan. 1, the platform’s total volume locked (TVL) has increased by over 38%, rising from $29.46 million to just over the $48 million mark (as of February 11). ....