TrueFi (TRU) 101: Revolutionizing Real-World
Zatrun Published at November 04, 2023

In the world of cryptocurrencies, TrueFi (TRU) Coin has emerged as a trailblazer in the realm of real-world and crypto-native lending. This decentralized finance (DeFi) credit protocol is managed by TRU holders, offering complete transparency and uncollateralized lending. TRU Coin serves as the native token of the TrueFi protocol, tailored to meet the ecosystem’s staking and governance needs.

TrueFi Project and Whitepaper

TrueFi aspires to connect liquidity providers with a high-rate advantage. To achieve this, TrueFi operates as an uncollateralized lending protocol on the blockchain, maximizing capital efficiency for borrowers and profit rates for lenders. The platform is governed by TRU holders, providing a trustworthy environment for borrowers and lenders through a credit rating system.

TRU, as a cryptocurrency, also empowers users to earn passive income within the ecosystem. Investors using TRU on the platform can select their risk and return preferences to generate passive income and interest from liquidity pools. The distribution of pool rewards is carried out in TRU, and users can also yield farm with TRU. TrueFi distinguishes itself as the leading credit protocol in DeFi, characterized by maximum transparency, scrutinized borrowers, and community-oriented governance. For a deeper understanding of TrueFi, you can visit their blog and access their whitepaper.

Meet the Creators of TRU Coin

TrueFi was developed by Rafael Cosman, who currently serves as the CEO. The project’s leadership team includes the following members:

  • Alex de Lorraine – Chief Financial Officer (CFO) and COO
  • Tom Shields – Chairman of the Board
  • Marek Kirejczyk – Chief Technology Officer (CTO)
  • Bill Wolf – Chief Investment Officer (CIO)
  • Ryan Christensen – Chief Product Officer (CPO)
  • Diana Bushard – General Counsel

Use Cases of TRU Coin

TRU Coin has a range of use cases, including:

  1. Empowering TRU users to have a say in determining trustworthy borrowers in the prediction market.
  2. Providing TRU holders with the opportunity to engage in credit rating for third parties.
  3. Benefitting from staking returns by staking TRU.
  4. Becoming a TRU user to gain governance rights in TrueFi.
  5. Using TRU to secure TrueFi against defaults.
  6. Conducting trading, buying, selling, and swapping operations on crypto exchanges that list TRU.

What Sets TrueFi Apart?

TrueFi stands out by maximizing capital efficiency for borrowers and profit rates for lenders. It achieves this while operating in a fully transparent, secure, and TRU community-focused environment. Some of the distinct features that set TrueFi apart include:

  • Competitive Yields: TrueFi promises access to some of the highest and most consistent yields in DeFi, thanks to its expanding asset range.
  • Early Withdrawals: By lending assets without waiting for the lockup period to end and without deep exit liquidity, TrueFi hands over ultimate control of assets to the owner.
  • Default Protection: The assets lent are secured by the SAFU fund and TRU stakers.
  • Maximum Transparency: Every dollar lent to scrutinized TrueFi borrowers on the chain can be tracked.
  • Scrutinized Borrowers: TrueFi conducts a comprehensive hiring process for borrowers.
  • TRU-Focused Governance: TRU holders govern the protocol and approve new borrowers, influencing significant treasury and partnership decisions.

Advantages and Disadvantages of TRU Coin

TrueFi, celebrated as one of the leading protocols in DeFi, offers users and investors various advantages and disadvantages:


  • Stable and High Passive Income: TRU users can lock their assets in liquidity pools based on their risk and return criteria to earn stable and high passive income.
  • High Interest Gains: Lenders can maximize their interest earnings.
  • Secure Credit Exchange: Borrower and lender relations are conducted in a secure protocol, protected by the SAFU fund and evaluations by TRU users.
  • Community-Centric Governance: TRU holders have a say in governing the ecosystem, including approving new borrowers and other significant decisions.
  • Ultimate Asset Control: Assets can be lent without a lockup period and deep exit liquidity, giving ultimate control to the owner.
  • High Token Liquidity: TrueFi is listed on major cryptocurrency exchanges, including Binance.


  • Volatile Token Prices: TRU token prices exhibit extreme volatility.
  • Risk of Attacks: TRU can be stored in cold wallets to protect against attacks.
  • Intense Competition: TrueFi competes with other DeFi and credit protocols.

In conclusion, TrueFi (TRU) Coin is a pioneering project in the DeFi space, aiming to provide capital efficiency for borrowers and profit maximization for lenders. To delve deeper into TrueFi and understand its potential, you can explore our comprehensive review on TrueFi Coin offers an innovative approach to lending, creating a transparent, secure, and community-driven environment for users and investors in the cryptocurrency space.

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