TrueFi (TRU), an ERC-20 token on Ethereum, is a governance and utility token for the TrueFi platform. TRU holders can participate in governance decisions, stake tokens to earn rewards and influence interest rates. TrueFi is a DeFi platform that offers uncollateralized loans based on borrower trustworthiness, bringing credit scores to blockchain. This unique approach allows loans without collateral. TRU was founded by Rafael Cosman, also the CEO and Co-Founder at TrustToken, the company behind TrueFi.
