$TRU #هذه Coin is growing in the shadows at a steady pace#Binance #Square # Stay tuned for the coin to rise in the coming days#

It is a protocol for creating interest-bearing pools with a high annual interest rate for liquidity providers. TrueFi includes utility and reward mechanisms using the TrueFi (TRU) coin and rewards participants for maintaining high and stable APR rates.

TRU is a digital currency of the TrueFi protocol and is used to vote on who is a reliable borrower in the prediction market.

TRU gives its holder the ability to rate the credit of third parties. Through the TRU credit rating, a permissionless credit system can be built that works only through incentives. TRU holders have partial ownership in building a new credit system.

TruFi is also a DeFi platform that provides decentralized (direct) lending services using the project's own TrueFi stablecoin TUSD. The scheme works as follows:

A user buys TRU tokens and issues a stablecoin to become a lender. The lender places the token in a TrueFi lending pool. The lender creates an offer with the terms for a loan (interest, maturity date, amount)

The smart contract accepts or rejects this offer. If accepted, the offer is executed and the lender receives a loan.