How TRU TrueFi Lending Pool Tokens Are Priced
Rancakmedia.com – Initially priced at 1:1 against lendable assets before any loan is executed by TrueFi's TUSD Lending Pool, the implicit value of the tfTUSD token increases with the yield created by the lending pool.
All future lenders to the TrueFi pool will always derive the present value of all pool holdings in the lendable assets and loan tokens, in return for the initial value of the lendable assets transferred to the Borrowing Base.
Historically, the value of tfTUSD has historically grown, but this rate may decrease in the event of a default on certain loan pools.
Exchange Loan Tokens: Holders of tfTUSD, tfUSDC or tfUSDT can exit their holdings directly to their respective underlying assets (via Liquid Exit) or to a proportionate share of pool assets via the UI application TrueFi – anytime, with very little slippage.
TRU TrueFi Governance Token
Staking is the process of locking the TRU in the TrueFi protocol to secure the security of the lender in the protocol, and is a prerequisite for voting yes/no on incoming loan offers.
In the case of loan default, stakeholders may lose up to 10 percent of the TRU invested to compensate affected lenders.
To bear this risk and obligation, TrueFi Pool lending stakeholders are given additional TRU incentives and get a portion of the first loan fee collected from the borrower.
Those claiming TRU on the protocol in TrueFi V1 are prohibited from participating in TrueFi governance (i.e. Snapshot or voice on-chain). To participate in the governance vote on TrueFi, TRU holders must stake their tokens or leave them unshuffled on V1.
Launched in V2, stkTRU aims to address this conundrum and promote the use of TRUs, by enabling stakeholders to simultaneously stake TRUs for rewards and fully participate in TrueFi governance.
How is TRU's TrueFi Lending Pool used?
lending Pool TrueFi V2, when TRU is staked on TrueFi, shareholders get stkTRU in exchange, which can be used to vote on individual loan proposals and participate in all TrueFi governance activities all while the TRU staked continues to be rewarded and offers guarantees for loans made owed.
stkTRU can even be delegated to a wallet of your choice (even your own), if you choose to offer your voting rights to fellow members of the TrueFi community who you think best represent your interests.
TrueFi Token Price Predictions
Find out how about TrueFI token price prediction, see in the following article.
Conclusion:
Staking is the process of locking the TRU in the TrueFi protocol to secure the security of the lender in the protocol, and is a prerequisite for voting yes/no on incoming loan offers.
Holders of tfTUSD, TFUSDC or TFUSDT can exit their holdings directly into their respective underlying assets (via Liquid Exit) – with very little slippage.
In TrueFi V2, when TRU is staked on TrueFi, shareholders get stkTRU in return, which can be used to vote on individual loan proposals and participate in all TrueFi governance activities.
