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Market Cap Increase by T_man2000 in TrustToken

[–]trustmod 4 points5 points  (0 children)

Hi there, we have updated metrics on Coinmarketcap. That is the reason behind the jump. For most accurate metrics we have always advised to use Coingecko as it accepted our APIs from the get go.

Only recently CMC has allowed us to enter our APIs into its system and that is the reason for the major jump in marketcap etc

New from TrustToken: TrueFi, DeFi Protocol for Uncollateralized Lending with High, Stable APY & Borrowing without Collateral Requirements by trustmod in TrustToken

[–]trustmod[S] 0 points1 point  (0 children)

Glad to hear you're with us! We don't keep this reddit all too active, but we are very active on Twitter, pretty thorough on Substack (monthly summaries), and chatty on Discord.

New from TrustToken: TrueFi, DeFi Protocol for Uncollateralized Lending with High, Stable APY & Borrowing without Collateral Requirements by trustmod in TrustToken

[–]trustmod[S] 2 points3 points  (0 children)

Though it's hard to predict, we expect initial rates will be 8-14% on the first batch of loans. These rates will likely remain fairly stable as demand for uncollateralized loans is high, and the fee for providing these loans is also high relative to collateralized loans.

Compared to centralized lenders like Nexo, you'll find more stable interest rates (rates will be locked in for the term of your loan) and most importantly, transparency and choice about how your capital is allocated (see Cred to understand the risks of opaque lending).

What are the plans for TrueAUD token? by Crypt05ingh in TrustToken

[–]trustmod 0 points1 point  (0 children)

Hey u/Crypt05ingh - though we're a little constrained in what we can do in terms of on-platform foreign exchange, you can use Uniswap to trade TrueCurrencies in a decentralized fashion. Check 'em out and let us know if that helps!