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New Poloniex Listing: TrueFi

Jan 21, 2021 2 min read
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TRU wallets are open and you can deposit TRU into your Poloniex account and trade TRU/USDT. You can also post limit orders for our new TRU market: TRU/BTC. Full trading for TRU/BTC will be enabled later today.

Along with our listing, we’re beginning our TrueFi Trading Competition on January 21st at 14:30 UTC! Check out our campaign overview for more details on how to win from a total prize pool of 60,000 TRU. Prizes will be distributed within two weeks following the end of the TrueFi Trading Competition.

What is TrueFi? TrueFi is a protocol for uncollateralized lending built by TrustToken. TrueFi allows their users to borrow loans denominated in TUSD, stake their TRU to assess the creditworthiness of loans, and lenders to earn on their TUSD while farming TRU. TrueFi believes that uncollateralized lending provides a new opportunity for lenders to earn long-term, competitive returns and they are following the path of progressive decentralization to put control in the hands of their community. TrueFi is powered by TRU, their native token. TRU is listed on Poloniex in our DeFi Innovation Zone. Deposit TRU on Poloniex and start trading.

TRU Stats Price: $0.241124

Market Cap: $35,442,562

Market Cap Rank: #278

24h Trading Volume: $8,015,387

24h Low / 24h High: $0.237360 / $0.277722

All Time High: $0.378425 (November 22, 2020)

All Time Low: $0.108493 (November 26, 2020)

Circulating Supply: 146,988,647 TRU

Interested in TrueFi? Tell your friends and earn 20% on their trading fees.

was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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