TRU

TrueFi launches first protocol-to-protocol lending portfolio for Perpetual Protocol, powering up to $100m in DEX liquidity

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Time Stamp: February 9, 2022 12:58 AM - Modified On: February 9, 2022 - Published By:
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Republished By Plato

Opening with a $5 million lending ceiling supported by Perpetual Protocol’s investors, the first of its kind protocol-to-protocol lending pool on TrueFi will grant Perpetual’s market makers funds to create deep liquidity San Francisco, California, February 2022 — TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively

TrustToken acquires EthWorks, Doubling Team Size for TrueFi Scale-Up

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Time Stamp: September 22, 2021 9:18 AM - Modified On: September 22, 2021 - Published By:
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Republished By Plato

After recently raising +$12.5 million, the world’s leading collateral-free lending platform is joining forces with a globally recognized team of Web3 engineers and designers. San Francisco, California, September 2021—TrustToken, the team responsible for launching TrueFi, the leading unsecured lending protocol, and maker of popular stablecoins including TrueUSD, announces the acquisition of EthWorks, a leading Web3 development company with a deep portfolio of successful blockchain projects. The acquisition doubles TrustToken’s team size, quadruples the company’s technical talent, and brings in senior technical and design leadership to take TrustToken’s mission to the next level.