TrueFi
TrueFi is the largest collateral-free lending protocol.
DeFi
no info
TrueFi jobs
Please, come back later <3
organization details
mission
TrueFi is on a mission to empower people by opening access to financial opportunities.
current challenges
TrueFi must advance in four key ways:
- Expand the set and types of borrowers
- Expand the types of loans
- Improve the efficiency of the TrueFi Credit Model
- Progressively decentralize, to put more of these decisions into the hands of TRU holders
culture & values
- Seek Truth
We venture forward with curiosity, awareness, and empathy
- Embody Renaissance Ambition
We continually strive to become our best selves
- Make Good Things Easy
We create habits and systems to help us toward our goals
- Get Stuff Done
We move fast and have a bias for action over perfection
- Slower is Faster
“Weeks of work can save you hours of planning.” Make sure you don't waste the weeks by planning your journey first.
history
Since its launch in November 2020, TrueFi has achieved over $1.1 billion in TVL and over $500 million in loan generation with zero defaults.
TrueFi V2 went live on February 19th, 2021 included three major protocol changes: an improved TRU staking model; an on-platform service for exiting the lending pool, called liquid exit; and the launch of on-chain governance.
The V3 protocol, which went live on May 17th, 2021, introduced the TrueFi credit model and the launch of multi-asset support, starting with USDC.
TrueFi V4 went live on 18th August and launched “SAFU” or Backstop Fund, which aims to further protect lenders against default. V4 also introduced lines of credit functionality and added automatic interest rate pricing for borrowers (a prerequisite to lines of credit).
core team
Rafael Cosman - Co-Founder & CEO
Alex de Lorraine - COO & Sr. Director, Finance
Tom Shields - Chairman of the Board, Chief Strategy Officer
Marek Kirejczyk - CTO
benefits
- Make an impact
We're a lean team that thrives on ownership and empowerment. Your work is seen and felt here every day — in a big way
- No two days are the same
As a growing team, we move fast and embrace change. As new challenges emerge, it’s up to you to take ownership and help solve them
- Build a better financial future
What we’re doing hasn’t been done before. It’s uncharted territory. We learn new things every day and shape the future of financial technology
- People are our secret sauce
We celebrate what makes each of us quirky and unique — and come together as a team. You’ll be pushed to become your best self in, and out, of work
