Posted 3/25/2024, 4:59:00 PM
TrueFi Launches New Lending Platform Trinity Offering Up to 15% Yields Amid Renewed Crypto Bull Market
- TrueFi unveils new lending platform called Trinity that lets users borrow TRI tokens by depositing tfBILL tokens as collateral
- Investors can earn up to 15% yield by borrowing TRI tokens and using them in DeFi strategies
- TRI holders can stake tokens to earn yield from borrowing fees
- Launch comes amid renewed growth in DeFi activity and demand for leverage in crypto bull market
- TrueFi previously originated over $1.5B in crypto loans, but sector crashed in 2022; new platform tries to rebuild