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TrueFi · closed proposal
[Proposal] Growing Borrower Activity with TRU Incentives
0xFAeF…8469·ended 5y ago
Voters
17
TRU voted
20.25M
Token price
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Voting results
FOR20.16M (99.6%)
AGAINST85.14K (0.4%)
20.25M TRU · 17 votersblock 12428265
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · TrueFi
Original authors(s): RDharia Forum Proposal (Detail): https://forum.truefi.io/t/proposal-growing-borrower-activity-with-tru-incentives/542
Background: Though TrueFi has recently hit the $100m loans originated milestone, the rate of growth for new loans has slowed. It’s clear from borrower conversations that demand for new loans has reduced proportionally to the rise in interest rates.
As borrower activity is key to TrueFi’s short term (APYs) and long term (defensive moat) health, this proposal aims to incentivize new borrower applications and make our loans more attractive to existing borro…
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