TruFin Staked MATIC (TruMATIC) is an ERC-20 liquid staking token obtained by depositing MATIC into the TruStake vault through TruFin's dApp. More
| Fully Diluted Valuation | $51.13M |
|---|---|
| 24H Trading Volume | $376 |
| 24H Low / High | $0.30 / $ 0.32 |
| Circulating Supply | 166.05M |
| Total Supply | 166.05M |
| Max Supply | ∞ |
| Categories | Liquid Staking 3 more |
|---|---|
| Founder | Ryan Hanley |
| Website | immunefi.com Whitepaper 1 more |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Polygonscan 3 more |
| Contracts |
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1 more
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| Name | Pair | OG Score |
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TruFin Protocol is making waves in the decentralized finance (DeFi) arena, introducing institutional-grade Web3 primitives designed to serve as fundamental components for intricate digital asset strategies. At its core, TruFin aims to mitigate risks, enhance rewards, and ensure secure on-chain transactions.
TruStake: MATIC Staking Made Accessible
TruFin's primary product, TruStake, offers users convenient access to MATIC staking on the Ethereum network. Through the TruFin dApp, users can stake their MATIC, initiating participation in decentralized finance without unnecessary complications.
Introducing TruMATIC: The Liquid Staking Token
TruMATIC, a liquid staking token derived from MATIC deposits into the TruStake vault, operates as an ERC-20 token with functionality mirroring MATIC. The token's value increases as MATIC staking rewards accumulate, offering users a tangible representation of their staking activities.
Efficient Staking Experience
Upon MATIC deposit into the TruStake smart contract, users receive TruMATIC tokens based on the prevailing exchange rate. Noteworthy is the automatic restaking of rewards, contributing to a compounding effect that positively impacts the Annual Percentage Yield (APY).
Self-Custodial Control with TruMATIC
TruMATIC distinguishes itself with its self-custodial nature, granting holders complete control over their assets. This characteristic aligns with the decentralized ethos, providing users with a secure and adaptable approach to managing their assets within the DeFi ecosystem.
Looking Ahead with TruFin
TruFin's commitment to innovation is evident in TruMATIC, which stands as a testament to the platform's efforts in providing users with a seamless and rewarding staking experience. The integration of institutional-grade Web3 primitives and the self-custodial control of TruMATIC position TruFin as a noteworthy player in shaping the trajectory of decentralized finance.
In conclusion, TruFin Protocol, through its TruMATIC offering, presents users with an avenue for engaging in MATIC staking with a focus on simplicity and efficiency. As the decentralized finance landscape continues to evolve, TruFin Protocol stands out for its contributions to the ongoing transformation of digital asset management.
TruFin Protocol distinguishes itself by constructing institutional-grade Web3 primitives, providing users with foundational building blocks for advanced digital asset strategies. Its TruMATIC token, generated through MATIC staking on the Ethereum network, offers a self-custodial and automatic restaking mechanism, maximizing rewards through a compounding effect.
Founders of TruFin Protocol is Ryan Hanley.
Backers/investors of TruFin Protocol is unknown.
You can buy TruFin Staked MATIC (TRUMATIC) on Balancer V2 (Polygon) cryptocurrency exchanges.
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