TRUE refers to a token associated with the TrueFi platform, which focuses on decentralized finance (DeFi). TrueFi enables users to lend and borrow digital assets without relying on traditional intermediaries like banks. The TRUE token serves multiple purposes within the TrueFi ecosystem. It can be staked by liquidity providers to earn rewards and incentivize participation in the platform. Additionally, it plays a role in governance, allowing holders to vote on key decisions affecting the protocol, such as changes to the lending and borrowing terms or the introduction of new assets.TrueFi aims to offer a transparent and trustless environment for financial transactions, minimizing risks typically associated with centralized finance. By using TRUE tokens, participants contribute to the platform’s growth and efficiency while potentially benefiting from yield farming opportunities.Overall, TRUE is an integral part of the TrueFi platform, facilitating lending, borrowing, and governance while promoting a more inclusive financial model.