Token Symbol: TRU3S

Brief:

TrueFi (TRU) is a DeFi capital market for crypto-native and real world credit. TrueFi connects lenders with unique earning opportunities presented by borrowers and expert portfolio managers. TRU is the native token of the project. 

TRU3S is a leveraged token that goes short on TRU with 3x leverage, which means that for every decrease in the price of TRU in the market, the leveraged TRU token seeks a 3x increase in its price. TRU3S is required to maintain its target leverage and does so through dynamic rebalancing to gain a net value increase by 3% when the price of TRU falls 1%.

Due to such rebalancing and investment costs,TRU3S may suffer a net value loss when the market fluctuates. Please note, AscendEX’s leveraged tokens are not suitable for long-term investment. Investors must be cautious while investing in leveraged tokens and manage their investment risks in a timely manner.

Official Website：https://truefi.io/
Whitepaper：https://blog.truefi.io/tagged/defi

Risk Disclosure:

Leveraged tokens differ from regular tokens for spot trading in that there is higher risk and volatility, which could bring about great returns or losses in a single day. Please learn more about leveraged tokens in our help center before making an investment.