TrueFi (TRU) is a token of reputation, incentive, reward and management of a decentralized finance platform. It is also a protocol for creating interest pools with a high interest rate for liquidity providers.

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TrueFi Community,  I’m Bill Wolf, CIO of Archblock. I’m posting to the TrueFi forum to share an update on the delt.ai (the “Company”) loan in the tfUSDC TrueFi DAO pool (the “Pool”). The current loan to delt.ai has an outstanding principal balance of $5.5MM and $0.2MM of accrued interest; the loan is scheduled to mature today, Saturday, July 8, 2023.  While delt.ai has been performing well across both its payments and corporate credit businesses, the current financial markets backdrop has not be...

Delt.ai Loan due July 8, 2023 : Restructuring Update

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An update on the Portfolio Managed pool loan to delt.ai. If you're a lender to the pool, please read and ask questions where you're confused!
https://forum.truefi.io/t/delt-ai-loan-due-july-8-2023-restructuring-update/1444