coinTRUMATIC #884

TruFin Staked MATIC

0.20538414998USD+1.23%+1.23%As of: Apr 19, 10:49 UTC

Key Statistics

See All

TruFin Staked MATIC Converter

TRUMATIC
=
USD

About TruFin Staked MATIC

The TruFin Protocol builds institutional-grade Web3 primitives, that can be used as the foundational building blocks for complex digital asset strategies to reduce risk, generate rewards, securely on-chain. TruFin’s first product, TruStake, is a MATIC staking vault which provides access to MATIC staking on the Ethereum network. TruMATIC is the liquid staking token users receive when they deposit MATIC into the TruStake vault. It is an ERC-20 token like MATIC and has all the same basic functionality. As soon as a user deposits MATIC on the TruStake smart contract, they receive newly minted TruMATIC, based on the exchange rate at the time of staking. As MATIC staking rewards accrue, the value of TruMATIC increases (with reference to MATIC). - Users have have the ability to stake their MATIC through TruFin’s [dApp]( - When a user stakes with TruFin, they will mint a new liquid token — TruMATIC. - Rewards are restaked automatically, giving an uplift in APY from the compounding effect. The TruMATIC liquid token is self-custodied, meaning holders have complete control over their TruMATIC at all times, with a broad set of possibilities: - **Target ~5%+ APY:** TruMATIC will deliver optimised staking rewards on the staked MATIC. Auto-restaking means your APY rides on the power of compounding. - **DeFi Interoperability:** TruMATIC’s token design ensures seamless integration with a myriad of DeFi protocols — from DEXs to lending/borrowing protocols to yield optimizers. - **Liquidity Pools:** Get ready for MATIC<>TruMATIC liquidity pools on leading DEXs, enabling a smooth liquidity provision for users seeking to exit their TruMATIC positions.
See More

Price Performance

1D
1.23%
7D
2.54%
30D
-11.88%
YTD
N/A
N/A
1Y
-70.68%
Key Statistics
24H Range
Low$0.2045319336High$0.20879301555
24h Volume
3.5K
Market Cap
27.6M
Circulating Supply
134.4M
Total Supply
134.4M
Rank
884
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
324.084
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.00
See All
Largest Contentful Paint