"Farming" TRU tokens
Lenders may have the opportunity to receive additional incentive TRU tokens on top of lending yields by "farming TRU". Read more below to
Lenders do not need to take any additional actions to receive TRU rewards. For the portfolios listed above, a user who lends to the portfolio receives TRU rewards at the maturity of the portfolio.
Under the current TrueFi incentives framework, portfolios receive TRU incentives based upon the portfolio’s 7 day avg. total loan value outstanding ("TVO"), as follows:
For a simple example of how TRU rewards work in this framework, consider a portfolio that contains $10M USDC in principal and currently has $7M in loans outstanding. Such a portfolio would receive 4,000 TRU/day in TRU rewards, distributed proportionally to lenders. A lender that has provided $1M, or 10% of the portfolio's principal, would accrue 400 TRU rewards each day.