Creating a Line of Credit (tutorial)
To create a TrueFi Line of Credit, follow the process below:
Connect your wallet and click "Sign In with Ethereum". When prompted, verify and sign the message to log in.
Make sure this address has been whitelisted by TrueFi governance. Only whitelisted addresses are able to deploy a line of credit at the final step.
Deployment Network: choose between deployment on Ethereum or Optimism
Underlying Asset: select ERC-20 borrow/lend asset
Deposit Controller:
Lender Restrictions: borrower sets KYC/KYB policy to one of following
All lenders allowed
TrustLabs-managed KYC whitelist
: delegate KYC onboarding to Archblock/TrustLabs)Custom whitelist
: borrower manages own whitelist
Withdraw Controller: for Line of Credit, select
Default
Transfer Restrictions: borrower sets policy for whether lenders can transfer LP token
All transfers allowed
No transfers allowed
Configure interest rate curve Borrower defines parameters of interest rate curve w/ up to two kinks.
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