Truflation Launches TRUF Token on Global Exchanges, Democratizing Finance and On-Chain Data Access
The Truflation team is proud to announce official launch of the Truflation Stream Network, powered by its native token TRUF available on premier global exchanges MEXC, Gate.io, and KuCoin, marking a significant milestone in the mission to democratize finance and provide accessible on-chain financial and economic data.
The TRUF token serves as the economic foundation for Truflation's ecosystem, including the Truflation Stream Network (TSN), designed to integrate real-time economic data into decentralized finance applications. As an ERC20 token on the Ethereum blockchain, TRUF facilitates data provider node operation, data provision, data consumption, and governance. Token holders can actively participate in governance by staking and locking their tokens for designated periods.
Truflation CEO, Stefan Rust, expressed gratitude to investors, supporters, and the community, acknowledging their pivotal role in achieving this milestone. Rust stated, "our team's tireless efforts have led to this moment, and we're just getting started. We look forward to further milestones in the weeks and months ahead."
We extend our gratitude to a vibrant group of early supporters who have passionately advocated for Truflation. Through tweets, discussions on podcasts, and leveraging our data for building applications, these pioneers have been pivotal to our visibility and success. We acknowledge the early adopters and contributors to the protocol, and as a gesture of our appreciation for their patience and loyalty, the first airdrop is dedicated to those early protocol development contributors.
This launch heralds a new era in economic data provision and represents a significant step towards achieving Truflation's vision of verifiable economic truth. Stay tuned for further developments as we continue to shape the future of finance.
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About Truflation
Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of Real World Assets through its independent, transparent, and real-time financial data. With a comprehensive index tracking over 13 million items, Truflation offers censorship-resistant data infrastructure (Truflation Stream Network), fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps) such as DEXs to unlock boundless markets. From predicting orange juice and uranium prices, to facilitating BTC-denominated oil, gas, and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape.
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