What is 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](https://app.trufin.io/).
- 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.
TruFin Staked MATIC vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, TRUMATIC would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of TRUMATIC might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including TRUMATIC.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.