TrueFi has launched the Trinity protocol to boost the capital efficiency of on-chain real-world assets. The protocol introduces the TRI token, backed by collateral assets, to simplify leverage acquisition and risk hedging. The initial collateral asset supporting TRI is the interest-bearing tfBILL, a tokenized short-term US Treasury bill. Users can mint TRI on Trinity using tfBILL or other assets as collateral, swap it for a stablecoin, and borrow up to 92% of the loan-to-value ratio in TRI. This process can yield a net return of 15-20%. Additionally, users can stake TRI in the sTRI vault to earn fees comparable to T-bill rates. Trinity is currently live on the Optimism Sepolia testnet and will have a $40 million mint cap upon launch. TrueFi plans to introduce Trinity on Coinbase's layer-2 Base network, initially excluding US users for a conservative rollout. Read more AI-generated news on: https://app.chaingpt.org/news