TrueFi 的 Trinity 協議：鏈上 RWA 借貸的潛在遊戲規則改變者

Can TrueFi's Trinity Protocol Unlock RWA Potential?

TrueFi 的 Trinity 協議能否釋放 RWA 潛力？

Decentralized credit protocol TrueFi has launched the Trinity protocol to enhance the capital efficiency of on-chain real-world assets (RWAs). By introducing the dollar-backed TRI token, Trinity aims to facilitate leverage and risk hedging for users.

去中心化信用協議TrueFi推出Trinity協議，以提高鏈上現實世界資產（RWA）的資本效率。透過推出美元支援的 TRI 代幣，Trinity 旨在促進用戶的槓桿和風險對沖。

Collateralized TRI: A Path to Increased Leverage

抵押 TRI：提高槓桿率的途徑

The initial collateral asset backing TRI is the interest-bearing tfBILL, a tokenized short-term U.S. Treasury bill. However, TrueFi plans to expand the collateral base to include other pools, RWAs from external protocols, and crypto-native assets.

支持 TRI 的初始抵押資產是計息 tfBILL，一種代幣化的短期美國國庫券。然而，TrueFi 計劃擴大抵押品基礎，以包括其他池、來自外部協議的 RWA 以及加密原生資產。

Users can mint TRI using tfBILL or other assets as collateral on Trinity. They can then swap TRI for a stablecoin on an automated market maker (AMM). By repeating this process through a smart contract known as a "vessel," users can borrow up to 92% of the loan-to-value (LTV) ratio in TRI. This leverage strategy can yield a net return of 15-20%.

使用者可以使用 tfBILL 或其他資產作為 Trinity 上的抵押品來鑄造 TRI。然後他們可以在自動做市商（AMM）上將 TRI 兌換成穩定幣。透過稱為「容器」的智慧合約重複此過程，用戶可以藉入 TRI 中高達 92% 的貸款價值 (LTV) 比率。這種槓桿策略可以產生 15-20% 的淨回報。

Alternative Yield Strategies with TRI

TRI 的替代產量策略

Instead of leveraging, users can also swap stablecoins for TRI and stake it in the sTRI vault. This strategy generates fees and yields comparable to or higher than T-bill rates. Additionally, TRI can be traded on secondary markets, providing liquidity and price discovery.

除了槓桿之外，用戶還可以將穩定幣換成 TRI 並將其存入 sTRI 金庫。此策略產生的費用和收益相當於或高於國庫券利率。此外，TRI 可以在二級市場上交易，提供流動性和價格發現。

The Trinity Advantage: Efficiency and Versatility

三位一體的優勢：效率與多功能性

Trinity offers several advantages over traditional lending protocols. By leveraging collateral assets, it increases capital efficiency and enables higher leverage. The use of dollar-based TRI facilitates the integration of RWAs into DeFi, broadening the scope of decentralized finance.

與傳統借貸協議相比，Trinity 具有多種優勢。透過利用抵押資產，它可以提高資本效率並實現更高的槓桿率。以美元為基礎的 TRI 的使用促進了 RWA 與 DeFi 的整合，擴大了去中心化金融的範圍。

Questions for Consideration:

供考慮的問題：

• Can Trinity revolutionize the on-chain RWA market?
• Will the combination of collateralized TRI and smart contracts unlock new yield opportunities?
• How will the addition of RWAs and crypto-native assets expand the Trinity ecosystem?

Trinity 能否徹底改變鏈上 RWA 市場？抵押 TRI 和智能合約的結合會釋放新的收益機會嗎？RWA 和加密原生資產的加入將如何擴展 Trinity 生態系統？