Data: Suspected DWF Labs address received 7.5 million TRU distributed by TrueFi project team.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, a suspected DWF Labs address received 7.5 million TRU distributed by the TrueFi project team 13 hours ago. According to the previous proposal, it was decided that DWF Labs would act as the market maker for TrueFi.

According to the proposal, DWF Labs' market-making period is 24 months, with DWF providing an annual interest rate of 3%, paid every four weeks in stablecoins (USDT/USDC), with a market-making target of a 35 basis point bid-ask spread.