Operation

Protocol Registration

TrustyFi positions itself as a review platform that offers protocols and platforms of all kinds in the DeFi ecosystem the possibility to register and be recognized with blockchain-verified reviews by their users.

Registration on our platform can occur in two ways: protocols can choose to register themselves on TrustyFi or can be added manually provided that their inclusion has been approved through the platform's governance process.

The governance model of TrustyFi plays a crucial role in ensuring that the addition of new protocols happens in a transparent and democratic

manner. Once a platform has been officially added by the governance, it can claim its account at any time. This feature ensures that platforms have full control over their presence and the information shared on TrustyFi.

With approval, protocols gain access to a customized page within TrustyFi, creating a dedicated space where users can leave their reviews. This space not only acts as a direct communication channel with users but also serves as a powerful marketing tool, improving visibility and perception of the protocol within the DeFi community.

Reviews

Users have the freedom to leave reviews at any time on the various pages of the protocols registered on TrustyFi.

Furthermore, TrustyFi introduces an innovative mechanism for verified reviews: if a platform allows it through a paid plan, users can connect their wallet and leave a verified review. This process not only increases the authenticity of reviews but also offers users an additional motivation in the form of rewards.

The verification of reviews is based on an accurate process where TrustyFi checks the interaction between the user's wallet and the specific contract of the reviewed platform. This ensures that only users who have actually interacted with the protocol can leave a verified review, further elevating the level of reliability and accuracy of reviews on TrustyFi.