I don’t know if any team members will reply to you. I suggest you join the Telegram group, where you can get faster interaction.
On Friday, a DAO member responded in the Telegram group, as followings. I think this response can answer some of your doubts.
‘Hey everyone—wanted to take a moment to address the ongoing concerns and questions in the chat. A lot of what’s being raised is understandable, but we’re also seeing the same points repeated. So here’s a quick summary of where things stand.
Yes, the TRU token price is down. That’s true across the broader altcoin market, not just here. But price action doesn’t reflect the real work happening behind the scenes—and it certainly doesn’t change overnight.
We’ve made real progress:
- Cut unnecessary costs
- Ended third-party service agreements
- Cleaned up legal, ops, and wallet infrastructure
- Streamlined development
- Rebuilding the front end
- Completed new chain integrations for Vaults
- Brought in a dev team (via UseCyan) to push forward with multiple initiatives, plus acquired their tech which should be an immediate revenue contributor
This stuff takes time. It also means past vendors or contributors who were paid in TRU have offboarded—and yes, some are likely selling. We try to offset that where we can, but it’s not always possible. We’re in a period of supply-demand imbalance for the token, and we’re working to reverse that through long-term, sustainable initiatives.
On Elara: the team has split off, is finishing their MVP, and will have more to share soon. I’ve made it clear to them that they need to communicate, and that will be happening. Once Elara spins out and the Foundation receives its token allocation, it will be a significant positive for the balance sheet.
Going forward, we are exploring new revenue streams—but we’re not chasing yield at any cost, nor are we handing out TRU like some other projects are with their tokens. We want to build something durable.
We get that people are frustrated. But let’s be honest—some of the energy in this chat is being spent inefficiently. Coming in with negativity and cycling through the same questions day after day doesn’t move us forward. If you care about the project and want to see it succeed, channel that energy into telling the turnaround story. That’s what we’re doing.
Share the recent blog posts. Highlight what’s actually being built. Help get the word out beyond this chat. The work is happening—on tech, on strategy, on cleanup—and that deserves to be seen. Let’s focus on momentum, not noise.
We’ve all inherited a messy situation, but we’re doing the work to clean it up and build for the long term. Trust is earned, and we know we need to do better on communication—but we also need space to execute.
Thanks to everyone still showing up. If you’re here, help us move things forward.’
Regarding Elara, some of the content may not be completed yet, so it has not been officially announced. But I have obtained information about Elara through some channels. Elara’s website is as follows: https://elara.fi/
The price dump this weekend, I observed the chain situation and combined with the response of DAO members, I knew what happened. I think this is healthy. Maybe the rain makes people uncomfortable, but you can see a beautiful rainbow after the rain.
Regarding the delisting from Binance, my personal opinion is this. Before being delisted by Binance, it needs to be labeled as monitoring. To be labeled as monitoring, two conditions must be met at the same time, high volatility and high risk. It is true that TRU is currently classified as high volatility, and Binance also has a reminder. But I have not seen TRU meet the high-risk delisting clause. You can go to the link below and tell me which delisting clause TRU meets?
https://www.binance.com/en/support/announcement/detail/5efec0c8ac784f74beb742b88fba8f02
I am also an investor, and the above is just my personal opinion and some information I know to share with you.