TrueFi Loan Application - Professional DeFi Arbitrage System
Loan Request Summary
Requested Amount: $20,800 USD equivalent in WETH (8.26 WETH at current market rates)
Purpose: Merchant arbitrage with automated profit extraction
Repayment Timeline: 24 hours maximum
Yield Offering: $3,000 standard / $3,500 if completed by June 3rd, 2025 at 3:00 PM Mountain Time
Verified Technical Demonstration
Primary Demonstration Transaction:
Transaction Hash: 0xc944c45bc3fb24585bd54e587eeab125d9430411550750a99e12711a87d30ded
Block Number: 8461155
REMIT Wallet: 0xde39e26c40e982722cf605bd6f6acd0e93b2d112
Verification Link:
Demo Wallet Balance: Address 0xde39e26c40e982722cf605bd6f6acd0e93b2d112 | Etherscan
Additional Technical Transactions:
- Contract Deployment: 0x179710b88dc50cb91ade8960710cbb5b4063c778a3b1201722ffe36181d538b7
- System Verification: 0x23d454070f762d013bf8cd5d3ec367d9c1d0245f6b1b923f123040ff8815f8be
Risk Management & Automation
Minimal Risk Profile
This loan request presents exceptionally low risk to TrueFi delegators due to automated safeguards:
- Profit-First Protection: I only receive profits AFTER the loan is fully repaid to delegators
- Automatic Reversion: If REMIT balance payment fails, Gelato automation reverts the entire transaction
- Self-Executing Security: The system cannot complete without satisfying loan obligations first
- No Manual Intervention Required: Delegators need minimal involvement - automation handles all loan management
Technical Infrastructure
- Automated Monitoring: Gelato network integration for 15-minute profit checks with automatic reversion capability
- Smart Contract Security: Professional development using OpenZeppelin standards with fail-safe mechanisms
- Trusted Execution: Automation plays the key role in keeping the loan within stated confines and timeline
- Real-time Tracking: Complete transaction transparency via blockchain verification
Community Trust & Security Assurance
Why This Request is Trustworthy
- Automation-First Design: The system’s automation plays the key role in keeping the loan within stated confines, removing human error and manipulation risks
- Delegator-Protected Structure: Loan repayment is prioritized before any profit distribution, ensuring delegator security
- Minimal Delegator Burden: This request requires minimal ongoing involvement from loan delegators - automation handles all aspects
- Proven Track Record: Working testnet demonstrations provide verifiable proof of concept execution
Settlement Timeline Reality
- Expedited Completion Expected: Most likely to be paid back well before the 24-hour maximum, depending on when merchant agreements can be settled
- Automated Monitoring: 15-minute checks ensure immediate detection and processing of profit opportunities
- Fail-Safe Mechanisms: If any step fails, the entire transaction reverts automatically, protecting all parties
Negotiable Terms
- Flexible Yield Structure: Yield amounts back to loan delegators are somewhat negotiable based on community preferences
- Timeline Adaptability: Can accommodate different delegator requirements while maintaining security protocols
- Transparent Communication: Open to community discussion and terms adjustment within reasonable parameters
Contact Information
Primary Wallet: 0xf0096F0F1670E69cb10F5Ced67Bcf1b735b79288
Backup Wallet: 0x806e44aC5c294688F9dE0BC0114E11e2aa27e7c3
REMIT Escrow: 0xde39e26c40e982722cf605bd6f6acd0e93b2d112
Conclusion
This application represents a unique opportunity for TrueFi to support a technically proven, low-risk arbitrage system with demonstrated functionality. The automated reversion capability ensures that if the REMIT balance payment fails, the entire transaction is reversed, providing maximum protection for delegators while requiring minimal involvement from them.
Ready for immediate deployment upon approval with full technical documentation available for community review.
Regards,
Shannon Clem (Developer)