[Proposal] Approve Cauris Finance as portfolio manager and add new TRU incentives

This proposal appears on TrueFi 's forum and is posted on behalf of Cauris Finance.

Summary

1. Approve Cauris Finance wallet 0x0D670Fb8c5d8B76E61431329DC19 270D1e40d60C as a portfolio manager on TrueFi
2. Feature the first Cauris portfolio on the TrueFi Lending Marketplace as an independent portfolio manager
3. Add lender incentives of 10% in form of TRU to provide an expected gross lender return of 18%. Incentives for lenders will begin at portfolio launch and run through the portfolio’s close after the 6 month term.

Details on TRU incentives

We propose capping the amount of TRU incentives allocated to this pool at 625,000 TRU. With this, lenders can be confident they’ll earn the full 10% boost as long as TRU price stays above $0.16 and the portfolio doesn’t grow beyond a $2mm cap, which we’ve discussed being the possible alternative cap after launching the portfolio at $2mm. Incentives will be paid to lenders after the close of the portfolio using the average TRU price on the final day of the portfolio term to determine the number of TRU rewarded.

If approved, changes will go into effect once the portfolio is launched on the TrueFi Lending Marketplace.