Nuon Leverages TRUF.NETWORK Infrastructure for Secure Inflation Data

Nuon Finance is excited to announce a successful integration of the TRUF.NETWORK infrastructure into our smart contract logic. This integration marks a major step in our mission to deliver a truly secure yield-bearing stablecoin that protects users' wealth from inflation.

TRUF.NETWORK is Nuon's ongoing strategic partner and a cutting-edge provider of real-time, blockchain-secured economic data. By leveraging TRUF.NETWORK's decentralized infrastructure of secure economic data feeds, Nuon can now offer even more secure and reliable yield distribution to our users, en par with the current real-time dollar inflation.

The Ecosystem of TRUF

Last month TRUF.NETWORK unveiled a wider infrastructure for real-time, verified economic data, powering a growing ecosystem of decentralized finance tools such as Nuon.fi, Index.fun, and Truflation.

A shared mission of all TRUF.NETWORK projects is to empower users with data and deliver secure, transparent financial solutions, help preserve their wealth, and protect themselves from economic uncertainty.

Nuon’s x TRUF

Nuon Finance is committed to guarding user wealth in an inflationary world. Our stablecoin generates real yields and distributes them automatically to users' wallets without the need for lockups or staking.

To achieve this, we need access to the most accurate, secure, and real-time inflation metrics available, and that’s where TRUF.NETWORK comes in.

Integrating Truflation’s high-frequency inflation data feed, secured by TRUF.NETWORK’s infrastructure and powered by the TRUF token, enables Nuon to:

• Automate and secure our rebase mechanism, ensuring that users receive accurate daily yields equal to current, real-time USD inflation.
• Eliminate single points of failure and protect against oracle manipulation through decentralized data validation.
• Provide full transparency and accessibility to inflation data, supporting better financial decisions for our users.

“Partnering with TRUF.NETWORK is a pivotal step for us,” said Cameron Lee, co-founder of Nuon Finance. “It allows us to maintain a secure and efficient environment, enhance automation, and distribute inflation yields to Nuon holders in the most secure and reliable way.”

About TRUF.Network

TRUF.NETWORK is the world’s first decentralized economic database, designed to power trust and transparency in financial markets. From synthetic asset pricing to real-world asset tokenization, TRUF delivers tamper-proof data streams to the heart of on-chain finance.

About Nuon

Nuon is a non-custodial, yield-bearing stablecoin backed by yield-generating assets and tokenized RWAs, powered by decentralized asset management. It provides easy and safe access to DeFi yields while keeping users in control of their assets and protected from economic and protocol risks.