Trustless Fund will launch Beta, lock assets and acquire time value through smart contracts

Trustless Fund, a decentralized asset locking tool, will be launched in Beta. Trustless Fund is an advanced time lock tool that supports Ethereum and ERC-20 assets. Users can use this tool to obtain the “time value” of the asset. According to the official website, the assets currently stored in the Trustless Fund are CHAI, cDAI, cUSDC, and ETH. Among them, CHAI can obtain the savings rate of DAI, and cDAI and cUSDC will obtain the loan income of the Compound platform. Trustless Fund stated that the tool will not charge any fees at present. This is an unmanaged tool. Funds are stored in smart contracts and can be used in gifts, savings, speculation, and passive income earning.