TrueFi

• Adapt3r proposes to waive its management fee, enabling the DAO to turn on the fee switch for tfBILL, immediately enabling the DAO to monetize the vast majority of its TVL.
• We expect to receive significant investments into tfBILL over the next 6-9 months and are requesting funding to implement a defined set of requisite improvements to the product to secure these new investments and make the product more attractive for future investors.
• Adapt3r has begun coordinating with Akemona and the Board to completely redesign tfBILL with significantly enhanced user experience, composability, and features that not only attract direct capital but also position future TrueFi products for success.

Adapt3r is requesting a total grant of 12.298M TRU to fund the implementation of the roadmap laid out in the TFIP-22 forum proposal over the next 3 quarters. Of this total, we are requesting 6.0M TRU up front, with the remaining portion streamed over 9 months starting at the end of October.

Functions included in this proposal:

1. Mint TRU to DAO Timelock
2. Transfer TRU to Adapt3r Gnosis Safe
3. Approve TRU for Sablier Stream Creation
4. Create TRU Sablier Stream for Wallfacer

For more detail and discussion, please see [the full proposal](https://forum.truefi.io/t/tfip-22-tfbill-v2-grant-proposal-truefi-fee-switch-the-road-to-100m/1913)