The old pain point for DeFi players: interest rates look appealing, but when you deposit, they get cut in half? Last year, when I went to play with ETH on Linea for saving and staking, I encountered a situation where the interest rate dropped from 5% to 2.5%. Recently, while playing with stablecoin LPs on the chain, I also faced a situation where the annualized interest rate was advertised as 15% at the time of deposit, but it also got cut in half. For DeFi players, especially those staking ETH, if there were tools to lock in interest rates, 🤔 it would be even easier to earn. —————————————— Now @TreehouseFi has partnered with top global broker @FalconXGlobal to launch TESR FRA (Ethereum Staking Rate Forward Contracts). This is the first time in DeFi history that TradFi's FRA/IRS has been brought on-chain, specifically addressing the "volatile syndrome" of ETH staking, using tools to lock in interest rates for more sustainable earnings! —————————————— How to understand FRA? "The...
🌳 A Major Milestone in DOR Adoption
@FalconXGlobal has executed the first tradable Ethereum Staking Rate Forwards (FRAs) referencing TESR, the benchmark staking rate published by Treehouse.
Institutional participants include Edge Capital, Monarq, Mirana & more.
Read on. 🧵👇
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