FalconX x Treehouse: A Historic Breakthrough in the DeFi Interest Rate Market "What if you could lock in future ETH staking rates?" This sounds like a tool exclusive to TradFi, but it has truly arrived in DeFi. @FalconXGlobal (the world's largest digital asset prime broker) has partnered with @TreehouseFi to launch the Ethereum staking rate forward contract TESR FRA. This is the first time in DeFi history that the core tools of the traditional finance (TradFi) fixed income market, FRA (Forward Rate Agreement) / IRS (Interest Rate Swap), have been brought into the on-chain world. - - - Why is this important? In traditional finance, fixed income is the largest and most important asset class, and FRA/IRS are tools that institutions use daily. Now, ETH has the same hedging mechanism. ETH staking yields have been volatile: - Increasing number of validators → Yield decreases - High network demand → Yield increases For institutions and funds that need long-term planning, this...
🌳 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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