. @TreehouseFi What is finance?
Treehouse is building infrastructure to enable fixed income to grow in DeFi. The traditional finance fixed income market is approximately $600 trillion in size.
Key Products
1. Deposit ETH or stETH → Receive $tETH
- Higher APY than existing LSTs
- Collateral utilization possible
- Contributes to the integration of the ETH interest rate market
2. DOR (Decentralized Offered Rates)
- Decentralized interest rate benchmark system
- Representative indicator: TESR (Ethereum staking benchmark interest rate)
- Manipulation prevention based on panelist consensus
3. Three sources of income:
- Ethereum staking rewards
- Interest rate arbitrage strategy profits
- Point incentives
Strengths of Treehouse
Triple income structure: Staking rewards + Interest arbitrage + Point rewards
Foundation for developing DeFi financial products: Supports derivatives, hedging, portfolio benchmarks, etc.
Possibility of introducing portfolio benchmarks
After the launch of $tETH in September 2024, over 30,000 user wallets + over 120,000 ETH deposited
Secured investments from major VCs like Binance Labs and Lightspeed
For those who find DeFi difficult, there is the advantage of being managed easily and efficiently, and various missions will be launched in Season 2 soon, so it would be good to keep an eye on it.
Show original
56.08K
11
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.