So, @TreehouseFi just dropped the first Ethereum Staking Rate Forward (TESR FRA) in partnership with @FalconXGlobal and somehow people aren’t freaking out enough yet. TL;DR for the non-bond-desk folks: It’s basically TradFi’s favorite boring-but-powerful tool (Forward Rate Agreements) but now in DeFi. Instead of praying ETH staking yields don’t swing on you, you can lock in a future rate (fixed vs floating). Hedge risk, build structured products, sleep at night. Why it matters: •$ETH staking has been steady, but still volatile → FRAs smooth the ride. •Institutions love predictable cash flows. •TESR FRA = the base layer for fixed income in crypto. That’s a $100T+ asset class in TradFi. The kicker? This is literally how entire bond markets were built. First you get a benchmark rate → then derivatives → then liquidity + structured products → then suddenly you’re running a full-blown capital market on-chain. Ethereum = the new Singapore circa 1990s, but permissionless. $TREE...

🌳 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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