π³ A Milestone for DeFi Fixed Income
DeFi just got its first benchmark-anchored fixed rate market.
Curated by @kpk_io, the new ETH markets on @eulerfinance set borrow rates each cycle from TESR, Treehouse's on-chain benchmark for staking yields. π§΅π
https://t.co/sSiRd4r0rD
1/ Predictable pricing is what lets capital lend and borrow at scale. Onchain ETH credit has rarely had it.
KPK ETH Yield Term, live on @eulerfinance, brings a fixed, benchmark-set rate to ETH lending.
π³ DeFi just got its FIRST real fixed-rate ETH borrowing market.
No more random rate spikes ruining your borrows.
@kpk_io just dropped the ETH Yield Term on @eulerfinance.
Rates now locked monthly 2.31% and anchored straight to @TreehouseFi TESR benchmark (our DOR magic β¨)
A benchmark only matters when the market builds on it. π³
Decentralized Offered Rates (DOR) have gone from framework to a reference rate that real fixed income products now price against.
More below. π§΅π
4οΈβ£ The Goal: A Full Fixed Income Stack
Fixed-rate lending is the start.
The same benchmarks can support hedging, structured yield, and rate instruments: the building blocks of fixed income, now possible onchain.
Explore the benchmarks:
https://t.co/4eYjmUfZ9q
π³ Treehouse's goal isn't just to win crypto fixed income.
It's to become the benchmark infrastructure powering fixed income, both on-chain and off-chain.
@mytwogweis talks about what DOR is built for on @JackNiewold's podcast.
π³ How DOR Actually Sets a Rate
A benchmark is only as good as the process behind it.
DOR's rates aren't set by one party.
They're formed through a consensus mechanism backed by real economic stake.
Read on. π§΅π
5οΈβ£ Real Yield for Securing the Benchmark
Rewards are released daily from a 300K $TREE monthly budget.
By backing panelists, stakers help secure the rates underpinning DeFi's interest rate markets, and earn for it.
Start staking: https://t.co/xsqVsoYk3U
tHYPE 1pager.
Treehouse's fixed-income layer for $HYPE: users deposit HYPE, WHYPE, or kHYPE to mint tHYPE, with Market Efficiency Yield layered on staking rewards.
Hyperliquid and HyperEVM context. @TreehouseFi