🌳 New strategies with stablecoins and tETH!

Great news for the Treehouse community! 🚀 A proposal is already active to allow $tETH holders to use it as collateral on Aave to borrow stablecoins like USDC, USDT, USDS, and GHO.

This means:

More utility and flexibility for your tokens.✨

Unlock new strategies to make the most of your assets.🔓

Better capital efficiency, all while you continue earning your sweet yield with tETH! 📈

Since tETH arrived at Aave on June 28, it has already attracted over $129M in deposits, and the demand for access to stablecoins keeps growing!

It's time to do more with your assets without giving up that sweet yield.💰

🌳 tETH x Stablecoins on Aave. The future is already here.

@Treehouse Official #Treehouse $TREE

Disclaimer ⚠️

The information provided in the previous post is for informational and educational purposes only. It should not be construed as financial, investment, legal, or tax advice.🚫

Investments in cryptocurrencies and decentralized finance (DeFi) carry significant risks, including the potential total loss of invested capital.⚠️

Always conduct your own research (DYOR - Do Your Own Research) 🫵🏻