Good news has arrived for those holding ETH.
The tETH of @Treehouse Official has officially launched on Aave Core, and you can now use tETH as collateral to borrow stablecoins like USDC and USDT.
Let's recall the benefits of tETH: converting ETH to tETH not only allows you to earn native Ethereum staking rewards but also automatically arbitrages for market efficiency gains on platforms like Aave and Spark.
For example, if you have 1 tETH, you used to just wait for your daily earnings to arrive; now by staking it on Aave, you can continue to earn double rewards on tETH and also borrow tens of thousands of USDC. This money can be used to buy more tETH for reinvestment or for daily expenses, effectively allowing one asset to earn two benefits.
This is a significant advancement for the @Treehouse Official ecosystem. Previously, tETH had already connected with platforms like Pendle and Compound, and now it has entered Aave, a leading DeFi lending platform, meaning that the use cases for tETH have gained an important piece.