tAsset: Real Returns Beyond the Risk-Free Rate
@Treehouse Official #Treehouse
In the DeFi ecosystem, liquidity staking tokens (LST) have become mainstream, but most only reflect staking yields and lack further appreciation potential. The #tAsset proposed by #Treehouse is different; it integrates the dispersed ETH or LST rates across various protocols through interest rate arbitrage, ultimately generating real returns higher than the 'risk-free rate'.
tAsset can not only circulate within the protocol but also be used for lending, collateralization, and other DeFi scenarios, further enhancing the liquidity and usability of assets. This design allows holders to enjoy a dual advantage: they can obtain stable benchmark staking yields while also capturing additional returns from market rate differentials. In other words, tAsset upgrades 'passive staking' to 'active gains', opening a new chapter in the DeFi fixed income market.
