🧧Underlying Logic: The Birth of the Decentralized Interest Rate Benchmark
The interest rate benchmarks of traditional finance are held in the hands of centralized institutions, leaving room for manipulation. However, Treehouse has constructed the framework for a Decentralized Offered Rate (DOR) using smart contracts: multiple nodes upload interest rate data in real-time, algorithms automatically verify and remove outliers, and the final result is recorded on-chain as proof. The entire process eliminates the possibility of behind-the-scenes manipulation, making the data traceable from generation to storage, finally providing the crypto market with a reliable interest rate measurement.
