Benchmarking Traditional Finance: From 'Full of Loopholes' to 'Seamless Integration'
LIBOR relied on self-reported data from banks, and the fraud scandal became a stain on the industry; SOFR anchors the Treasury repo market, and the concentration of participants leads to insufficient representativeness. Treehouse's tAssets takes a new approach: directly aggregating real-time interest rates from decentralized platforms like Compound and Aave, and standardizing them into a unified asset. Users don't need to switch between platforms to compare rates; they can obtain decentralized returns with one click, completely solving the 'fragmentation' problem of on-chain interest rates.
