Recently, @Treehouse Official mentioned in a tweet that tAssets Phase 2 will officially launch, bringing two major highlights: real-time DOR rates and the FRA market. This marks an epoch-making change for professional investors.

First, the significance of real-time DOR rates lies in transparency. In the past, on-chain interest rates resembled a fragmented puzzle, where users could only see scattered values from a few protocols, making it difficult to obtain a global perspective.

The DOR offered by #Treehouse will aggregate on-chain data in real-time, generating an interest rate curve. Whether users are depositing, borrowing, or engaging in derivatives, they will have a clear market reference.

Secondly, FRA (Forward Rate Agreement) is an institutional-level financial instrument. It allows traders to lock in interest rates for a future period based on the DOR.

For example, if you believe that interest rates will rise in the next three months, you can position yourself ahead of time through an FRA. This not only provides hedging tools for institutions but will also attract more professional funds into DeFi.

Behind these innovations, the driving force still comes from $TREE. As the core of governance and incentives, $TREE not only ensures the decentralized operation of the protocol but also allows users to earn additional returns through participation. As more assets and functions go live, the use cases for the token will further expand.

Thus, this Q3 upgrade is not just about adding functions; it marks a key step for Treehouse from being an 'experimental protocol' to becoming 'on-chain financial infrastructure'.