Treehouse's DOR - The LIBOR of DeFi
Treehouse's DOR (Decentralized Overdraft Rate System) is known as the 'LIBOR of DeFi'. It addresses the issue of decentralized interest rates in DeFi. By aggregating data from leading protocols, DOR generates transparent benchmarks for staking, lending, and re-staking, providing support for derivative pricing.
In traditional finance, LIBOR is one of the most important interest rate benchmarks globally. In the DeFi space, DOR plays a similar role. It provides a unified interest rate standard for the DeFi market, enabling investors to better manage risks and make investment decisions.
Currently, DOR covers scenarios of staking, lending, and re-staking, becoming a comprehensive decentralized interest rate system for the industry. As the DeFi market continues to develop, the application scope of DOR will also expand, and it is expected to become an important infrastructure in the DeFi industry.
