Behind every successful product launch, there is the support of governance processes.
tETH's launch on Aave Core is a typical case of DeFi governance practice.
Initially, Treehouse submitted a proposal to the Aave community, hoping to include $tETH in the collateral whitelist.
This step required clarifying the mechanism, security, and potential market demand of tETH. Community members would discuss in the governance forum, assess risk parameters, and provide feedback.
Next, the proposal entered the formal voting phase. Only when the majority of voters agreed could tETH proceed to the technical execution stage. This process not only ensured transparency but also formed a consensus within the entire community regarding the introduction of the new asset.
Because of this, the final result possesses broad legitimacy and acceptance.
Now, tETH is officially launched on Aave, and users can use it as collateral to borrow stablecoins.
This process showcases the power of DeFi governance: interaction between the project team and the community, voting, and contract execution, with each step being open and transparent, avoiding centralized, arbitrary decisions.
For Treehouse, this is not only an expansion of product functionality but also an enhancement of reputation.
Successfully entering a large ecosystem like Aave means that the market has given preliminary recognition to the safety and feasibility of tETH. This lays a solid foundation for more collaborations and integrations in the future.
