👀 A friend complained to me yesterday:

"I just wanted to quietly save some ETH, but now I'm studying interest rate curves every day, feeling like I'm in a Federal Reserve meeting."

He originally just wanted a stable place to deposit ETH, but I pulled him to try Treehouse's tETH.

At first, he didn't believe it until he discovered:

• Deposit ETH = automatically becomes LST yield + additional arbitrage income (MEY)

• Withdraw ETH = redeem anytime, as flexible as wealth management

Then he suddenly realized that the yield was actually much higher than his own staking, and only then did he realize: this thing is not just "saving coins," but "on-chain fixed income products."

While playing, he opened DOR (decentralized quoted interest rate).

I saw a bunch of people submitting "predicted interest rate curves" like financial analysts, and the system calculates an on-chain TESR (Ethereum staking rate benchmark).

• Guess correctly = earn rewards

• Guess wrong = penalty

So, his daily routine changed from "scrolling through Moments" to "studying on-chain interest rate trends," turning into a real "decentralized Federal Reserve member."

"It turns out DeFi is not just about making quick money; some people are really building interest rate infrastructure.

If this works out, all borrowing, derivatives, and stablecoins will have to look at the interest rates given by Treehouse.

I was stunned after listening:

This guy was just a retail investor who only knew how to buy spot two months ago, and now he's actually explaining alternatives to SOFR / LIBOR to me.

💡 Inspiration

• Want to "earn passively"? Deposit ETH → exchange for tETH, the yield is higher than staking.

• Want to "stir things up"? Study DOR and treat interest rate forecasting as a new game on the chain.

• Want to "farm rewards"? Don't forget about referrals, points, and airdrops to earn TREE rewards for free.

🚨 Last friendly reminder

• TREE tokens just launched on Binance / Coinbase / Upbit, extremely volatile, don't go all in.

• Fixed income ≠ risk-free, the treasury also needs to check if the underlying protocol is stable.

✍️ Easter egg

My friend's current signature is:

"BTC is crypto gold, Treehouse is the crypto Federal Reserve."

— Isn't it a bit pretentious, but it actually sounds quite credible.

@Treehouse Official #Treehouse $TREE