On-chain interest rates are too chaotic? What to do, difficult to handle? Boom💥 (draws gun) Treehouse has set the rules for DeFi!
In the DeFi world, the differences in borrowing and lending rates across different platforms are huge, lacking a unified standard, making it difficult to price products and providing no guarantees for financial management.
🌱 Treehouse launches DOR (Decentralized Over-the-Counter Rate), referencing the traditional financial LIBOR, with multiple institutions participating in pricing and reaching consensus on-chain, creating a credible, transparent, and traceable on-chain interest rate benchmark.
By using data and algorithms to unify interest rates across platforms, and implementing community governance over tokens, it creates value for projects.
It will become the underlying interest rate for on-chain stablecoins, structured financial products, and derivatives, driving DeFi's evolution towards professional finance.
This is the transformation that $TREE brings to web3's DeFi finance #TreeHause h@Treehouse Official
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