Pinned
🌳 A Milestone for DeFi Fixed Income
DeFi just got its first benchmark-anchored fixed rate market.
Curated by @kpk_io, the new ETH markets on @eulerfinance set borrow rates each cycle from TESR, Treehouse's on-chain benchmark for staking yields. 🧵👇
treehouse.finance/blog/tesr-eule…
1/ Predictable pricing is what lets capital lend and borrow at scale. Onchain ETH credit has rarely had it.
KPK ETH Yield Term, live on @eulerfinance, brings a fixed, benchmark-set rate to ETH lending.
