Treehouse and Euler launch the first fixed interest rate lending market anchored on-chain benchmark rate TESR

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Mars Finance News, June 4th, Treehouse announced that its on-chain benchmark rate TESR (Treehouse Ethereum Staking Rate) has integrated with Euler, launching the first fixed interest rate lending market anchored to a benchmark rate in DeFi. Users can use tETH or wstETH as collateral to borrow WETH, with the borrowing rate locked at the start of each monthly cycle based on the TESR 30-day consensus rate and remaining unchanged throughout the cycle, thereby eliminating the uncertainty caused by lending rate fluctuations. The initial markets launched include tETH/WETH and wstETH/WETH. These markets are professionally managed and risk-controlled by DeFi treasury management firm KPK to provide institutional-level security and liquidity. Treehouse stated that this move offers DeFi users a new fixed interest rate lending option, potentially reducing the risk of lending cost volatility and further promoting the development of on-chain interest rate markets.
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