ETH staking just entered a new era
@TreehouseFi and @FalconXGlobal launched TESR FRA, the first crypto instrument to hedge Ethereum staking rates.
Now you can lock in yields, smooth out volatility, or take a view on future moves.
This brings core TradFi tools like Forward Rate Agreements and Interest Rate Swaps on-chain.
Fixed income is the largest asset class in traditional finance, and it is finally arriving in DeFi.
Institutions including August, Edge Capital, MEV Capital and RockawayX are already trading.
For those bullish on digital asset fixed income, the expression is $TREE.
🌳 A Major Milestone in DOR Adoption
@FalconXGlobal has executed the first tradable Ethereum Staking Rate Forwards (FRAs) referencing TESR, the benchmark staking rate published by Treehouse.
Institutional participants include Edge Capital, Monarq, Mirana & more.
Read on. 🧵👇
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