We are excited to announce that QCP, a globally renowned digital assets trading firm, has been appointed as the inaugural panelist for the Ethereum Staking Rate (ESR), powered by Treehouse Protocol’s Decentralized Offered Rates (DOR). As a panelist, QCP will play a pivotal role in establishing a benchmark Ethereum Staking Rate by providing interest rate data and forecasts, fostering consensus among an esteemed panel of experts.

As the first panelist to join the Treehouse Protocol, QCP’s involvement is critical in shaping the ESR Curve. This pioneering collaboration aims to derive an accurate and reliable ESR, which serves as a reference benchmark for the industry. QCP’s expertise in the digital assets and blockchain sector positions it as an invaluable contributor to this initiative.

Brandon Goh, Treehouse’s Co-founder and CEO, highlighted the significance of this collaboration:

“The appointment of QCP as a panelist is a significant milestone for the Treehouse Protocol. Their participation ensures the provision of objective and deterministic reference rates, safeguarding the DOR from manipulation and external influences, unlike subjective reference rates that rely on unverifiable opinions.”

Darius Sit, Chief Investment Officer and Founder of QCP, expressed QCP’s commitment to the initiative:

“As digital assets become increasingly integrated into capital markets, the development of fixed income products marks a pivotal moment. Treehouse Protocol’s DOR represents a significant step forward in this evolution, and QCP is excited to be the first panelist supporting this initiative.”

Decentralized Offered Rates (DOR)

Treehouse’s Decentralized Offered Rates (DOR) represent an innovative approach to achieving transparency and accuracy in rate-setting within the decentralized finance (DeFi) ecosystem. By leveraging the insights of a diverse panel of industry experts, DOR aims to establish standardized and reliable benchmarks for fixed income products in the digital asset markets. DOR enhances market robustness and integrity by providing real-time, consensus-driven benchmark rates, through inputs from industry experts. 

About QCP

Established in 2017, QCP is a pioneering digital asset trading firm in Singapore, partnering with the next generation of institutional investors to unlock opportunities in digital assets. As a global market maker in digital asset derivatives, QCP leverages deep expertise and a vast network of liquidity providers to shape the future of digital asset markets through greater access and efficiency. We offer tailored derivatives, spot trading, and structured solutions to institutional, professional, and accredited investors. Headquartered in Singapore, QCP is supported by a strong team of professionals in trading, business development, operations, risk, and compliance.

QCP’s insights cover weekly trading updates, monthly and quarterly views, and can be accessed on our official social platforms such as Telegram, Twitter, LinkedIn and more.

More information can be found at www.qcpgroup.com.

About Treehouse

Treehouse, the decentralized arm of the parent company Treehouse Labs, is at the forefront of revolutionizing the decentralized fixed income market. The Treehouse Protocol introduces innovative fixed income products and primitives, starting with tETH, a liquid re-staking token. tETH empowers its users to participate in the convergence of on-chain Ethereum interest rates while retaining the flexibility to engage in DeFi activities.

Treehouse Protocol is also pioneering the Decentralized Offered Rates (DOR) consensus mechanism for benchmark rate setting, enabling a range of fixed income products and primitives into digital assets. Treehouse is dedicated to creating safer and more predictable return alternatives for both individual investors and institutions.

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