TL;DR: The Treehouse Protocol has once again hit a significant milestone! The tETH Vault reached its total value locked (TVL) cap of 32,500 ETH—equivalent to over $86 million—just one day after reopening. 

tETH Vault Reaches New Cap—What’s Next for Treehouse?

We did it again! 🎉 The tETH Vault has reached its new cap, and we couldn’t be more excited about the journey so far. The overwhelming support and interest from our community have been incredible, and we’re working tirelessly to make room for yet another cap raise. But there’s even more brewing under the surface…

Why another cap?

Your enthusiasm and participation have driven this growth, and it’s crucial for us to ensure that markets remain efficient. This cap allows us to continue delivering Market Efficiency Yield (MEY) to all participants in DeFi.

But the journey doesn’t end here. To keep MEY strong and maintain rate convergence, it’s essential to continue expanding the vault at a sustainable rate. We’re already hard at work preparing for the next cap raise, which will not only open up more opportunities but also ensure our strategy remains effective in optimizing yields across the ecosystem.

What’s Next? A Tease for the Future

While we’re planning for the next cap lift, something else is bubbling beneath the surface…

Here’s the alpha: 🌋 What lies beneath the Earth’s core?
Yeah, that’s what Treehouse is cooking up next. Stay tuned as we explore new horizons. Exciting times are ahead!

Final Thoughts

With each cap raise, we’re building a stronger foundation for the decentralized fixed income layer. Your support is driving this evolution, and we’re committed to pushing the boundaries of what’s possible in DeFi.

Keep an eye out for more updates and teasers about what’s coming next. The journey has just begun!

🌳 About Treehouse Protocol:

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.

🌳 Stay Connected!