We are thrilled to announce that RockX has joined Treehouse Protocol as a Panelist in Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism. This partnership is a significant step toward creating standardized benchmark rates for the blockchain ecosystem, and RockX is proud to contribute its expertise to this pioneering initiative.
With staking yields becoming increasingly integral to the ecosystem, establishing a reliable and transparent rate-setting mechanism is now essential for maintaining trust and stability within DeFi. Treehouse Protocol’s DOR offers us a way to create this—a benchmark curve for Ethereum Staking rate, while ensuring transparency and accuracy in the process.
RockX’s Role in the DOR Mechanism
As a leading staking provider, RockX will play a crucial role in ensuring accurate rate submissions through our staking infrastructure. By leveraging our expertise, we aim to deliver precise rate predictions that will be aggregated into the DOR’s trimmed mean process, helping to establish a reliable term structure for staking yields, starting with Ethereum Staking Rates (ESR).
Unlike traditional benchmark systems like LIBOR, DOR is decentralized. Panelists like us will be rewarded for accuracy and penalized for inaccuracies, creating a tamper-resistant and transparent rate-setting environment. With the entire process on-chain and fully verifiable, DOR sets a new frontier for benchmark rates in DeFi.
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.
Website: https://treehouse.finance
Twitter: @TreehouseFi
Discord: https://discord.gg/treehousefi
About RockX
RockX is a global blockchain node network and gateway for users to seamlessly access Web3, offering institutional-grade solutions and a full suite of developer tools for users to stake and build on all major Proof-of-Stake blockchains.
With its foundations rooted in staking, protocol research, and infrastructure design, RockX has built countless access nodes for users to interact with over 20 layer 1 and 2 protocols — driving greater accessibility and furthering the adoption of blockchain technologies.
With over 20 major tokens supported and over USD 2 billion staked in cumulative token value since 2018, RockX is one of Asia’s leading staking platforms, offering institutional clients new ways to do more with their crypto.
Website: https://rockx.com
X: https://x.com/rockx_official
LinkedIn: https://www.linkedin.com/company/rockx-official
Discord: https://discord.gg/YJzs4UwsTp