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Treehouse CEO: Fixed income may become a key link widely adopted in Decentralized Finance, lacking BenchmarkIntrerest Rate is the main obstacle
ChainCatcher news, according to Cointelegraph, Treehouse CEO Brandon Goh stated in the latest episode of the Hashing It Out podcast that fixed income products may be a key driver for the widespread adoption of Decentralized Finance, especially at the institutional level. Goh pointed out that Decentralized Finance currently lacks a BenchmarkIntrerest Rate similar to LIBOR, making it difficult for fixed income products to expand in a Decentralization environment. Goh predicts that Decentralized Finance will transition from unsustainable high-yield incentives to a stable growth model in the future, and the fixed income market will become an important entry point for traditional financial institutions into the crypto market.