Yesterday, I applied to be their ambassador when I was brushing my hair more than two years ago. At that time, their products were still in a very early stage, and they were not as complete as they are now, so they didn't continue to pay attention 😂 to them later. This time, I was really surprised to see them suddenly go on Binance Alpha first and then directly on spot. Their investment background is backed by first-tier VCs such as Lightspeed, Yzi Labs, Wintermute, Jump, etc A closer look at their current product architecture, positioned as the "Fixed Income Layer for DeFi", the goal is to make the on-chain interest rate market more stable, transparent, and predictable, and currently focuses on two products: 1️⃣ tAsset (Liquid Staking 2.0): An improved LST model (Liquid Staking Token) that allows users to earn both staking and arbitrage returns after staking ETH, stETH, and other assets 2️⃣ DOR (Decentralized Offered Rates): This is a decentralized interest rate consensus system based on the Treehouse architecture, generating standardized interest rate indicators that other protocols can use as a reference for interest rates. DOR is currently included in DeFiLlama From the perspective of product structure, they want to move TradFi's fixed income structure to the chain, including staking income, arbitrage opportunities, and interest rate benchmarks. The copycat market is poor, the market has fallen more, let's manage our money steadily, and we can pay attention to whether there are more financial management and arbitrage opportunities in the future