DeFi· ★★· bullish·

Treehouse to distribute up to 400,000 TREE to tETH collateral users on Aave Prime

  • —Up to 400,000 TREE for posting tETH and borrowing wstETH on Aave Prime
  • —Campaign runs from Sept. 28 through Dec. 3
  • —Extra yield of up to 0.5% annualized, falling as participation grows
  • —Reward is separate from tETH's own staking yield
Why it matters: The incentives could draw liquidity into tETH and boost wstETH borrowing demand on Aave Prime.
Source: TokenPost