將 Midas Hyperithm BTC MHYPERBTC 轉換為 Treehouse ETH TETH

mHyperBTC is a liquid yield token designed to track the performance of BTC-denominated, market-neutral strategies deployed across on-chain markets. The product provides transparent, tokenized exposure to a professionally monitored yield strategy, with the underlying positions overseen by an appointed Risk Manager. Yield is auto-compounded into the token price, which is updated periodically based on the strategy’s net asset value. mHyperBTC operates within the Midas ecosystem, offering standardized reporting, redemption mechanisms, and custody protections. The token is fully transferable on Ethereum and carries the risks inherent to digital asset investments.

tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).