6 days ago, @TreehouseFi tETH was onboarded on the Aave Prime Instance. Since then, users have been supplying $tETH (now 100% cap filled) and borrowing $wstETH to leverage up and earn native yield. Right now, the embedded yield on $wstETH sits around 2.7%, while Treehouse offers ~3.26% on $tETH. This difference comes from the MEY (Market Efficiency Yield), which captures the arbitrage between staking yields and borrowing costs. With E-Mode, users can reach up to 92% LTV on tETH/wstETH, unlocking more borrowing power and capturing the ~0.5% yield gap between $wstETH and $tETH. Days after onboarding, Treehouse raised the tETH vault cap, and Aave also increased the tETH supply cap. This further amplified the effect, with wstETH native supply rate not only holding near 0.4% but even climbing higher, maintaining yields well above pre-onboarding levels. 1/