@TreehouseFi is a decentralized finance (DeFi) protocol dedicated to building a fixed income layer for digital assets through its products tAssets and Decentralized Offering Rate (DOR).
Seed round financing of $18 million, led by YZi Labs (formerly Binance Labs), Lightspeed Venture Partners, Mirana Ventures, Jump Capital, GSR Ventures, Wintermute, Global Founders Capital, and executives from SoftBank Vision Fund.
This round of financing is valued at 400 million, led by the venture capital division of one of the world's largest life insurance and financial services companies (managing over $500 billion in assets), attracting participation from many well-known investors in traditional finance and cryptocurrency, such as Ethena founder and CEO @gdog97_, Etherscan founder and CEO @mtbitcoin, and major contributors from Lido, EtherFi, and other leading protocols.
Treehouse Nuts are reward points in the Treehouse protocol, similar to a points system, used to reward users for contributing to the ecosystem, such as providing liquidity, holding tETH, or participating in community activities.
Nuts can be obtained through the following methods:
1⃣ Earn Nuts by holding tETH.
tETH is a liquid staking token (LST) that provides real returns to holders through interest rate arbitrage strategies while still being usable in DeFi activities. tETH also helps support the decentralized offering rate (DOR) consensus mechanism of Treehouse.
▪️How to obtain tETH?
You can mint tETH by depositing ETH or wETH on the Treehouse dApp:
▫️Ethereum: Access tETH Vault.
▫️Arbitrum: Access Bridge.
▪️Earn Nuts
▫️Rules: Earn 1 Nut per day for every 0.1 ETH worth of tETH held.
▫️Minimum requirement: The minimum staking amount to participate in the GoNuts reward program is 0.02 ETH.
▪️Operation steps
▫️Open the official website and connect your wallet: https://app.treehouse.finance/referral/523CX
▫️Select the 'Deposit' option to deposit ETH or wETH.
▫️Confirm the transaction to mint tETH.
▫️Hold tETH to start earning Nuts daily.
2⃣ Earn Nuts by staking LP tokens.
▪️How to stake LP tokens?
You need to provide liquidity for the tETH liquidity pool and then stake these LP tokens in the Treehouse protocol:
▫️Provide liquidity: Provide liquidity for the tETH pool on supported DEXs and earn LP tokens.
▫️Stake LP tokens: Select stake to deposit your LP tokens into the Treehouse protocol.
▪️Earn Nuts
▫️Rules: Stake LP tokens worth every 0.1 ETH to earn 1 Nut per day.
▫️Minimum requirement: The minimum staking amount is LP tokens worth 0.02 ETH.
▪️Operation steps
▫️Open the webpage and connect your wallet: https://app.treehouse.finance/defi/yield-markets
▫️Select the 'Deposit' option, open the third-party website, and connect your wallet.
▫️Exchange tETH for LP tETH.
3⃣ Participate in Treehouse Games Room games to earn Nuts.
It's a simple card drawing game; see the official documentation for details: https://www.treehouse.finance/blog/games-room
4⃣ Maximize Nuts earnings through the boosting mechanism.
▪️Squirrel Council NFT
▫️Squirrel Council NFT is officially issued, with a total of only 1000, currently at a floor price of 0.37E, not sure if there are other benefits.
▫️Mechanism: Holding Squirrel Council NFT can provide up to a 200% boost to your daily Nuts collection.
▫️Additional benefits: NFT holders will receive an exclusive book, One Rate To Rule Them All.
▪️Partner NFT and LP partners
Partner NFTs:
▫️Holding multiple partner NFTs (up to 3 from each series) can stack boosts. Partner NFT series include: CRYPTOPUNKS, BAYC, MAYC, AZUKI, PIXELMON, SANDBOX, etc.
▫️Different series of NFTs can be combined for greater boosts.
LP partners:
Staking with LP partners provides a 100% boost but cannot be stacked.
▪️Referral system
▫️Mechanism: Invite friends to join the Treehouse protocol. You and the invited new users will both receive a 5% bonus of the new user-based Treehouse points.
▫️Note: Referral bonuses do not apply to other boosting mechanisms.
Official documentation: https://www.treehouse.finance/blog/treehouse-nuts-guide
