What is the TREE token? Enhance on-chain yield with Treehouse
Treehouse is a decentralized application (DApp) operating in the DeFi sector, specializing in providing fixed income solutions through products such as Treehouse Assets (tAssets) and Decentralized Offered Rates (DOR).
Treehouse aggregates on-chain interest rates, particularly ETH, through the tETH product, while ensuring the economic security of DOR – a standard interest rate consensus mechanism.
Information about the TREE token
Token Name: Treehouse, Symbol: TREE, Blockchain: Ethereum, Standard: ERC-20, Total Supply: 1,000,000,000 TREE,
Allocation
Community: 20%, Strategic Investors: 17.5%, Team: 12.5%, Treasury: 12.5%, Community Airdrop: 10%, Ecosystem Fund: 10%, Core Partners: 5%, Exchange Cooperation: 3.75%, Future Airdrop: 5.75%, Liquidity Provision: 3%,
The strength of Treehouse lies in combining traditional financial expertise and blockchain technology to provide data analysis tools, risk management, and yield optimization.
The project attracted attention with a strategic funding round in April, valuing the company at $400 million, with participation from major investors such as Binance Labs, Lightspeed Venture Partners, etc.
Treehouse currently offers an APR of 3.08%, with a total value locked (TVL) of $609.87 million, serving 47,920 users with over 141,000 ETH staked.
