@Treehouse Official #Treehouse
@Treehouse Official * **Protocol Security:** To ensure the accuracy and reliability of the DOR, Panelists are required to stake TREE tokens as collateral. Malicious or inaccurate submissions can result in slashing, which ensures they have "skin in the game."
* **Ecosystem Integration:** The protocol is designed to be multi-chain and compatible with other Layer-1 and Layer-2 networks, allowing it to provide its fixed-income infrastructure across the entire Web3 space.
**Use Cases of the TREE Token:**
The TREE token is an ERC-20 token (and is also available on BNB Smart Chain) that serves as the native utility and governance asset of the Treehouse Protocol.
* **Staking:** Holders can stake TREE in vaults to earn rewards and support the network's integrity.
* **Governance:** TREE holders have voting rights in the DAO, allowing them to participate in key decisions about the protocol's future.
* **Protocol Fees:** The token is used to pay for on-chain data fees when smart contracts or dApps query the Decentralized Offered Rates (DOR).
* **Incentives:** TREE is used as a reward to incentivize Panelists for accurate data submissions and to the community for participation.
**Tokenomics of TREE:**
* **Total Supply:** The total supply is capped at **1,000,000,000 (1 billion)** TREE.
* **Initial Circulating Supply:** Approximately
**156.1 million TREE** (about 15.6% of the total supply) was in circulation at the time of its initial listings.
* **Token Allocation:** A significant portion is allocated to community rewards (like the Binance HODLer airdrop), ecosystem development, and staking incentives, with other allocations for the team, advisors, and investors.
* **Vesting:** Investor and team tokens are subject to a vesting schedule to prevent a sudden sell-off and ensure long-term commitment.