Can Treehouse be reliable this time?
DeFi's fixed income products used to be like a 'bad boyfriend' — promising you stable returns, only to either run away or provide returns lower than bank savings. The reason is simple. There is no transparent benchmark interest rate or sustainable yield strategy. Most projects either rely on a Ponzi model to hold on or are knocked back by market fluctuations.
However, the Treehouse protocol is doing things a bit differently this time. They are not playing around; they have directly done two things:
1. tETH-type 'Super LSTs': Put your staked assets (like stETH) into lending protocols to earn interest spreads. The returns are higher than simple staking and can be redeemed at any time.
2. DOR Decentralized Interest Rate: Allows the community (including node operators and data providers) to jointly decide the benchmark staking interest rate for ETH, avoiding centralized control.
This sounds like moving the traditional financial 'bond market' on-chain, but in a more transparent way. For example, their TESR interest rate has already partnered with professional institutions like RockX and Staking Rewards, ensuring reliable data sources.
Of course, there are risks — if the ETH staking rate plummets, or if lending protocols like Aave collapse, the returns will also be affected. But compared to those '1000% annualized' Ponzi mining schemes, Treehouse at least provides a measurable framework.
The TREE token currently has a market value of less than 100 million USD, which is considered 'small but beautiful' in DeFi. If their fixed income layer can truly attract institutions, there is still significant room for valuation growth. However, it is advisable to start with a small amount, observe for a period — after all, in DeFi, it takes time to validate whether a 'bad boyfriend' can become a 'good boyfriend'. $TREE @Treehouse Official #Treehouse
