$TREE The TREE token is a utility and governance token of the ERC-20 standard, designed for use within the Treehouse platform. It enables the operation of the platform, allowing users to participate in staking, pay fees, and engage in protocol governance. Treehouse offers fixed income tools, and the TREE token is a key element of this system.
More details:
Utility token:
TREE is used for various purposes on the platform, such as paying transaction fees and participating in staking.
Governance token:
Holders of TREE tokens can participate in the governance of the Treehouse protocol.
ERC-20:
This is a standard for tokens on the Ethereum blockchain that ensures compatibility and liquidity.
Treehouse:
A platform where the TREE token is used to provide fixed income tools.
tETH:
The first tokenized asset of Treehouse, which represents a liquid staking token. It allows participation in the formation of Ethereum interest rates while maintaining liquidity.