The treehouse project @Treehouse Official ($TREE ) is a pretty cool DeFi protocol aimed at creating a decentralized fixed income layer for digital assets. It operates mainly on two core elements:
tAssets (like tETH): This is a type of liquidity staking token, meaning that after you deposit ETH or similar coins, you will receive tETH, which not only earns the basic rewards from Ethereum PoS but can also yield more returns through arbitrage strategies, and can be used for lending or collateral on other DeFi platforms.
DOR (Decentralized Quoting Rate): This is an on-chain interest rate reference mechanism, somewhat like traditional finance's LIBOR or SOFR, but it is more transparent and fair, ensuring that interest rate data is not manipulated.
The entire #Treehouse ecosystem relies on users, operators, team members, delegates, and end-users working together to keep the interest rate mechanism transparent and stable. It maintains accurate interest rates through forecasting, staking, and rewards and penalties, helping to create a long-term stable lending and derivatives market.
If you deposit $ETH or liquidity staking tokens into #Treehouse , you will receive tETH, which not only earns interest but can also be flexibly used in other DeFi sectors.