For ( ), it is advisable to maintain a cautiously optimistic attitude, viewing it as an important layout in the DeFi fixed income field. Since the token has not yet been issued, investors can first participate in products like tETH in small amounts to establish an initial position and have the opportunity to receive airdrops.

Dynamically adjust positions based on milestone progress: if projects like DOR and FRA are successfully launched, consider gradually increasing holdings; if faced with significant technical or regulatory risks, timely reduction of positions should be made. In the long term, if Treehouse successfully creates an on-chain interest rate curve and maintains a leading position, its token has the potential to become one of the blue-chip assets, suitable for patient investors to accumulate at reasonable valuation ranges and share in future growth dividends.

In terms of asset allocation, it is recommended that initially no more than 5% of the entire crypto investment portfolio be allocated. As risks decrease and fundamentals improve, the allocation can be increased judiciously, aiming to capture the value growth brought by the DeFi fixed income revolution while controlling risks.

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