Treehouse is a project in the world of decentralized finance (DeFi) that seeks to replicate the concept of "fixed income" that we know in traditional finance, such as bonds.
Its main idea is to create an ecosystem where users can obtain stable and predictable returns. To achieve this, they have developed a couple of key things:
🌳 Reference interest rates (DOR): It's like the "LIBOR for DeFi." Treehouse calculates and publishes reference interest rates in a decentralized manner.
This helps to provide more transparency and uniformity to the interest rates that are fragmented across different protocols.
🌳 Liquid staking tokens (tAssets): One example is the tETH, a token you receive when you deposit Ethereum or liquid staking tokens.
This tETH automatically seeks the best yield opportunities in the Ethereum ecosystem, optimizing your earnings through interest rate arbitrage.
In summary, Treehouse is focused on building an infrastructure layer for the fixed income market in the crypto world.
Its goal is to offer more reliable and predictable products, something that has been highly sought after in the DeFi space.
The native token of the ecosystem is the TREE, which is used for both utility and governance of the protocol.
@Treehouse Official #Treehouse $TREE
Disclaimer ⚠️
The information provided in the previous post is for informational and educational purposes only. It should not be interpreted as financial, investment, legal, or tax advice.🚫
Investing in cryptocurrencies and decentralized finance (DeFi) carries significant risks, including the potential total loss of the invested capital.⚠️
Always do your own research (DYOR - Do Your Own Research) 🫵🏻