Currency characteristics$TREE

TREE currency operates as part of a decentralized financial protocol#Treehouse aimed at providing on-chain returns through products called tAssets and a decentralized interest rate (DOR).

Mechanism of operation:

Relies on decentralized networks and mining technology to operate its network.

Used for various purposes:

Enables users to participate in protocol governance.

Network security:

Contributes to securing the Treehouse network.

Fee payment:

Used to pay transaction fees within the network.

Smart contracts:

It is relied upon to execute transactions and processes automatically and transparently.

Real assets:

Relies on real assets such as $ETH , which enhances its credibility.

Support from major investors:

Supported by prominent investors such as Binance Labs, Lightspeed, and Jump Capital, which enhances its legitimacy.

Importance of TREE currency:

Growth potential:

Has significant growth potential with the continued expansion of the Tree News platform.

Future of the platform:

TREE currency is expected to become the primary currency for the Tree News platform in the coming years.

Stable performance:

It is noted that the currency shows stable performance in the market#Binance #EarnFreeCrypto2024 #TREE #Write2Earn $TREE