The $TREE token is the core of the Treehouse Protocol, serving as both a utility and governance asset. 🌳 It’s designed to align the goals of its holders with the growth of the entire ecosystem.
Here’s what makes the token so important:
* Decentralized Governance: $TREE holders can vote on key decisions, like adjusting protocol fees and whitelisting new validators. This gives the community direct control over the protocol's future. 🗳️
* Value Accrual: The token is structured to increase in value for holders. A portion of the ETH yield generated by the protocol is used to buy back $TREE tokens from the open market. 📈
