Seeing $TREE at first glance is just another airdrop project? But upon closer inspection, you will find that Treehouse may be a key piece in the DeFi interest rate market...
In simple terms, @Treehouse Official is doing two things:
1️⃣ tETH - Helps you automatically optimize ETH lending returns
2️⃣ DOR - Creates an on-chain version of the 'LIBOR rate'
Interesting points about this project:
✅ Binance directly airdropped to BNB holders, available on launch
✅ Strong financing background (rumored a16z participation), valuation over 400 million+
✅ CEO with Morgan Stanley background
✅ Token design has practical use (more on this later)
Latest updates:
Just launched a new staking activity, and the token empowerment is also worth noting👇
🟢 TREE's five main functions:
1. Query fees (need to pay TREE to use DOR products)
2. Expert group staking (supports specific groups to earn higher returns)
3. Consensus spending
4. DAO Grants
5. Governance
Let’s focus on the first two points:
- Query fees: This is a real demand, the more DOR is adopted, the greater the consumption of TREE
- Expert group staking: It’s not just simple locking, but earning returns by supporting groups with accurate interest rate predictions
Short term may be affected by the broader market, but in the medium to long term:
If DOR can become the DeFi interest rate standard, the value capture of TREE will be very direct...
#Treehouse #TREE More details can be found on the official website