$TREE has closed positions and left, making a small profit. Although the positions are gone, I still have faith in tree.
The Treehouse project has entered the DeFi space with $18 million in funding, backed by big players in traditional finance and the crypto world like MassMutual Ventures, with a valuation as high as $400 million, making a strong impression. This is not a trivial matter; it aims to overturn the chaos in the DeFi fixed income market, acting like an 'on-chain Federal Reserve' to unify the fragmented interest rate market. The TREE token is its core, responsible for governance and incentives, regarded as the 'blood' of the ecosystem.
The core innovations are tAssets and DOR. tAssets act like a smart 'financial steward,' automatically finding the best interest rates across protocols like Aave and Compound, helping users earn passively; DOR is the 'LIBOR of DeFi,' establishing benchmark interest rates through decentralized consensus, stable as an old dog. This combination has allowed Treehouse to dominate on Ethereum and BNB chains, with TVL skyrocketing to $560 million, gaining momentum like a runaway horse.
However, don't be dazzled by this shiny exterior. The DeFi waters are deep, and Treehouse's low yield (APR only 2.81%) and high valuation raise eyebrows; the airdrop frenzy may just be a 'wool shearing' game for big players. The TREE token will be listed on Binance in July 2025, with opportunities and risks coexisting. If you want to play, be cautious and do your own research before getting in!