Today, TREE token exploded! It went straight to the rankings, try not to short it, with $5.6056 billion locked up (equivalent to tying up half of the Ethereum ecosystem's funds);

A giveaway of 23,800 ETH (now worth $10.8 million, daily dividends feel like picking up money);

66,900 users are eager to participate (10 times more lively than many other coin communities, consensus is directly at its peak)!

This is not the coin related to planting trees, don't get it confused. This is a tough player in DeFi that creates an 'on-chain fixed income layer', turning ETH into an 'automatic money printer', and can also act as an on-chain 'interest rate referee'! Below, I will directly expose its money-making logic, dare you to short it after reading;

Right now, the borrowing interest rates in DeFi are chaotic (Aave is borrowing ETH at 5%, Compound can go up to 6%), Treehouse directly set up an 'on-chain central bank':

You deposit ETH/staked ETH (stETH, rETH), and immediately generate tETH (equivalent to an 'inflation clone' of ETH):

Earn double interest: staking rewards from ETH itself (for example, 4%) + additional income from Treehouse using your ETH to lend on Aave and playing interest rate swaps with Pendle (free money!);

Instantly becomes collateral: tETH can be directly used as collateral to borrow money in Aave and Compound, equivalent to ETH being able to 'clone itself for trading', splitting a penny in half to use;

Data hard facts: tETH locked up is now over $5 billion, with many big players backing it;

The most ruthless part is that Treehouse has created a TESR (ETH staking benchmark interest rate), equivalent to the 'LIBOR' in DeFi, allowing everyone to bet on the rise and fall of interest rates using TREE tokens:

Staking TREE to guess the rise and fall: you bet whether next month's ETH staking interest rate will rise (for example, 5% → 6%) or fall (5% → 4%);

If you guess correctly, TREE will directly explode and send you tokens; if you guess wrong, the staked TREE will be 'liquidated' (tokens directly deducted, stimulating to the max!);

Data shock: now 66,900 users are playing this betting game, and the daily generated TESR directly affects the entire DeFi borrowing interest rates, equivalent to you 'manipulating the on-chain central bank interest rate'!

Although the total amount of TREE is 1 billion tokens, it takes 48 months to gradually unlock (institution and team tokens are locked for 4 years, no one will dump in the short term!):

20% is given to the community for free (the Binance airdrop comes from here, I'll teach you later);

17.5% is locked by institutions (investors include Compound Labs and the founder of Etherscan, equivalent to the 'national team' in the crypto circle backing it);#Treehouse@Treehouse Official $TREE