What I am going to tell you is a true story.
Just five years ago, American society, like the mysterious Eastern powers, had elites in suits and ties who looked down on the cryptocurrency world.
On Wall Street in the United States, if you trade in cryptocurrencies, your boss will exclaim that it is a scam; Warren Buffett and other old names directly call Bitcoin a Ponzi scheme.
At that time, at the top investment bank Morgan Stanley, there was a senior executive who was responsible for fixed income and derivatives trading strategies.
🔸During the day, he is a senior executive on Wall Street. At night, he sneaks into the cryptocurrency circle and engages in DeFi mining.
This group of investment bank elites who love the cryptocurrency circle dare not say that they are into cryptocurrencies at work. They communicate with each other on the Bloomberg machine using the code word "Dark Forest".
The name Treehouse comes from this concept: in the "dark forest", if there is a safe place, it is the treehouse, which symbolizes a safe haven.
🔹This is the founding story of @TreehouseFi, which was invested by two giants, Binance and Jump
Let's take you to find out
🍀Project Background
@TreehouseFi was founded in Singapore in 2021. It has accumulated advanced experience in traditional bank bond fixed income and created this "fixed income focused infrastructure" in the crypto field. The products include two
🔹T-Asset: Liquid staking assets (currently based on ETH), with enhanced returns through additional strategies
🔹DOR (Decentralized Offered Rate): Aims to introduce a decentralized benchmark interest rate to the DeFi field, similar to the LIBOR of traditional banks
This DOR is very powerful and can give rise to more standardized interest rate products, such as interest rate forwards, swaps, options, etc.
As traditional financial assets (RWA) move onto the chain, DOR provides the necessary infrastructure to make assets tradable and risks priced.
These are products that institutions love very much and form the basis of Treehouse as a “decentralized fixed income layer”
🔸Treehouse seems to be determined to become the Bloomberg machine of the cryptocurrency world, and DeFilama has specially opened up a new DOR track for it, the only one in the world
🌈Financing
The seed round raised $18 million, which is a huge amount.
The latest financing round in April this year, the amount was not disclosed, but the institutional valuation has reached US$400 million
Obtained investment from top cryptocurrency institutions such as Binance (YZi Labs) and Jump Capital
🔹Institutions and angel investors are very optimistic about the future of Treehouse!
🚴Founding Team
Co-founder and CEO, Brandon Goh, previously worked at Morgan Stanley, Wells Fargo Securities and HSBC, responsible for derivatives and fixed income trading strategies
Co-founder and CPO, Benji L, is a Wall Street elite who has worked at Blue Ivy Ventures (Yale University alumni venture capital fund) and Alumni Ventures (the largest venture capital firm for individuals in the United States), responsible for due diligence and investment
Bryan Goh, co-founder, used to work at HSBC
🔸The core members are all Wall Street financial elites, and Treehouse has a very strong talent pool
🥜Airdrop Interaction
The official GoNuts Season 2 points event was launched in June. Users can earn GoNuts points by participating in the ecosystem. I strongly recommend staying in the ecosystem and getting three benefits from it!
🔹Basic rules: Hold tETH, provide liquidity LP, use integrated assets, every 0.1 ETH = 1 cent per day
🔸Buff stacking: Increase points by holding medals, official NFTs, using specific assets, completing weekly tasks, and asset levels
1⃣ Exchange assets
Log in to the official website: https://app.treehouse.finance/
Optional: mint the mainnet ETH into tETH, or swap it into tETH on the Arb chain, and then just hold it.
But I strongly recommend that you save money in the TAC tETH ecological pool at the bottom and eat three kinds of food with one fish!
First, click TAC tETH -- Deposit at the bottom
Then, you will be redirected to TAC's official website. Click TAC -- View Campaigns
Finally, scroll to the bottom of the website and select Treehouse tETH -- Deposit
Mainnet high-quality Tx + 1
To be honest, compared to the messy information on TAC's website, Treehouse's website is simple and beautiful. Treehouse is the aesthetic height of Wall Street. Many other protocols cannot compare.
2. Buff system
🔸The official NFT series is Treehouse Squirrel Council. If your wallet holds it, you will get a bonus point.
1 + 100%, 2 + 150%, 3 + 200% effect capped
https://magiceden.io/collections/ethereum/treehouse-squirrel-council?activeTab=items
The total amount is 1000, the number of pending orders is 30, and the floor price is 0.23E. In fact, I personally think that the price is too high. It is better to deposit more ETH directly.
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🔹Participate in the Treehouse ecosystem and get a points accelerator
Whether you use the Treehouse partnership agreement, participate in events, complete the upcoming weekly tasks, or upgrade your level, you can earn more points and get a buff that accelerates the accumulation of points~
The gameplay of this DeFi protocol is really diverse, rich and interesting. For specific details, please refer to their points guide: https://treehouse.finance/blog/s2-nuts-guide
🔸Points
Note that the points are updated every Monday
🔹Supplement
There will be an official AMA at 6pm tomorrow night, which will answer users’ questions and TGE content. You can listen to it. Link:
https://x.com/TreehouseFi/status/1940600479706390542
✅Summary
Don’t forget that its core product is the decentralized benchmark interest rate (DOR) for institutions. This is a cross-era product that will greatly promote the development of blockchain finance. Especially in the era of rapid RWA on-chain, Treehouse’s infrastructure is a rigid demand of financial institutions.
We deposit money to get Nut Points, which is the most effective way to get Treehouse airdrops, which also means that airdrops will be very valuable! Don't forget that Binance and Jump are rushing to invest @TreehouseFi
🔹The project I shared is one without an invitation code. How valuable is it? Everyone knows.
rush!
