#TreeHouce

1/2

Treehouse Finance (TREE) in Decentralized Finance (DeFi): This is a cryptocurrency that focuses on creating a fixed-income market within DeFi. It introduces two key elements:

Decentralized Offered Rates (DOR): A decentralized benchmark rate-setting mechanism, akin to LIBOR but decentralized, designed to establish interest rates for on-chain assets like staking yields. This enables the development of instruments such as interest rate swaps, fixed-rate loans, and forward rate agreements in DeFi.

tAssets (e.g., tETH): Liquid staking token wrappers that aim to harmonize fragmented on-chain interest rates. For example, tETH seeks to align borrowing rates with Ethereum (ETH) staking yields, while providing users with additional returns beyond standard liquid staking token (LST) yields.

Utility of TREE Token: TREE serves as the governance and utility token for the Treehouse protocol. Holders can vote on important decisions, including protocol upgrades and rate-setting methodologies. It's also used to reward liquidity providers, stakers, and users participating in the protocol's fixed-income products. The token enables access to arbitrage strategies, traditionally reserved for institutions, promoting broader participation in the DeFi fixed-income market.