Treehouse (TREE) is Binance's latest DeFi innovation project, dedicated to building decentralized fixed income infrastructure. Its core products, tETH (liquid staking tokens) and DOR (decentralized quotation interest rate mechanism), address the issue of fragmented on-chain interest rates, providing standardized benchmarks for financial products such as lending and derivatives. The team consists of seasoned professionals from traditional finance and the cryptocurrency field and has received support from institutions like Compound, with a valuation of $400 million.
TREE tokens are used to pay for DOR query fees, participate in governance, and earn staking rewards. The initial circulation was only 156 million tokens (total supply of 1 billion), and it peaked at $1.50 after listing, demonstrating strong market enthusiasm. As the 'DeFi version of LIBOR', TREE has immense potential in the field of market-driven interest rates, suitable for investors focused on long-term ecological value.
