New Opportunities for Fixed Income in DeFi @Treehouse Official
I just saw Binance Holder mention this project, so I searched for it. I found out it is a good DeFi destination for our E-Guardians! $TREE #Treehouse
Treehouse is a decentralized fixed income layer, to put it simply: its core asset tETH: the yield token obtained by depositing ETH, not only enjoys the basic staking yield but also engages in smart arbitrage, similar to an upgraded version of stETH, but with more diverse yield strategies.
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How can retail investors upgrade their participation?:
1️⃣
Basic participation method, stake tETH to earn yield
Convert ETH to tETH, for every 0.1 tETH held, you earn 1 Nuts point daily, enjoy basic ETH staking yield + additional arbitrage yield, participate in GoNuts S2 points activity, in simple terms, join the Season 2 points.
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Accumulate Nuts points through various DeFi operations; the Buff system can increase the yield multiplier, early participants enjoy a 50% universal bonus.
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Provide liquidity for tETH-related trading pairs
Earn a share of transaction fees + additional point rewards.
Currently, I checked, their TVL is $300M, which is still relatively high, I think it’s worth allocating some ETH to test the waters.
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Summary:
As an innovative project in the fixed income sector of DeFi, Treehouse has the potential to fill a market gap. Although the coin price is currently in a correction phase, its technological innovation and institutional background are worth noting.
For DeFi players, participating in tETH staking and points activities can help experience the product while assessing its long-term investment value.
However, it's essential to pay attention to risks and keep an eye on the product's TVL situation. However, since Binance supports this activity, I think there shouldn’t be any major issues in the short term. Those looking to earn can give it a try.