$TREE
What is Treehouse (TREE)?
It is an ERC-20 token that serves as a utility and governance token within the Treehouse protocol, which aims to develop a DeFi market based on fixed interest rates.
How does the protocol work?
It relies on two main mechanisms:
tAssets / tETH: Wrapped tokens for users who deposit ETH or liquid staking tokens, where interest profits are redistributed to them through arbitrage mechanisms.
DOR (Decentralized Offered Rate): A mechanism to extract reliable reference interest rates through consensus from various participants such as panelists, delegators, and operators.