$TREE
There are multiple cryptocurrencies that use the "TREE" ticker, making it crucial to specify which one you're interested in. Two prominent examples are Treehouse (TREE) and TreeCoin. 🌳
Treehouse ($TREE) is the utility token for the Treehouse protocol, which aims to provide reliable benchmark interest rates for crypto assets. The token is used for paying for data, staking by data panelists, earning rewards, and governance within the decentralized autonomous organization (DAO).
TreeCoin ($TREE), on the other hand, is a carbon-backed token where each token represents a tonne of carbon drawn out of the atmosphere. It's designed to monetize the carbon sequestration work of trees, connecting growers and purchasers in the global carbon market.