@TreehouseFi @Treehouse coin $TREE is the token of the decentralized finance (DeFi) protocol Treehouse, focusing on building fixed income infrastructure for digital assets and standardizing decentralized interest rates. The project creates tAssets (such as tETH), a type of liquidity staking token, and DOR (decentralized interest rate index), similar to LIBOR/SOFR for digital assets. Token #TreehouseFi is used for protocol governance and rewarding users.
Key components of Treehouse:
tAssets (asset tokens):
These are liquidity staking tokens (e.g., tETH) that allow users to earn higher stable yields than basic Proof-of-Stake rewards without locking up capital, according to CoinMarketCap.
DOR (decentralized, reference interest rate):
A decentralized interest rate index on the blockchain, serving as a standard reference interest rate, similar to LIBOR or SOFR in traditional finance, helping to stabilize on-chain interest rates.