Treehouse TGE Update
I have summarized the situation following the successful TGE of @TreehouseFi.
1️⃣ TGE & Global Listings Completed
- Listings completed on major exchanges like Binance, Coinbase, Bybit, etc.
- Debuted with an FDV of over $1B → currently maintaining around $500M
- No news yet on domestic exchanges, but the possibility seems high?
2️⃣ Low Circulating Supply & Strong Lockup
- Circulating supply is less than 20% at TGE
- Team/VC supply locked up for a maximum of 48 months
- Considering the circulating supply and team/VC supply, short-term selling pressure is low
3️⃣ $TREE Farming & Staking
- Pre-Deposit Vaults APR 50~75%
- Staking available for 30 days post-TGE
- Simultaneously, Season 2 farming is also ongoing:
Treehouse, which was gaining attention as an ETH farming platform based on tETH, is being re-highlighted alongside the rise of Ethereum after the TGE. I wonder when it will be listed on domestic exchanges.
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