🟩🌲🟩🌲🟩🌲🟩----🍜
Here's another update on @TreehouseFi. After the TGE, recently $TREE has been listed on Bithumb, the second largest exchange in Korea, and the price is quite good, steadily above 0.40. With this listing, it seems there should be more opportunities to rise, and $TREE is definitely worth keeping an eye on.
╭─────✦✦─⋆⋅☆⋅⋆───╮
I've been sharing about @TreehouseFi for a while now. Their $TREE has a lot of real use cases and great potential, and each one is closely related to DeFi's fixed income:
1️⃣ Query Fees: Others need to pay $TREE to reference the #Treehouse DOR rates, which already generates direct on-chain income. As more people adopt it in the future, demand will naturally increase.
2️⃣ Panelist Staking: If you want to participate in the interest rate prediction reviews, you must stake $TREE first. This way, everyone will take it more seriously; the higher the accuracy, the more rewards.
3️⃣ Consensus Rewards: The accuracy of predictions directly affects the distribution of $TREE, and this performance-based system can make the data more credible.
4️⃣ Governance Rights: Holding $TREE allows participation in protocol governance, influencing interest rate mechanisms, fund allocation, and more.
5️⃣ DAO Funding: $TREE will also support the development of the entire fixed income infrastructure through ecosystem and research funding.
╭─────✦✦─⋆⋅☆⋅⋆───╮
If I had to say which function could drive the price the most, I personally think it's the Query Fees + Panelist Staking, because these two are the most direct sources of demand. One is external demand pushing up buying pressure, and the other is internal participation locking supply. As long as #Treehouse's interest rate standards are increasingly accepted by DeFi, this cycle will become stronger and stronger.
Compared to many DeFi protocol tokens, TREE's functionality is really solid. They integrate the token into the protocol to run, and I believe this approach is the long-term way to go.
📌 Now that $TREE is already on Bithumb, it may also be listed on more Korean exchanges soon. If you want to position yourself early, it feels like a good time to enter. You can also take the initiative to learn more about the functions of the TREE token; you'll have more confidence in @TreehouseFi's fixed income infrastructure. #DYOR

🌳 TREE: The Token Powering Treehouse
With Gaia now behind us, it’s time to unpack what $TREE is for—and how it drives the future of onchain fixed income.
Here’s what you need to know about TREE and its utility. 🧵👇

15.69K
42
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.