Treehouse: Project 29 in the Binance HODLer Airdrop Program

Treehouse is a dApp built to simplify earning fixed yields in the DeFi ecosystem. Instead of requiring users to manually search and compare lending protocols or provide liquidity, Treehouse functions as an intelligent aggregation machine. This means that the platform automatically collects data from various protocols, standardizes information about interest rates and participation conditions, and then analyzes and selects optimal strategies to allocate users' assets. As a result, users can receive a more effective and stable fixed interest rate without needing to understand the complex mechanisms behind it or constantly monitor the market. What problem does Treehouse solve? In the current DeFi, staking interest rates are fragmented - each platform such as Lido and Rocket Pool offers different yields. This makes it difficult for investors and on-chain financial applications to build fixed interest rate products. Therefore, Treehouse is a DeFi protocol positioning itself as the "Decentralized Fixed Income Layer" (Decentralized Fixed Income Layer), addressing the issue by aggregating yields and using DOR (Decentralized Offered Rates) to establish interest rate benchmarks for DeFi.

Treehouse products With the combination of blockchain technology and traditional financial thinking, Treehouse builds a user-friendly product ecosystem. tAssets – Integrated yield, simple for users tETH is a liquid staking product developed by Treehouse to optimize yields for users from ETH. When users deposit ETH or staking tokens like stETH, wstETH, they will receive tETH ( representing their contributed assets ). Treehouse not only offers simple staking, but also applies a strategy using LST (Liquid Staking Token) as collateral to borrow ETH, and then continues to stake the borrowed ETH. As a result, users can earn additional yield from the interest rate differentials between protocols - called arbitrage yield. In addition to the base staking yield, tETH also accumulates income from lending activities and participating in rewards campaigns.

The yield for tETH holders is represented by an index called MEY (Market Effective Yield) - the actual yield you receive after the protocol has implemented optimal strategies. MEY changes daily and is updated publicly and transparently. As a result, users can enjoy interest rates that are often higher than direct staking, without needing to monitor or adjust anything. Specific formula: tETH = LST + Market Efficiency Yield + Points To protect individuals, the project implements risk management through mechanisms: Profitability Assessment & Utilization Rate: Protocol monitors the utilization of borrowed ETH; if it exceeds the safe threshold ( for example >89% for 2 consecutive days ), the system will unwind to reduce ETH usage, protecting sustainability. When overloaded with the staking loan strategy, surplus assets are automatically allocated to the highest yield strategy. Protocol-Owned Peg Protection (PPP): if tETH loses peg ( and the price drops below wstETH), the Treehouse team will use the "Insurance Fund" to buy back and rebalance the price, protecting users from de-peg volatility. Profits from this process are shared with tETH holders, liquidity pool, and treasury protocol. Users can swap (swap) tETH for wstETH via liquidity pools like Curve if the amount is small. If you want to withdraw a large amount, you need to perform the tETH burn operation and wait for the system to process it within about 7 days. Additionally, there is a fast withdrawal option called Fastlane Redemption, which allows you to receive wstETH immediately but with a fee of about 2%. DOR – The first decentralized interest rate for DeFi In the traditional financial world, when banks need to borrow from each other, they often refer to benchmark interest rates such as LIBOR ( London Interbank Offered Rate ) or SOFR ( Secured Overnight Financing Rate ). In relation, DOR is the reference interest rate of DeFi, created to measure the cost of capital usage in the cryptocurrency market. It serves as an "anchor" for users and DeFi protocols to rely on when pricing financial products such as lending, interest rate swaps, fixed contracts, and so on. The DOR index of Treehouse operates based on the coordination between three main roles: Panelist, Operator, and Delegator. In this context, Panelists are the parties with expertise who are responsible for collecting and sending actual interest rate data from the DeFi market into the system. To support this process, the Operator operates the technical infrastructure, ensuring that data is sent in the correct format and on time. A Delegator is a regular user who does not directly send data but can stake TREE to support the panelists they trust, thereby sharing the rewards, while also bearing the risk if the panelist operates non-transparently. After that, Treehouse aggregates this data and calculates a median level, which is the interest rate in the middle, not overly influenced by outlier values. Each asset will have a DOR index. Vaults - Automating DeFi strategies Treehouse has developed two smart Vaults to help users optimize yields from ETH without needing deep technical knowledge: tETH Vault and gtETH Vault. With the tETH Vault, users deposit ETH and receive tETH – representing ETH that has been staked and automatically leveraged to generate higher yields than traditional staking. Meanwhile, the gtETH Vault is an advanced version that applies in-depth strategies such as taking advantage of arbitrage opportunities ( price differences ) between markets; optimizing loans - lending based on actual interest rates in DeFi; extracting profits from MEV (Miner Extractable Value) - benefits that a trader can gain from ordering transactions in a block. These strategies are often complex and require in-depth risk management, so the gtETH Vault does not operate completely automatically like the tETH Vault, but has strategy management from trusted Treehouse partners. GoNuts Campaign Season 1 Treehouse has launched a community campaign to express gratitude to early users ahead of its listing on Binance on July 29, 2025. This campaign is designed to encourage meaningful and long-term participation and is also a common marketing approach for projects in the Crypto market. Users can accumulate Nuts ( on-chain reward points by holding tAssets such as tETH, participating in vaults, staking events, or through referrals. To qualify, a wallet must hold at least 100 Nuts by May 29, 2025, to receive the airdrop of TREE token. Additionally, Treehouse is also releasing the NFT Squirrel Council ) which has only 1,001 squirrels ( to help you double the amount of Nuts received - while unlocking benefits within the Treehouse ecosystem. In particular, Treehouse is also the 29th project in the Binance HODLer Airdrop program, allocating 12.5 million TREE to users who stake BNB on Binance from July 10 to 13. What is the token of Treehouse? Token Name: Treehouse Ticker: TREE Blockchain: Ethereum Token Standard: ERC‑20 Token Type: Governance & Utility Total Supply: 1,000,000,000 TREE Token allocation TREE Token TREE is allocated as follows: Community Rewards: 20% Strategic Investors: 17.5% Team: 12.5% Treasury Fund: 12.5% Community Airdrop: 10% Future Airdrops: 5.75% Core Contributors: 5% Exchange Partnerships: 3.75% Development Team & Investors Founding & Development Team Brandon Goh )Co-founder & CEO(: Graduated from the University of Chicago, Brandon previously worked at J.P. Morgan in finance and strategy. He brings a solid background in traditional finance and sharp operational thinking.Bryan Goh )Co-founder(: Graduated from Cornell University, has experience at MassMutual in quantitative investing and financial technology. He is a blend of technical understanding and investment strategy.Kang Loh )Co-founder(: Former student of the National University of Singapore )NUS(, Kang has held product management and engineering roles at technology companies in the region. Treehouse brings together a team of blockchain engineers, quantitative experts, and experienced DeFi analysts from leading organizations such as Polkadot, MassMutual, Citadel, Goldman Sachs… Most have studied and worked at top universities around the world such as MIT, Stanford, LSE, with strengths in finance, software engineering, and blockchain. @TreehouseFi #Treehouse $TREE {spot})TREEUSDT(