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📖 Day 1 · Quiz (Single Choic
TREE Rises Sharply as Treehouse Launches New Fixed Income Tool in DeFi
On August 28, according to data from Golden Finance, the price of TREE token experienced a rise to the sky, at one point surging over 100% to a level of 0.61 USDT, before stabilizing around 0.60 USDT. This explosion occurred simultaneously with an important announcement from @TreehouseFi, a DeFi protocol focusing on developing fixed income solutions in the blockchain sector. Treehouse introduces Decentralized Offered Rate (DOR) The most noteworthy event is that Treehouse officially launched the Decentralized Offered Rate (DOR) – a completely decentralized benchmark rate (. DOR is designed to: Provides a transparent and reliable standard for decentralized applications )dApp(. Helps calculate profits in the DeFi ecosystem more fairly, clearly, and consistently. Creates a new standard for on-chain interest rates, replacing the traditional calculation methods that are unstable and heavily reliant on centralized factors. With DOR, #Treehouse expects to enhance transparency and accessibility for fixed income products in DeFi, thereby attracting more capital flow and trust from both institutional and individual investors. Positive signals for fixed income DeFi In the context where most DeFi projects currently revolve around trading, lending, or liquidity pools – which are highly volatile and contain many risks – Treehouse's focus on building a standardized fixed interest rate tool is considered an important step forward. This move not only helps to mitigate volatility risks for users but also lays the groundwork for the development of a more stable and transparent "on-chain bond" market. The price of TREE benefits from product innovation. Thanks to the combination of product innovation and new attention from the market, the price of TREE has quickly surged, bringing the project back to the center of discussion within the community. This development reflects the growing demand for DeFi solutions that provide stable, sustainable income rather than just chasing short-term price fluctuations. Conclusion The introduction of DOR by Treehouse not only creates a boost for the price of $TREE token but also marks an important milestone for the DeFi Fixed Income market. If successful, Treehouse could become one of the pioneering projects laying the foundation for decentralized interest rate standards in the future.