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Huobi HTX will jointly launch TREE (Treehouse) today at 22:00.
On July 29, according to the Huobi HTX announcement, Huobi HTX will open the deposit service for TREE at 12:00 (GMT+8) on July 29. The TREE/USDT spot trading will open at 22:00 (GMT+8) on July 29. The withdrawal service for TREE will open at 22:00 (GMT+8) on July 30. According to reports, Treehouse is a decentralized DeFi application that introduces Treehouse Assets (tAssets) and Decentralized Quoting Rates (DOR), which are new primitives that can realize fixed income products in digital assets. Users who deposit ETH or Liquid Staking Tokens (LST) into the protocol will receive tETH and contribute to the convergence of the on-chain ETH exchange rate. Previously, Treehouse was a digital asset portfolio management and market intelligence platform.