shavonne
@shavonnejakubiak
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🔥Recently, DeFi has shown many signs of revival, and many new projects are gradually entering everyone's field of vision. I found a DeFi project that was launched not long ago,
@Treehousefi
, the most popular project on Uptober, which got our latest important milestone in one day
A brief introduction to Treehouse, this project is building infrastructure for the entire DeFi fixed income market, building a transparent benchmark interest rate infrastructure in the cryptocurrency market in a decentralized way. If DeFi needs to mature, it is extremely important for the market to have a reliable benchmark interest rate!
Its first tAsset is $tETH, a new generation of liquidity staking! ETH combines native staking rewards with on-chain arbitrage strategies to make on-chain lending rates more efficient. Now is the era of LST 2.0, providing real returns on stETH through interest rate arbitrage💰 0 reply
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According to the token economic model disclosed in the DePIN protocol http://io.net document, the fixed maximum supply of IO, the native token of the IOG network, is 800 million, of which 500 million IO tokens will be distributed at launch, including seed round investors (12.5%), A round investors (10.2%), core contributors (11.3%), R&D and ecosystem (16%) and community (50%). The remaining 300 million will be issued and paid to suppliers and their stakers every hour for 20 years as rewards, and the rewards follow a deflationary model, starting with 8% in the first year and decreasing by 1.02% per month (about 12% per year). IO uses a programmatic token destruction system, in which the revenue generated by http://io.net from the IOG network is used to purchase and destroy IO, and the destruction mechanism will adjust the destruction amount according to the price of IO. Foresight News notes that http://io.net said its token economic model is under revision and may be changed before launch. 0 reply
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