# Treehouse

> The decentralized fixed income layer

Treehouse is a decentralized fixed income protocol that helps users earn enhanced yields on staked assets through interest rate arbitrage.

Treehouse is a DeFi protocol building fixed income infrastructure through yield-bearing staking tokens and decentralized benchmark rates. Users deposit native tokens or liquid staking tokens to earn returns via rate arbitrage, while the Decentralized Offered Rates (DOR) system generates consensus-based on-chain reference rates used to price and settle fixed income instruments across protocols.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2021-03-01
- Profile: https://thegrid.id/profiles/treehouse

## Products

- [tAssets](https://thegrid.id/profiles/treehouse): tAssets is a liquid staking protocol issuing yield-bearing tokens (tETH, tAVAX) through automated interest rate arbitrage strategies. Users deposit native tokens or existing liquid staking tokens to receive tAssets, which earn base Proof-of-Stake rewards plus Market Efficiency Yield by supplying LSTs as collateral to lending markets and borrowing native tokens for restaking. tAssets remain liquid and composable across DeFi for collateral use, liquidity provision, and DOR delegation. (Liquid Staking, Live, Main Product)
- [Decentralized Offered Rates (DOR)](https://thegrid.id/profiles/treehouse): Decentralized Offered Rates (DOR) is a consensus-based reference rate infrastructure for digital assets. A participant economy of Operators, Panelists, Referencers, and Delegators provides and validates interest rate data through game theory incentives and slashing mechanisms. The inaugural rate, the Treehouse Ethereum Staking Rate (TESR), measures annualized Ethereum validator yields, with additional rates including the Treehouse Ethereum Lending Rate (TELR) and Borrowing Rate (TEBR) for derivatives pricing, hedging, and fixed income product construction. (Oracle, Live)

## Assets

- [Treehouse ETH (TETH)](https://thegrid.id/profiles/treehouse): tETH is a liquid staking token representing staked ETH on Treehouse Protocol. It is used for earning staking yield, providing collateral in DeFi lending markets, and delegating to DOR Panelists on Ethereum and Arbitrum. The protocol employs an interest rate arbitrage strategy that cycles assets through lending markets to capture yield above the standard Ethereum staking rate. (Liquid Staking Tokens (LSTs))
- [Treehouse AVAX (TAVAX)](https://thegrid.id/profiles/treehouse): tAVAX is a liquid staking token representing staked AVAX on Treehouse Protocol. It is used for earning AVAX staking yield and as collateral in DeFi applications on Avalanche. The protocol deploys adaptive yield strategies on Benqi and Aave to supplement base staking rewards with additional arbitrage returns. (Liquid Staking Tokens (LSTs))
- [Treehouse (TREE)](https://thegrid.id/profiles/treehouse): TREE is the utility and governance token of Treehouse Protocol. It is used for paying DOR querying fees, staking as collateral in the rate-setting process, distributing consensus rewards to participants, and voting on protocol governance decisions. It aligns Panelists, Delegators, and users through staking requirements and fee distribution across the DOR ecosystem. (Utility)

## Links

- [Main](https://www.treehouse.finance)
- [Documentation](https://docs.treehouse.finance/protocol)
- [Blog](https://www.treehouse.finance/blog)
- [Whitepaper](https://www.treehouse.finance/tAsset_Whitepaper.pdf)
- [Media Kit/branding](https://www.treehouse.finance/company/brand)
- [Terms of Service](https://docs.treehouse.finance/protocol/legal/terms-of-service)
- [Privacy policy](https://docs.treehouse.finance/protocol/legal/privacy-policy)
- [Governance](https://governance.treehouse.finance)
- [Governance](https://snapshot.box/#/s:treehousefi.eth)
- [Twitter / X](https://x.com/TreehouseFi)
- [Discord](https://discord.gg/treehousefi)
- [LinkedIn](https://linkedin.com/company/treehousefinance)
- [Telegram](https://t.me/TreehouseFi)

## Legal

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The following applies to both licensing models.
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP