Treehouse, which has just been listed on Binance spot, may be a rare project with ambition and a new paradigm in this round of DeFi. Briefly analyze. The project mainly revolves around two key products: One is tAssets: you can get basic interest, such as putting it in the DeFi protocol to eat interest, and add a layer of "brick arbitrage" to earn money with the interest rate difference. The other is DOR: they want to create an "on-chain benchmark interest rate", just like the official interest rate in traditional finance, for the entire DeFi industry to refer to and make it an on-chain interest rate standard. For these two products, tAssets solves the yield problem and DOR solves the pricing problem. The former innovation is based on interest rate arbitrage, while the latter is a broader fixed income market. Once widely adopted by the market, Treehouse will no longer be a protocol, but an interest rate hub for the entire DeFi world. As we all know, in the traditional financial world, fixed income business is almost the pinnacle of the financial industry, not only making money, but also the largest business, this and traditional mapping is where this project is really imaginative. At present, the project is listed on Binance spot, and some mainstream exchanges have been listed one after another, and this new Defi protocol, especially when there is a lot of innovation and imagination space, I think it is still worth paying attention to. As the only DOR project on DeFillama, if you want to bet on the fixed income track, TREE may be your only and best choice.