tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).
Treehouse ETH Price Analysis
As of November 24 2024 Treehouse ETH has a marketcap of $210M.
This is {{percentagefromath}} from its all time high of $4.12248K.
In terms of its tokenomics, there's a total supply of 52K with 100% currently outstanding.
Keep in mind Treehouse ETH has a fully diluted value of $210M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
