Treehouse launches a token buyback plan, repurchasing about 350,000 $TREE in the first week.

Golden Finance reported that on November 25, the fixed income infrastructure protocol Treehouse announced that its Token buyback proposal received an overwhelming 99.59% support on November 15, marking one of the most important decisions since the establishment of the DAO. This buyback aims to enhance market confidence and support the long-term value of $TREE. Since the completion of the TGE this year, Treehouse officially established the DAO in September, ushering in a new phase of governance led by the community. The team has repurchased nearly 350,000 $TREE in the first large-scale public market buyback, and has simultaneously published complete on-chain data to ensure transparency and verifiability. Token buybacks are similar to stock buybacks, aiming to boost the price by reducing the market circulation, conveying confidence in the value of $TREE. Treehouse believes that the value of $TREE far exceeds market expectations, and therefore adopts a regular buyback strategy to decrease circulation, benefiting long-term holders. Buyback Mechanism Highlights Source of income: Real income generated by the Market Efficiency Yield (MEY) primarily supported by the repurchase of tETH. Transparent Execution: The buyback is conducted through CowSwap on Ethereum, ensuring decentralized execution. Flexible Frequency: The buyback is conducted irregularly, at least once a week, to reduce the risk of frontrunning. Token deposit into the DAO treasury: All repurchased $TREE will be stored in the DAO multi-signature treasury, and future use must be decided by community governance.