TechFlow, November 25 — According to an official announcement, fixed-income infrastructure protocol Treehouse has revealed that its token buyback proposal received overwhelming support of 99.59% on November 15, marking one of the most significant decisions since the DAO's establishment. This buyback aims to strengthen market confidence and support the long-term value of $TREE.
Since completing its TGE earlier this year, Treehouse officially launched its DAO in September, ushering in a new phase of community-led governance. The team has already completed the first large-scale public market buyback, acquiring nearly 350,000 $TREE tokens, and simultaneously published full on-chain data to ensure transparency and verifiability.
Token buybacks are similar to stock buybacks, aiming to increase price by reducing circulating supply and signaling confidence in the value of $TREE. Treehouse believes the true value of $TREE exceeds current market expectations, and therefore adopts a regular buyback strategy to reduce supply and benefit long-term holders.
Key features of the buyback mechanism
Revenue source: Buybacks are funded by real revenue generated primarily from Market Efficiency Yield (MEY), mainly denominated in tETH.
Transparent execution: Buybacks are executed via CowSwap on Ethereum, ensuring decentralized operations.
Flexible frequency: Buybacks occur irregularly but at least once per week, minimizing front-running risks.
Token deposit into DAO treasury: All repurchased $TREE tokens will be deposited into the DAO multisig treasury, with future use determined through community governance.
