Treehouse is a decentralized finance (DeFi) protocol focused on providing fixed-income products within the blockchain ecosystem. It introduces a unique financial tool known as Decentralized Offered Rates (DOR), a benchmark rate designed to enable accurate and transparent interest rates for decentralized applications. The protocol operates through Treehouse Assets (tAssets), which are liquid staking tokens that offer real yields via interest rate arbitrage. For example, users can stake Ethereum (ETH) or other assets like tETH to earn rewards beyond standard Proof-of-Stake (PoS) yields while also enhancing on-chain interest rate efficiency.The Treehouse Protocol aims to address fragmentation in DeFi interest rates by converging different yield sources into a unified rate, making the DeFi ecosystem more reliable and predictable for both retail and institutional users. The system's consensus mechanism ensures the accuracy and security of the rates through decentralized governance and economic incentives. It includes a layered structure involving stakeholders such as panelists and operators, who work together to maintain the integrity of these rates.