Published in
2 min readMar 25, 2021
TREE.finance’s main function is to contribute to charitable organizations. Our goal is simply to create a self-perpetuating DeFi engine for good works. To do that we must incentivize liquidity providers while also collecting liquidity to be used for charity.
Re-TREEat
- April 9th Charity DAOnation Event (ALL WhalerDAO members Can Vote!)
- There was a snapshot of TREE balances on 3/22/2021. Anyone who had TREE at the time of the snapshot will be eligible to claim $2 DAI and 1 new TREE per old TREE.. Our plan is to set a time-length for TREE holders to exchange their tree at $2 per TREE + New TREE coins. In the case of a user not exchanging his or her tree in the time-line specified, the remaining reserve balance will be reallocated to the development fund for future growth.
- The new $TREE token aims to fix rebasing and be more friendly to future upgrades.:
-Fix rebasing.
Vision & Path Forward:
Reserve holding in a different contract — To access the funds and distribute to $TREE holders.
Conviction voting platform — To vote on which charity TREE donates to
To Apply — Get Funded By TREE
1WhalerDAO — Now seeking active members to apply visit: https://whalerdao.org/