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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 completing the TGE this year, Treehouse officially established its DAO in September, entering 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 released complete on-chain data to ensure transparency and verifiability.
Token buybacks are similar to stock buybacks, aimed at enhancing prices by reducing market circulation, conveying confidence in the value of $TREE. Treehouse believes that the value of $TREE far exceeds market expectations, thus adopting a regular buyback strategy to lower
TREE0.86%

