Check out the presale project Treehouse on #binancealpha, launching on July 29, (TREE). How to estimate the coin price and trading operations?

Background: ETH's liquidity staking yield protocol
Financing: 4 rounds, Round 1 $2.4M + Round 2 $18M + Round 3 amount unknown + Round 4 amount unknown, valuation $400M
Business: APR 2.81% TVL $573.86M Users 43.07K Audits 10+
Valuation: 1) The valuation for the second round of financing is $400M, pure nonsense, the VCs giving this valuation are all third or fourth tier mediocre Karami.
2) Comparison of TVL and FDV in the same track
Frax Ether $361.32M $320M
Stader $596.79m $100M
StakeStone $127.13M $100M
Swell Liquid Staking $123M $100M
Conclusion: The valuation of the ETH liquid staking track is generally lower than TVL. The APR given by Treehouse is far below the market average interest rate, which should rely entirely on large holders to capture airdrops. Overall, a market cap of $100M at the opening is relatively stable, and exceeding $250M would be a point to short.
Due to some information not being disclosed, analysis cannot be performed at this time. If there are any updates later in this article, they will be followed up in the comment section.