將 Demeter DEO 轉換為 Treehouse ETH TETH

Ceres is the first project to build on the SORA network. They specialize in developing DeFi services and utilities for projects on the SORA network and tokens on Polkaswap. There are also three airdrop tokens for Ceres holders: Demeter, Hermes and Apollo. Each of the tokens will have its own platform with different purposes. Fees from those platforms will be used for burning and other ecosystem uses. Demeter (DEO) is the first airdrop token with its platform called Demeter Farming Platform. Users are able to farm in multiple pools with the same LPs. Furthermore, all liquidity providers in Demeter Farming pools will get PSWAP rewards the same as before because they will not give their liquidity to the platform as is the case with smart contracts on ERC-20, BSC, and other networks. The Demeter Farming platform is not only beneficial to users who seek to put the tokens they are hodling to work. This platform provides Farming-as-a-Service feature which other projects can use to create farming for their tokens without coding. Demeter (DEO) token will have the first Play-to-Earn game on SORA - DEO Arena in which users will use DEO token for playing the game.

tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).