What is TREEB

Retreeb ($TREEB): Pioneering Social Responsibility in Decentralized Finance

Introduction to Retreeb ($TREEB)

The cryptocurrency landscape is continually evolving, introducing projects that not only seek to disrupt traditional financial systems but also incorporate core values of social and environmental responsibility. One such innovative endeavour is Retreeb, a decentralised payment protocol built on the Fantom blockchain. This project aims to revolutionise transaction methods by eliminating intermediaries, thereby enhancing transparency and ensuring equitable value distribution.

What is Retreeb ($TREEB)?

At its core, Retreeb is a blockchain-based distributed payment solution that integrates ethics, sharing, and solidarity with transaction processing. By employing a Directed Acyclic Graph (DAG) consensus mechanism, meticulously developed by the Fantom Foundation, Retreeb ensures secure and efficient transactions while enabling a unique economic framework.

The distinctive economic model of Retreeb is designed to redistribute transaction fees generated within its ecosystem. A substantial one-third of these transaction fees is allocated to social projects selected by the community, thereby providing users not just a method of payment but a means to positively impact their communities.

Goals and Objectives

Retreeb's primary objective is to create a payment system that resonates with universal values of accountability and support. By facilitating direct payment processes through blockchain technology, the project aspires to establish a platform that empowers users to support social causes while reaping the benefits of decentralised finance.

Who are the Creators of Retreeb ($TREEB)?

Retreeb is the brainchild of a team of visionaries, each contributing unique expertise to the project:

• Jérémi Lepetit: A serial entrepreneur with a decade of experience in the digital realm, he has a specific focus on blockchain and cryptographic technologies.
• Sayah El Yatim: A software developer specialising as a full-stack engineer, contributing programming expertise to the protocol.
• Quentin Lepetit: An accomplished designer with a deep background in the technology sector, his experience in founding and operating successful ventures adds significant value to Retreeb.
• Stéphanie Flacher: With 20 years of experience in banking, Flacher broadens the team's expertise into the fields of blockchain, innovation, and economic dynamics.

This blend of entrepreneurial spirit, technical knowledge, design expertise, and financial acumen underscores Retreeb’s foundation, portraying a well-rounded team committed to propelling the project forward.

Who are the Investors of Retreeb ($TREEB)?

Details regarding the specific investment organisations or foundations backing Retreeb have not been publicly disclosed. However, the support from community members and the project’s altruistic framework imply grassroots-level backing from individuals and entities that value social impact along with technological advancement.

How Does Retreeb ($TREEB) Work?

Retreeb’s operational framework is defined by its innovative use of the DAG consensus mechanism, which streamlines the transaction process, thus negating the need for miners and nodes often found in traditional blockchain architectures.

Key Functionality

1. Social Smart Contracts (SSC): At the heart of Retreeb’s unique proposition is the concept of social smart contracts, ensuring a redistribution mechanism for transaction fees among retailers, the project itself, and the social initiatives chosen by users.

2. Community Involvement: Users play a crucial role in the decision-making process, with the ability to select which social projects will benefit from the fees generated. This approach enhances community engagement and fosters a sense of shared responsibility.

3. Governance through the $TREEB Token: The Retreeb utility token ($TREEB) provides holders the opportunity to participate in governance decisions via a Proof-of-Stake (PoS) mechanism, thus allowing the community to have a say in the project’s trajectory.

4. Stablecoin Infrastructure: The project also features a stablecoin component, known as (S)TREEB, which is a single-currency stablecoin collateralised according to the user’s currency and backed by a reserve of value, further promoting transaction stability.

Timeline of Retreeb ($TREEB)

Retreeb has achieved significant milestones since its inception:

• 2019: Founding year for Retreeb, initiated by a dedicated team.
• 2021: Launch of the Retreeb utility token ($TREEB) in September.
• Ongoing: Continuous development of the project’s ecosystem, focusing on the Impact Launchpad, aimed at selecting and funding various social projects.

Key Features of Retreeb ($TREEB)

Retreeb incorporates several noteworthy features that contribute to its innovative standing in the decentralised finance sector:

1. Decentralised Payment Protocol: Operating on the Fantom blockchain, Retreeb employs a DAG consensus mechanism for streamlined transactions.

2. Social and Environmental Responsibility: The commitment to donate a third of transaction fees to social causes chosen by users marks a shift towards corporate social responsibility within blockchain ventures.

3. Governance Utility Token: Empowering $TREEB holders to partake in governance decisions establishes a participatory framework that fosters community ownership.

4. Impact Launchpad: A dedicated initiative for selecting and funding social projects ensures that the platform remains continuously aligned with its philanthropic objectives.

Conclusion

Retreeb ($TREEB) stands at the forefront of a transformative wave within the decentralised finance space, merging cutting-edge blockchain technology with a commitment to social and environmental responsibility. Through its unique economic model and governance framework, the project champions a more equitable distribution of value while providing a platform for community engagement and support for social initiatives. As Retreeb continues on its ambitious journey, it promises to reshape the way users connect with payment systems and contribute to societal improvements, ultimately setting a precedent for future projects within the DeFi ecosystem.