TREE aims to be a profit engine for funding charitable causes. TREE is the first project of WhalerDAO. The TREE token features an elastic supply, meaning its quantity fluctuates based on demand to maintain a roughly stable price. Every 12 hours, TREE checks its price against DAI. If its above peg (1 DAI), additional TREE tokens are minted. Of these minted TREE tokens, 10% are distributed to Uniswap liquidity providers, 10% go to the charity fund, and 80% are sold for DAI and sent to reserves. These weights can be adjusted through governance. The TREE token also serves as a governance token, allowing holders to decide which charities receive funds from the charity fund.