After a while, I got bored of tying, untying, retying, etc of the common tree anchor, which usually consists of a knot to the hammock end, looping the tree, and a taut line hitch. This usually doesn't take a lot of time, but I am a little bit lazy, and enjoy making new things. That's when I decided to up my game, and make a device to save me some time.
To be honest, this is inspired by the Eagle's Nest Outfitters Slap Strap System. So...this is also a DIY/Poor Man's solution to another more expensive solution. Plus it's pretty simple and on a fairly basic level, so fear not!
The basic concept is a single cord that has loops on either ends, and regularly spaced loops in between. The cord goes around the tree and through one of the end loops to tighten on the tree. Then the hammock is attached to the loop in the middle that produces the desired height of hammock off the ground.
The finished length of my cord is ~5 ft (60 in) from end loop to end loop. I've found this will fit around most trees, but you can make your cord to any length (I like to have a few extra feet, just in case).
PS. This is being entered in the Paracord contest which is on-going, vote me up!