In the 8 bit version, there are no Treasures. There are Bonus rounds though, which are accessed via the collection of the Small Blue Planets. There is one in each level barring the boss levels. If both are collected for the planet you are on, you are sent to the bonus area after defeating the boss. There is only one area where this is not the case - Greedy's Space City (Planet Greedy in the 8 bit version).
The task is the same for each Bonus area. You have to collect all 200 big stars without falling out of the area.
Collect the stars.
Bounce on the planets.
Grab the poles.
You don't get anything rather than bonus points for getting a perfect.
Getting a perfect in every bonus and then defeating Greedy doesn't unlock anything either.
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