Rank: 1457
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Blockchain Infrastructure
TRESTLE Price
Contracts/Explorers:
Ethereum
Funds and Backers
No funds found yet
Wallets
No wallets found yet
Connecting projects and users of Ethereum to the Celestia ecosystem. One trestle at a time.
IDO
30 Jan — 2 Feb 2024
Raised
$ 7.00M
Price:
$ 0.0235
ROI:
0.36x -64.3%
Platform:
N/A
ATH ROI:
1.8x +79.7%
Trestle is focused on three main projects with aims to increase decentralization and exposure of TIA to a greater audience. These three products are:
Providing wTIA on Ethereum network and managing the TIA Bridge
Paying out $TREST holders with wTIA and becoming a decentralized validator.
Acting as a TIA launchpad for new projects and onboarding existing Ethereum teams onto the TIA platform
In these three branches the protocol constantly accrues revenues through the management of each pipeline.
The bridge charges a transaction fee for each bridger, allowing the protocol to earn more through amount of TIA bridged.
The bridge also allows for the team to arbitrage between chains when there is a large spread in price between wTIA on ETH network, and TIA on Celestia network.
Through accrual of wTIA on transaction tax, Trestle Protocol will become a validator for Celestia Network, divvying up validator revenue to it's holders.
By onboarding new and existings teams onto the Celestia chain we improve TIA exposure, and charge a small bridging fee to move liquidity and tokens over
Trestle's current price is $ 0.00838, it has dropped -0.5% over the past 24 hours.
Trestle's All Time High (ATH) of $ 0.0422 was reached on 9 Mar 2024, and is currently -80.1% down.
The current circulating supply of Trestle is 526.00 Million tokens, and the maximum supply of Trestle is 1.00 Billion.
Trestle’s 24 hour trading volume is $ 56.20 Thousands.
Trestle's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 4.41 Million.
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