Strudel Finance (TRDL)

Strudel Finance, the crypto

Strudel Finance (TRDL) is a decentralized finance (DeFi) platform built on the Ethereum blockchain that aims to bridge the gap between Bitcoin and Ethereum networks by creating a two-way synthetic asset pegged to Bitcoin. The platform is designed to provide investors with a reliable, secure and efficient way to trade BTC without having to leave the Ethereum ecosystem.

The point

The main point of Strudel Finance (TRDL) is to create a seamless bridge between the Bitcoin and Ethereum networks, by allowing users to trade BTC on the Ethereum blockchain. Strudel Finance achieves this by using a unique decentralized architecture that involves a multi-signature wallet and an automated market maker (AMM) to create a synthetic BTC asset that can be traded on the Ethereum network.

The problem

One of the main problems that Strudel Finance (TRDL) tries to solve is the difficulty and inefficiency of exchanging Bitcoin on the Ethereum network. As Bitcoin is a separate blockchain from Ethereum, there is no direct way to move BTC onto the Ethereum network. This often leads to users relying on centralized exchanges or custodians, which carries significant risks and costs. Strudel Finance solves this problem by creating a synthetic BTC asset that can be traded on the Ethereum network, eliminating the need for users to leave the Ethereum ecosystem to trade Bitcoin.