Celer Network CELR | Blockchains Connected
Celer is a multi-blockchain operating system that uses smart contracts paired with the State Guardian Network (SGN) to enable seamless multi-blockchain interoperability.
Celer Token (CELR) – The Celer Network protocol is powered by its native utility token $CELR. Used for staking, network value accrual and fee payments to the SGN for services.
cBridge – cBridge is a decentralized, non-custodial, multi-blockchain asset bridge that allows for instant transfers and supports over 40 different tokens across 21 different blockchains and layer-2 rollups.
Celer IM – The Celer Inter-chain Message (Celer IM) SDK allows developers to build seamless inter-chain-native dApps with efficient liquidity utlitization, application logic, and shared states.
Multi-blockchain dApps – Celer IM-enabled dApps will allow users to enjoy the advantages of a multi-blockchain ecosystem with the simplicity of a single-transaction UX from a single chain.
Layer2.finance (DeFi) – Layer2.finance is a Celer Network product that allows users to access all existing DeFi protocols at a low cost. Reduced transaction fees and easy navigation allows for mass DeFi ecosystem adoption.
Celer SGN – The State Guardian Network (SGN) is a Tendermint-based PoS blockchain that offers L1 level security. Serves as the message router between various blockchains.
Staking – To participate in the consensus process of the SGN, validator nodes have to stake CELR tokens. Staking $CELR helps to secure the Celer IM Framework and capture network value.
CelerX – CelerX is a mobile eSports platform that provides skill-based games across major genres where players can compete in tournaments to win real money and prizes.
WEBSITE: https://www.celer.network/
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