Celer cBridge
ValidatedDeFi
Bridge
CELR$0.01308+1.36% ↑
Secure, low-cost and fast asset and NFT bridge.
- 759 Followers759 Followers
- 455 Likes455 Likes
About Celer cBridge
Celer cBridge is a decentralized and non-custodial asset bridge that supports transfers of 150+ tokens across 40+ blockchains and layer-2 rollups. Built on top of the Celer Inter-chain Message Framework, cBridge has processed ~$12B cross-chain asset transfer volume for more than 160K unique addresses.
Celer Network is a pioneering blockchain interoperability protocol that enhances communication across multiple blockchains. It offers a seamless and efficient platform for developers and users to interact with tokens, DeFi applications, GameFi, NFTs, and other blockchain-based services. Utilizing its advanced Inter-chain Messaging (IM) framework, Celer cBridge Network provides a user-friendly experience that consolidates multiple blockchain interactions into a unified interface. The platform's mission is to simplify and democratize access to a diverse range of decentralized applications (dApps), ensuring a smooth and integrated experience for all users, irrespective of the underlying blockchain technology.
Celer cBridge Magic Store Validation Score
See Results ››Celer cBridge Review Score by Real Users
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CELR Token Price Chart (Real Time)
Token Statistics
- Market Cap$73,838,303.00
- Volume$6,627,991.00
- Circulating Supply5,645,454,935.827
- Max Supply10,000,000,000
- FDMC$130,792,476
About Celer Network Token
The CELR token is integral to the functioning of the Celer Network, which aims to provide efficient scaling solutions and cross-chain interoperability for various blockchain ecosystems. As a utility token, CELR is employed for multiple purposes within the network, ensuring the smooth operation and security of Celer’s infrastructure.
One of the primary uses of CELR is staking within the State Guardian Network (SGN). The SGN is a decentralized validator network that plays a critical role in maintaining the security and reliability of Celer’s off-chain and cross-chain services. By staking CELR tokens, participants help secure the network and, in return, earn staking rewards, which are distributed periodically. This staking mechanism not only incentivizes participants to contribute to the network’s security but also aligns the interests of token holders with the long-term success of the Celer Network.
In addition to staking, CELR tokens are used for governance purposes, allowing holders to vote on important protocol upgrades and decisions that shape the future direction of the network. This decentralized governance model empowers the community to have a direct impact on the development and evolution of Celer’s ecosystem.
CELR is also used for paying transaction fees within the Celer ecosystem, including fees for using cBridge, which is a cross-chain bridge that enables the seamless transfer of assets across different blockchains. The use of CELR for transaction fees helps to create a demand for the token, further integrating it into the network’s operations.
The CELR token is available on various major cryptocurrency exchanges, including Binance, Coinbase, and KuCoin, making it accessible to a broad audience of users and investors. This availability on reputable exchanges ensures liquidity and allows for active trading and utilization within the Celer ecosystem.
Celer cBridge Magic Store Trust Score
- Audit Score
- 6No. Of. Audits
- HighScore
- Security Validators Score
- 16.01.2024Validation Date
Celer cBridge User Trust Reviews
Celer cBridge FAQ
Celer Network acts like a universal translator for blockchains, simplifying communication and transactions between them. Its Inter-chain Messaging framework allows for a seamless experience across different chains, making it as easy as switching channels on your TV.
Yes, you can! With Celer's cBridge, think of it as a teleportation device for your digital assets, including NFTs. Move them across supported blockchains effortlessly and securely, without needing to worry about technical complexities.
Peti is like a Swiss Army knife for liquidity because it offers multiple tools in one: high efficiency, zero slippage for large trades, and MEV protection. It’s designed to handle complex liquidity needs effortlessly, making it versatile and reliable.
Celer’s Peti protocol includes MEV protection, which acts like a shield against front-runners and other malicious actors. It ensures that your transactions are executed fairly, without being manipulated for someone else's gain.
In a way, yes! Celer cBridge Network provides the foundational infrastructure that allows decentralized apps to interact across different blockchains. It’s like the glue that binds diverse blockchain ecosystems, enabling a cohesive user experience and expanding dApp functionalities.
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