|All Time High:|
|Market Cap: |
|The price of #CELR today is $0.015 USD.|
The lowest CELR price for this period was $0, the highest was $0.015, and the exact current price of one CELR crypto coin is $0.01537.
The all-time high CELR coin price was $0.19.
Use our custom price calculator to see the hypothetical price of CELR with market cap of BTC or other crypto coins.
|The code for Celer Network is #CELR. |
Celer Network is 3.5 years old.
|The current market capitalization for Celer Network is $110,771,265.|
Celer Network is ranked #193 out of all coins, by market cap (and other factors).
|The trading volume is big today for #CELR.|
Today's 24-hour trading volume across all exchanges for Celer Network is $1,804,789.
|The circulating supply of CELR is 7,205,488,368 coins, which is 72% of the maximum coin supply.|
Celer Network 78th Weekly Project Progress Report (3/2–3/6)
Dear Community, Happy Weekend! 🙌 Here is our 78th weekly project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network.Download CelerX now at https://celerx.app CelerX augments some of the most played skill-based casual game types, such as puzzles, reflection games, board games, trivia and simulated sports, with multiplayer real-money tournaments. Users can practice for free and pay tournament entry fees to earn real cash. CelerX also offered as a white-label developer SDK to allow developers to publish their own games as part of CelerX mobile app or as a standalone mobile game. CelerX also differentiates with advanced blockchains technology to enable global access to the platform in 131 different countries and to allow advanced cheating detection in the games.Technology: — Mobile:. — Internally testing loyalty and replay featuresWorking on league feature — Backend:. — Operational support for incoming new product releaseImplement sidechain governance mechanismImplement basic token transfer rollup sidechainCommunity:Twitter: 19.2KTelegram: 23,336WeChat: 9,653 Thank you for reading our 78th weekly report! Please join our telegram group to stay in touch and ask us questions!! We will see you next week! 🙌Follow Celer Network: Website| Telegram | Twitter | Youtube | Facebook | Meetup | Medium...
Celer cEconomy Launch Plan — State Guardian Network Testing Plan
Celer cEconomy Launch Plan — State Guardian Network Testing Program Continuing with our phase 1 liquidity backing alpha testnet, we now start the registration for our EXCLUSIVE State Guardian Network Testnet, one of the major components in Celer Network cryptoeconomic, the cEconomy! State guardian network (SGN) is an efficient, general-purpose and scalable decentralized “watchtower” that ensures the state channel state security and smooth usability. It provides highly reliable and decentralized services including client channel state protection, delegated payment receiver, and app connectivity oracle through CELR staking in a decentralized sidechain construct. State Guardian Network is built as a general-purpose layer-2 state watch tower service and can be used in many other settings. For a more detailed description of the motivation and design of SGN, please refer to our Celer core architecture document at www.celer.network/docs/celercore. What is the State Guardian Network?Main chain smart contracts specify and enforce the fundamental rules and configuration of the watchtower services including roles, stakes, delegation, rewards, punishments, and fees for all SGN roles.Delegators stake their CELR tokens on the main chain contracts to vote on validators and governance proposals. Delegators receive rewards proportional to their stakes in two forms: state guarding fee payments and also block rewards on the sidechai...
Celer Network Roadmap Update
Dear Celer community, We previously reflected on our achievements in 2019 and recently announced a series of exciting updates including launching the production-grade Lyra mainnet upgrade, releasing the world’s first open-source state channel network full node code, launching open-source State Guardian Network testnet, announcing our move to add PoS-Rollup sidechain with full EVM compatibility and Web3 foundation partners with us to bring Celer as Polkadot’s layer-2 scaling solution. With all the exciting development, we want to take some time and look ahead to discuss our strategy for the future and list out some milestones that we are hoping to achieve together with our great community in the year 2020.Strategy Grow to mass adoption: With the clearly identified market and exciting early success, we are doubling down on our first adoption direction of skill-based real money game and we are confident to show exciting and high growth on both user and developer fronts in 2020. Continue to lead and deliver in state channel technology space: we will continue to lead the technology advancement and deliver planned milestones on our existing roadmap of state channel network. Expand our layer-2 technology vision beyond state channel: Since early 2019, we envisioned a layer-2 future with a coherent and “continuously tunable” scalability platform. Celer started from State Channel Network technology and has firmly established ...
Celer Network 76th Weekly Project Progress Report (2/23–2/27)
Celer Network 77th Weekly Project Progress Report (2/23–2/27) Dear Community, Happy Weekend! 🙌 Here is our 77th weekly project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network.Past Events: — 1. Interview with This Week in Crypto. — This week, our co-founder Mo did a live stream interview with This Week in Crypto. Watch the live stream recording for more details. This Week in Crypto @weekincrypto — 2. Standford Conference Meetup. — Our co-founders Mo and Xiaozhou had a meetup with other industry leaders during the Standford Blockchain Conference. A lot of insightful ideas have been exchanged during the meetup. — 3. Polkadot Will Feature Layer Two Scaling Thanks to Celer Network. — Celer Network will develop its layer-2 solutions for Polkadot, an upcoming blockchain network developed by Web3 Foundation and supported by Parity Technologies. The sidechain scaling solution is positioned to improve performance beyond what is possible with layer one scaling. Polkadot Will Feature Layer Two Scaling Thanks to Celer NetworkTechnology:Mobile:Finished replay featureFinished daily check-in featureSubmitted redesigned CelerX app for AppStore reviewBackend:Complete implementation of next phase CelerX featuresBegin integration testing across CelerX componentsOperational support and impr...
Celer Network 76th Weekly Project Progress Report (2/17–2/21)
Dear Community, Happy Weekend! 🙌 Here is our 76th weekly project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network.Past Events: — 1. ETHDenver Recap. — We had an awesome time at ETHDenver 2020. It was amazing to meet all of the developers, community supporters, and blockchain enthusiasts who stopped by at our booth! During the event, we’ve announced several exciting milestones with the community. Read our recap article to see what happened during ETHDenver this year. Celer Network at ETHDenver 2020 — 2. Adding Celer Layer-2 Scalability to Polkadot. — Celer Network and Web3 Foundation are partnering to develop advanced layer-2 scalability on the Polkadot ecosystem. Read more here: Adding Celer Layer-2 Scalability to Polkadot — 3. Adding Hybrid PoS-Rollup Sidechain to Celer’s Coherent Layer-2 Platform on Ethereum. — The Celer Network team is excited to announce that we are adding a hybrid PoS-Rollup sidechain to the Celer’s coherent layer-2 scaling platform with EVM-compatibility on Ethereum. Adding Hybrid PoS-Rollup Sidechain to Celer’s Coherent Layer-2 PlatformTechnology:Mobile:Preparing the new CelerX app for next week’s releasePreparing the improved Solaire game for next week’s releaseFixed bugs and improved stabilityBackend:Continue implementing next phase Celer...
Celer Network at ETHDenver 2020
We had an awesome time at ETHDenver 2020. It was amazing to meet all of the developers, community supporters, and blockchain enthusiasts who stopped by at our booth! — Celer Network ETHDenver Bounty Winner and ETHDenver Finalist - — @CelerNetwork First of all, let’s congrats to our cGamer award winning team — 1 Million Blocks also winning the ETHDenver finalist. We are really excited to see them using layer-2 scaling to build super smooth UI/UX games on Ethereum. Ben and Pablo did a great job integrating CelerX gaming SDK, with only 2 lines of code, developers can easily integrate and monetize their HTML5 games. Let’s hear what Ben and Pablo has to say about their experience: medium.comPablo: “I’ve always wanted to build more applications and try to see how you can monetize different software that’s available online. That’s when I saw CelerX. It’s very easy to implement. You can take almost any game and put these features inherently gives blockchain values. You can now bet among friends and play online games.” Check out CelerX Gaming SDK yourself and start to monetize your game: Home — Celer Open Source Lyra Mainnet Upgrades - During ETHDenver, we released our second version mainnet — the Lyra Mainnet with production-grade open source code. The state channel network’s full node code only requires less than 10MB minimal memory and can support 1,000 clients on on...
Adding Celer Layer-2 Scalability to Polkadot
Celer Network and Web3 Foundation are partnering to develop advanced layer-2 scalability on the Polkadot ecosystem. Through this collaboration, Celer Network will build its advanced State Channel Network technology as a pallet and will consider using it as the foundation for a dedicated parachain enabling nearly instantaneous, low-cost and trust-free transactions. By utilising the Substrate blockchain framework, Celer will be able to leverage flexible and high-performance blockchain constructs, enabling efficient optimizations that significantly lower operational costs, improve performance, and permit new functionality not previously possible. Web3 Foundation has selected Celer Network as a recipient of a Web3 Foundation Technical Grant and will offer technical resources to support a successful integration. Celer Network expects to deploy the initial integration within the next two quarters.Boost an interoperable future with layer-2 scalability Polkadot is a scalable sharded chain and the first protocol that provides a secure environment for cross-chain composability of multiple applications and protocols. Though this architecture significantly increases horizontal transactional capacity by distributing transactions across multiple parallel blockchains (“parachains”), these transactions can still be subject to high latency which can adversely affect user experience when interacting with blockchain applications. Users are e...
Adding Hybrid PoS-Rollup Sidechain to Celer’s Coherent Layer-2 Platform
Adding Hybrid PoS-Rollup Sidechain to Celer’s Coherent Layer-2 Platform on Ethereum The Celer Network team is excited to announce that we are adding a hybrid PoS-Rollup sidechain to the Celer’s coherent layer-2 scaling platform with EVM-compatibility on Ethereum. This new addition complements Celer’s existing state channel network technology and allows Celer to offer dApp developers and users a wide range of tunable tradeoffs in terms of trust level, supported features, transaction throughput, latency and cost, all under a single unified framework. Celer’s State Guardian Network (SGN) is shared among different layer-2 technology pieces as a cornerstone to serve different crypto economics functionalities: watchtower for state channel network component, block validator for PoS side-chain component and block producer for optimistic rollup component. Specifically for Celer’s Optimistic Rollup component, we introduce a new approach to use Celer State Guardian Network as a rollup block producer to solve the incentive design problems around tx aggregation, ordering and state storage. We have open-sourced the first-stab of our Proof-of-Concept based on Optimism’s work with additional functionalities added for this new SGN-as-block-producer architecture. With a track record of delivering production-grade software and pushing adoption via user-facing applications, we are committed to contributing to and being a part of the ...
Celer Network 75th Weekly Project Progress Report (2/10–2/14)
Dear Community, Happy Weekend! 🙌 Here is our 75th weekly project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network.Ongoing Events: — 1. Celer Team is at ETHDenver this weekend. — We’re at ETHDenver with exciting milestones! 💻BUIDL: monetize your dApps with Celer SDKs 🎮PLAY: Win $2000 CelerX crypto tournament! 🎬LAUNCH&STAKING: Mainnet upgrade and State Guardian Network’s Testnet! Read more here: Celer →ETHDenver with fun games, dApp monetization, mainnet upgrades, staking and one more… — 2. Celer Network’s mainnet upgrade, Lyra, launches on Ethereum!. — We have open-sourced the world’s first multi-hop-networked state channel “full node”. Celer enters a new era of network growth with a 3-phase plan. Read more: Celer’s Lyra Mainnet Launches with Production-grade Open-source Code — 3. Celer Launches State Guardian Network Staking Testnet with Open-source Code Release. — Celer launches open-source State Guardian Network Testnet, an efficient, decentralized and general-purpose infrastructure to ensure security and offer great usability of state channel network and other layer-2. Staking test program details will follow. Read more: Celer Launches State Guardian Network Staking Testnet with Open-source Code Release — 4. Introducing CelerX’s newest...
Celer Launches State Guardian Network Staking Testnet with Open-source Code Release
Celer Network team is proud to announce the Testnet launch and open source code release of Celer State Guardian Network (SGN), a major part of our cEconomy constructs. State guardian network (SGN) is an efficient, general-purpose and scalable decentralized “watchtower” that ensures the state channel state security and smooth usability. It provides highly reliable and decentralized services including client channel state protection, delegated payment receiver, and app connectivity oracle through CELR staking in a decentralized sidechain construct. State Guardian Network is built as a general-purpose layer-2 state watch tower service and can be used in many other settings. For a more detailed description of the motivation and design of SGN, please refer to our Celer core architecture document at www.celer.network/docs/celercore. You can sign up here for upcoming early-bird testing programs for validators and delegators.What is State Guardian Network? The figure above shows the high-level SGN architecture. This decentralized watch tower mainly consists of four components: smart contracts, CELR token delegators, sidechain validators, and sidechain users. Below we briefly describe each component:Main chain smart contracts specify and enforce the fundamental rules and configuration of the watchtower services including roles, stakes, delegation, rewards, punishments, and fees for all SGN roles.Delegators stake their CELR tokens...
More Celer Network (#CELR) News
|Celer Protocol Attacked: Around $240K Worth of ETH Stolen
The blockchain interoperability protocol, Celer Network's cBridge project, became the target of a DNS hijacking attack.
The team notified the community about suspicious DNS activity on August 17th. After investigation, it was found that the UI hijack was designed to redirect users to interact with the compromised smart contracts and ultimately drain their balances. The cBridge frontend UI was turned off to protect users.
The attacker was able to drain around 128 ETH (~$240,000) before the exploit was discovered, then transferred to Tornado Cash crypto tumbler.
Celer revealed that the team managed to respond quickly to the attack. As a result, only a small portion of users are affected. The interoperability platform said it will fully compensate all those affected during the breach and urged users to first revoke approval to the compromised contracts.
'The Celer protocol and smart contracts were not affected during the breach. Celer DNS root record was not compromised and was never modified.'
The incident comes barely a week after the popular DeFi protocol Curve Finance suffered a frontend attack, which resulted in the hacker draining over half a million dollars worth of Ether.
The attacker was believed to have raked in approximately 363 ETH (~$617,000 at the time).
The Celer breach, according to the team, also appears to be similar to that of Curve Finance, which targeted third-party DNS providers/ISPs that are out of the project's own control domain.
'DNS poisoning can h...
|Celer cBridge launches xAsset V2 for omnidirectional cross-chain transfe...
Celer, the blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains, announced today that a new version (V2) of xAsset has been released on cBridge.
Tokens bridged in V2 can be transferred not only between one source chain and one of the multiple supported destination chains but can now move freely between any two supported chains without the prerequisite of pre-minted liquidity or any liquidity routing.
The cBridge xAsset model serves the purpose of bridging a token from its origin chain to a new chain where the token doesn't yet exist. Different from xLiquidity – a cBridge liquidity-pool-based bridging model, xAsset locks a token on the origin chain and mints a replica of the token on the destination chain.
V1 vs. V2
xAsset V1 allows tokens to be transferred between a source chain and one of the many supported destination chains in the lock-and-mint model. However, to enable bridging between the destination chains for the same asset, liquidity pools need to be created, which lead to counterparty risks for liquidity providers and lower liquidity utilization efficiency in cross-chain transfers.
In new xAsset V2, Celer removed the necessity of liquidity provision. As long as the xAsset is created by cBridge, a burn-and-mint model will be employed between the destination chains to support omnidirectional bridging. This enables 100% liquidity utilization while providing a di...
|Polygon-built prediction market protocol SX Network integrates Celer cBr...
SX Network, a prediction market protocol built on Polygon, today announced the implementation of the Celer cBridge on SX Network. Users can now bridge tokens into SX Network through cBridge.
Celer enables the seamless bridging of assets between EVM-compatible blockchains and ERC-20 tokens. Users will be able to bridge USDC, WETH, DAI, USDT, WBTC, and more via the cBridge between Ethereum and SX Network quickly, securely, and with low transaction costs.
Users can also now bridge MATIC and WMATIC between Polygon and SX Network.
The first stage of this integration will incorporate the mint and burn bridge model. The Celer liquidity pool model, which includes full Polygon token bridging, will be rolled out in a future release once a proposal is passed through the Celer Network governance process.
This integration is the first step in the shared aligned vision of the two teams 'as SX Network, the first Polygon Edge Network, is poised to scale its ecosystem in becoming a key platform for prediction markets, DeFi and NFT applications, and we're delighted to seamlessly connect SX Network and its burgeoning ecosystem to the greater blockchain community,' said Dr. Mo Dong, Celer's Co-Founder.
The post Polygon-built prediction market protocol SX Network integrates Celer cBridge appeared first on CryptoNinjas.
|$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set ...
While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve's top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different blockchain networks including Ethereum, Solana, Terra, Polygon, and Kusama.
Lido's Staked Assets Represent Close to 9% of the $214 Billion Locked in Defi
According to defillama.com, there's $214 billion total value locked in decentralized finance at the time of writing. Presently, the largest defi protocol in terms of TVL size is Curve Finance, the decentralized exchange (dex) platform. Today, Curve dominates the pack with $20.71 billion and a dominance rating of around 9.67%, according to defillama.com statistics on April 20, 2022.
As far as TVL in defi protocols is concerned, Curve has led the pack for weeks on end, but the liquid staking solution Lido may take the reins soon. Lido's TVL, at least according to today's defillama.com metrics, is $18.97 billion, up 16.02% over the last 30 days. Lido has seen significant usage because the defi protocol allows Ethereum, Solana, Terra, Polygon, and Kusama users to use their staked assets to gain yield on top of yield.
So if a user decided to bond Terra's LUNA into the token called BLUNA, they would exchange LUNA for BLUNA to start getting staking rewards. Meanwhile, in addition to the bond stake, BL...
|Derivatives exchange SynFutures adds new multi-chain trading with Celer ...
SynFutures, a decentralized derivatives exchange, announced today a new partnership with layer-2 scaling platform Celer Network. Celer will bring multi-blockchain futures trading to SynFutures, enabling users to list and trade futures on any Celer Network partner chains.
Celer Network is an inter-blockchain and cross-layer communication platform that transforms how multi-blockchain dApps are built and used by connecting users, dApps, and chains in a frictionless flow.
Developers can build interchain-native dApps using the Celer Interchain Message (IM) SDK with efficient liquidity utilization, coherent logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the ease of a single-transaction UX from a single chain.
“With Celer IM Framework, dApp developers can focus on building and optimizing the core features of their products, while Celer IM takes care of an intuitive cross-chain user experience. We look forward to seeing how Celer IM can facilitate a native in-app cross-chain futures trading experience.”
- Rachel Lin, Co-Founder & CEO at SynFutures
SynFutures + Celer
Firstly, SynFutures integration with Celer Network will start from the cross-chain liquidity provisioning functionality enabled by a combination of Celer cBridge and Celer Interchain Message Framework.
With this, liquidity providers from any chain can easily provide and manage liquidity on SynFutures from any blockchain of choice with...