Celer Network is a decentralized protocol that specializes in blockchain interoperability. Dapps can be built with Celer Inter-chain Messaging SDK to take advantage of multiple blockchains at the same time, which is beneficial to both developers and users.
The network was built by developers from top universities in the US in 2017.
Celer Network consists of three interconnected products that serve their mission of blockchain interoperability:
- State Guardian Network (SGN) is a PoS blockchain that works as a message router for different chains. CELR token is needed to become a validator and to use various services of SGN.
- Layer2.Finance is a solution that makes DeFi accessible for everyone. It is comparable to the public transportation service of the DeFi world, affordable, convenient, and quick.
- cBridge is a decentralized bridge that allows the transfer of digital assets across different blockchains.
Total supply of CELR: 10,000,000,000
Circulating supply of CELR: 7,085,488,367
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