Wrapped BNB - Celer (CEWBNB)

Wrapped BNB – Celer (CEWBNB) is a blockchain interoperability protocol allowing seamless interaction between blockchains. This protocol enables users to access tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains with a simple one-click user experience. Developers can utilize the Celer Inter-chain Message SDK to build inter-chain-native dApps, benefiting from efficient liquidity utilization, coherent application logic, and shared states. With a diverse multi-blockchain ecosystem and a single-transaction UX, Celer offers a streamlined and versatile user experience.

The Celer State Guardian Network (SGN) is integral to the protocol’s economic security. A Proof-of-Stake (PoS) blockchain built on Tendermint serves as the message router between blockchains. Validator nodes join the consensus process by staking CELR tokens. Users utilizing the SGN’s services must pay fees distributed to CELR stakers and validators alongside block rewards. This framework ensures secure message routing and the storage of multi-signature attestations.

Celer cBridge is a decentralized and non-custodial asset bridge that supports over 150 tokens across 40+ blockchains and layer-2 rollups. It operates on the Celer Inter-chain Message Framework, facilitating fast and secure cross-chain asset transfers. With over $13 billion in cross-chain asset transfer volume and expanding support for more blockchains and layer-2 solutions, cBridge offers users a reliable and convenient asset bridge experience. By enabling easy access and significantly reducing the cost of interacting with DeFi protocols, Layer2.finance serves as a “DeFi Public Transportation System” and aims to promote mass adoption of decentralized finance.