Wrapped Bitcoin - Celer (CEWBTC)

Wrapped Bitcoin – Celer (CEWBTC) is a blockchain interoperability protocol that provides users seamless access to various tokens, DeFi platforms, GameFi, NFTs, governance, and more across multiple chains. By leveraging the Celer Inter-chain Message SDK, developers can create inter-chain-native dApps that offer efficient liquidity utilization, coherent application logic and shared states. Users of Celer-enabled dApps can benefit from a diverse multi-blockchain ecosystem while enjoying the simplicity of a single-transaction user experience on a single chain.

Securing and capturing the network value of Celer is facilitated through the Celer State Guardian Network (SGN). This Proof-of-Stake (PoS) blockchain, built on Tendermint, acts as a message router between blockchains. Validator nodes must stake CELR tokens to participate in the consensus process of the SGN, ensuring the economic security of the Celer Inter-chain Message Framework. Users utilizing the SGN’s message routing service and storing multi-signature attestations pay fees to the SGN, which are then distributed to CELR stakers and validators as a reward for securing the network.

Celer cBridge is a decentralized and non-custodial asset bridge built on the Celer Inter-chain Message Framework. Supporting over 150 tokens across more than 40 blockchains and layer-2 rollups, cBridge facilitates instant transfers with zero trust. With a track record of processing over $13 billion in cross-chain asset transfer volume for over 350,000 unique users, cBridge continues to expand its support for additional blockchains and layer-2 solutions, providing users with easy access to a wide range of assets.