Wrapped Ether - Celer (CEWETH)

Wrapped Ether – Celer (CEWETH) is a blockchain interoperability protocol that enables seamless access to tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. With the Celer Inter-chain Message SDK, developers can easily build inter-chain-native dApps, allowing for efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps can enjoy the benefits of a diverse multi-blockchain ecosystem, all from a single chain, thanks to the simplicity of a single-transaction user experience.

The Celer State Guardian Network (SGN) is integral to the Celer ecosystem. It is a Proof-of-Stake (PoS) blockchain built on Tendermint, serving as a message router between different blockchains. Validator nodes stake CELR tokens to participate in the consensus process of the SGN, ensuring the economic security of the Celer Inter-chain Message Framework. By utilizing the SGN’s message routing service and storing multi-signature attestations, users contribute to the network’s security and receive usage fees and block rewards in return.

Celer cBridge, a decentralized and non-custodial asset bridge, facilitates instant transfers of over 150 tokens across 40+ blockchains and layer-2 rollups. It operates on the Celer Inter-chain Message Framework and has securely processed over $13 billion in cross-chain asset transfer volume for over 350,000 unique users. With continuous expansion into new blockchains and layer-2 solutions, cBridge provides a reliable means of transferring assets, enhancing accessibility within the blockchain ecosystem.