
Wrapped Fantom - Celer (CEWFTM)
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About Wrapped Fantom - Celer
Wrapped Fantom – Celer (CEWFTM) is a blockchain interoperability protocol that allows users to seamlessly access tokens, DeFi, GameFi, NFTs, and governance across multiple chains. With the Celer Inter-chain Message SDK, developers can create inter-chain-native dApps, benefiting from efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps can experience a diverse multi-blockchain ecosystem with the simplicity of a single-transaction user experience, all from a single chain.
Celer Network’s State Guardian Network (SGN) serves as the message router between different blockchains and uses a Proof-of-Stake (PoS) consensus mechanism. Validator nodes stake CELR tokens to secure the network and are rewarded with fees for their work. The Celer cBridge is a decentralized and non-custodial asset bridge supporting over 150 tokens on 40+ blockchains and layer-2 rollups. Using the Celer Inter-chain Message Framework, cBridge enables instant, secure, and trustless cross-chain asset transfers.
Layer2.finance is a solution Celer Network offers to address the high transaction fees and complexity of using DeFi protocols. It acts as a “DeFi Public Transportation System,” providing easy access to all existing DeFi protocols at a fraction of the cost. Users can leverage Layer2.finance to navigate and use DeFi more efficiently and user-friendly. Whether it’s lending, NFT markets, yield aggregators, or DAO governance, the Celer Inter-chain Message SDK empowers developers to build exciting inter-chain dApps across various industries.
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