About

Celer Network is a blockchain interoperability protocol focused on facilitating multi-chain accessibility. It offers tools like Celer Inter-chain Messaging SDK for developers to create dApps with features such as efficient liquidity utilization and coherent application logic. Additionally, Celer provides services like cBridge for low-cost asset transfers across blockchains, and Peti, an omnichain liquidity protocol.

History

The Celer Network is building off-chain solutions for payment transactions and generalized smart contracts. It is intended to increase throughput to billions of transactions per second scaling linearly as more nodes get added to the network. The CELR token was distributed through Binance's launchpad raising $4 million.