CELR coin issuance and listing trading platform list

CELR, an ERC-20 token powering the Celer Network's layer-2 scaling solution, is traded on major exchanges like Binance, Coinbase, and Huobi for gas fees and governance participation.

Oct 28, 2024 at 02:12 am

CELR Coin Issuance and Listing Trading Platform List1. CELR Coin Issuance

CELR (Celer Network Token) is an ERC-20 utility token that powers the Celer Network, a layer-2 scaling solution for blockchain applications. The CELR token was issued through an initial coin offering (ICO) on June 10, 2018. The ICO raised $9 million from investors.

2. Listing Trading Platform List

CELR is currently listed and traded on several major cryptocurrency exchanges, including:

Binance
Huobi
Coinbase
Kraken
OKEx

3. CELR Token Use Cases

CELR tokens serve several purposes within the Celer Network:

Gas fees: CELR tokens are used to pay gas fees for transactions on the Celer Network.
Staking: CELR tokens can be staked to earn rewards and participate in network governance.
Protocol governance: CELR token holders can vote on proposals to change network parameters.

4. CELR Token Supply and Distribution

The total supply of CELR tokens is 10 billion. The tokens are distributed as follows:

33% - Celer team and advisors
29% - ICO participants
20% - Ecosystem development
8% - Community fund
5% - Seed round investors
5% - Private round investors

Conclusion

The CELR token is an integral part of the Celer Network, a layer-2 scaling solution for blockchain applications. The CELR token is used for gas fees, staking, protocol governance, and ecosystem development. The CELR token is currently listed and traded on several major cryptocurrency exchanges.

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