What is the issue volume of CELR coins? An article introduces the application scenarios of CELR coins

CELR is a governance token designed to power the Celer Network, a decentralized infrastructure that enables fast and low-cost blockchain transactions.

Nov 02, 2024 at 03:24 am

CELR Coin Issuance Information

Total Issuance: 10,000,000,000 CELR
Circulating Supply: Approximately 6.4 billion CELR (as of March 2023)

Blockchain and Token Standard

CELR is an ERC-20 token built on the Ethereum blockchain.

Use Cases of CELR Coins

CELR coins are designed to power the Celer Network, which provides a decentralized, low-latency blockchain infrastructure. It enables:

State Channels: High-speed, off-chain micropayment transactions that are significantly faster and cheaper than traditional on-chain transactions.
Generalized State Channels: Extension of state channels to support various types of cross-chain interactions, including token swaps and cross-chain payments.
Layer-2 Scaling Solution: CELR serves as the native governance token for the Celer Network, facilitating network operations, consensus mechanisms, and incentive protocols to ensure network stability and security.
dApp Integration: Celer Network's SDK and tools allow developers to easily integrate the CELR token into their decentralized applications (dApps), enabling off-chain payment channels and other blockchain features.
Staking Rewards: CELR holders can stake their tokens to participate in network governance and earn passive income through rewards.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

ALPACA

$1.0561

360.42%

Trade Now
HOUSE

$0.0952

64.13%

Trade Now
PUNDIX

$0.5244

43.31%

Trade Now
INIT

$0.8515

29.48%

Trade Now
CTK

$0.4317

26.62%

Trade Now
GFI

$1.0151

22.69%

Trade Now

Latest Crypto News

BlackRock Just Reminded Everyone Who's Boss in the Bitcoin ETF Space
2025-04-30 16:15:12
Lightchain AI (LCAI) May Outshine Shiba Inu (SHIB) by Dominating the Meme Coin Chatter in Q2 2025
2025-04-30 16:15:12
Bitcoin (BTC) Holds Above US$94,600 as Major Altcoins Extend Losses
2025-04-30 16:10:12
Greece crowned the world's top culinary destination by TasteAtlas
2025-04-30 16:10:12
XRP Traded at $2.29
2025-04-30 16:05:13
BlackRock Launches Blockchain-Based Digital Share Class Called DLT Shares for Its $150B Treasury Trust Fund
2025-04-30 16:05:13

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...