Celer Network Announcements

2021-04-17 10:56:27 Watch Scaling Ethereum Summit and Read Audit Report

Today our cofounder Mo Dong gave the first ever presentation about Layer2.finance at Scaling ETH Summit. If you missed the talk, we strongly recommend tune in for just 20mins to get to know the key concepts of layer2.finance.

Video Link:



We are also glad to announce that audit report for the upcoming launch of layer2.finance smart contract is completed. To summarize, two medium issues are identified and two suggestions are given. One medium issue is being fixed and others are already fixed.

Read the full report from Slow Mist here: https://github.com/celer-network/layer2-finance-contracts/blob/audit/audit_report/Smart%20Contract%20Security%20Audit%20Report%20-%20Layer2%20Finance.pdf Open / Comment

2021-04-16 08:35:26 AMA with OKEx in 30mins! https://t.me/OKExOfficial_English Open / Comment

2021-04-16 01:50:54 **Call for developers!**

Wanted to learn about how to "Scaling DeFi Protocols In-place under 10mins with http://Layer2.finance SDK" Join our workshop at Scaling Ethereum: one of the most anticipated hackathon today and learn how you can build on top of layer2.finance!

Live stream here:

Open / Comment

2021-04-08 10:38:54 ropsten.layer2.finance Testnet Update!

48 hours into http://ropsten.layer2.finance Testnet, 1200+ users with 40,000+ L2 transactions. 80X Ethereum Gas Fee savings!

$32,000+ reward based on DAILY ranking, NOT TOO LATE to join

Check out Yield Hunter + Stability Master leaderboard here: https://layer2.finance/leaderboard

Retweet: https://twitter.com/CelerNetwork/status/1380061492955910145 Open / Comment

2021-04-06 06:02:52 Layer2.finance Testnet is LIVE

We are in the last stretch of our system audit and to warm things up, we are excited to launch Layer2.Finance Testnet Carnival: a series of fun and engaging gamified testing campaigns for people to test layer2.finance with. We have three fun gamified competitions and $32,000 in prizes up for grabs! We hope to:

Familiarize people with the key concepts of using layer2.finance
Test the layer2 rollup system under heavy usage pressure to ensure stability
Get UI/UX feedback to improve the experience accessing DeFi

The Layer2.finance testnet is now available and can be accessed at ropsten.layer2.finance.

Retweet: https://twitter.com/CelerNetwork/status/1379266884491599875
Check out the rules here:
https://blog.celer.network/2021/04/05/the-layer2-finance-testnet-carnival-win-32000-by-helping-us-test-defi-citys-first-subway/ Open / Comment

2021-04-05 22:06:02 Bithumb lists CELR

$CELR is now listed on Bithumb Exchange, one of the largest exchanges in Korea and the world.

We are excited to be recognized by global community!

CELR trading is live now!

Retweet: https://twitter.com/CelerNetwork/status/1379147388875501568
Announcement from Bithumb: https://cafe.bithumb.com/view/board-contents/1641767 Open / Comment

2021-04-03 03:02:04 ELI5 Layer2.Finance: The Modern Subway of the DeFi City

With layer2.finance launching soon, here is an ELI5 writeup about how it works as a subway system in the DeFi City and cuts costs by 100X to earn yield from your favorite protocols like Compound, AAVE, yEarn, Curve, Uniswap and more!

TL;DR:
The entire DeFi ecosystem is like a city with many cool yield-earning shops. However, the only way to get around in it today is by hiring an expensive private limo (individual layer1 txs to provide liquidity). This prevents non-millionaires from benefiting from DeFi.

layer2.finance is basically a subway network under DeFi City (the layer2 rollup scaling platform). Multiple people can get on the same train (i.e. pool liquidity on L1 and aggregate their demands to provide liquidity on L2) and split the costs of a single ride (one tx on L1).

It's 100% non-custodial because the whole subway system is built as a layer-2 rollup scaling platform. More importantly, it can dynamically expand to more stations and even more cities (other layer2 or layer1 chains) as the demands grow and the ecosystem evolves.

Only through the People’s Power, we can truly achieve the vision of the People’s DeFi and actually bank the unbanked. Stay tuned for the boarding call!

Like and Retweet: https://twitter.com/CelerNetwork/status/1378133634700300290
More details: https://blog.celer.network/2021/04/02/eli5-layer2-finance-the-modern-subway-of-the-defi-city/ Open / Comment

2021-03-29 22:52:58 OKEx lists CELR, $100K promotion ongoing

$CELR is now listed on @OKEx, one of the largest exchanges in the world.

Layer2 Carnival ongoing with $100K reward from @OKEx aiming to educate a broader audience about layer 2 scaling, arguably the most important topic in today's blockchain world!

AMA in OKEx community coming soon to introduce layer2.finance and Celer to a even broader audience!

CELR/USDT pair is live now!

Retweet: https://twitter.com/CelerNetwork/status/1376622023535816705
OKEx Announcement: https://www.okex.com/support/hc/en-us/articles/360059119311 Open / Comment

2021-03-29 10:26:11 OKEx lists CELR, $100K promotion ongoing

OKEx Announcement: https://www.okex.com/support/hc/en-us/articles/360059119311-OKEx-lists-MATIC-CELR-SKL-for-spot-trading Open / Comment

2021-03-29 07:33:42 https://twitter.com/binance/status/1376383051752644609 Open / Comment