Chemix Ecosystem Partnership With Celer Network

Published on: 07.01.2022

Chemix Ecosystem is a DeFi service system which aims to build a market for illiquid equity or tokens of early-stage crypto companies. CEC is the governance token of Chemix Ecosystem. CEC is used in Chemix Launchpad as issuance threshold for auctions, in Chemix Labs as algorithm adjustment adaptor for QSD, in Chemix DID as minting consumption threshold for NFTs, and be used in Chemix Ecosystem’s governance voting as a powerful tool.

Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology.

Recently, Celer Network and Chemix announced strategic partnership. From now on, cBridge now supports bridging $CEC between Ethereum and Binance Smart Chain with extremely fast finality speeds and low costs.

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