Celer Network Partners With StellaSwap
Celer Network is excited to announce that they are partnering with StellaSwap, a leading DEX on Moonbeam, to launch a liquidity mining program on the Moonbeam parachain network. With a total of $750K in rewards up for grabs, users will be able to earn mining rewards in CELR and STELLA by providing liquidity for the following pools on StellaSwap.
Liquidity mining will start on Feb 18th 1pm (UTC) and last for 30 days with 2 supported pools:
- – ceBUSD/ceUSDT
- – BNB/ceUSDT
StellaSwap is one of the first automated market-making (AMM), decentralized exchanges (DEX) for the Moonbeam parachain network. StellaSwap is committed to establishing a strong foundation with their native token, STELLA, as a governance token, diverse farms, a built in bridge and user-centered services—While at the same time, creating a broader range of network effects to address the various issues surrounding liquidity in the DeFi space.
As Celer cBridge hits $3.5B in total transaction volume and $290M in TVL in the 7 months since its mainnet release, they continue to expand their support for more ecosystems and projects. With StellaSwap, it starts with promoting the best environment for growth through liquidity bridging to the Moonbeam ecosystem. With Celer’s newly-launched Inter-chain Message Framework, they will be exploring the various opportunities in cross-chain general message passing and smart contract calls, so that StellaSwap users will be able to have a native multi-chain dApp experience.
ABOUT Celer Network
Celer Network is the leading inter-blockchain and cross-layer communication platform that facilitates fast, secure, and low-cost cross-chain composability and bridging. Celer’s core applications and middleware like the Inter-chain Message Framework, cBridge, and Layer2.Finance have attracted important blockchain contributors and massive end users in the DeFi, blockchain interoperability, and gaming spaces to build and use inter-chain native applications enabled by the Celer tech suite.
ABOUT StellaSwap
StellaSwap is one of the first automated market-making (AMM), decentralized exchange (DEX) for the Moonbeam parachain network. The unique value proposition of StellaSwap is that we’re committed in establishing a strong foundation with our native token, STELLA, as a governance token, diverse farms, a built in bridge and user-centered service.
RESOURCES
Celer Network Announcement
