IOSG Ventures has announced the addition of the Celer Status Guardian Network and the cBridge Mobility Bridge Network

Source: Celer Network

On September 12, IOSG Ventures announced that it has joined the Celer status Guardian network and has established a Celer verifier node. IOSG Ventures also announced that it has joined Celer cBridge liquidity Bridge network to provide liquidity.

IOSG Ventures will work with Celer to maintain the availability and security of the two-tier expansion network, and to provide a continuous and reliable infrastructure service for its ecosystem.

IOSG Ventures  Founded in 2017, it is a community-driven, research-based early Dollar fund with offices in China, the US and Singapore. IOSG focuses on the early ecology of open finance, Web3.0, and blockchain infrastructure. IOSG Dollar Fund invests in over 60 projects, including Layer 1 platform (NEAR, Polkadot, Cosmos), DeFi (1Inch, Synthetix, UMA) and more. IOSG has been actively involved in various developer communities and DAO communities, investing in the world's most promising founding teams. At the same time, as a developer-friendly fund, IOSG adheres to the long-term value theory and launches Kickstarter projects to provide funds and resources for developers who have ideas and dare to innovate.

Celer's State Guardian Network (SGN) is a scalable and decentralized "watchtower" side chain. Through a distributed State monitoring Network architecture, it ensures the continuous preservation of the State of the layer 2 Network when users are offline. And ensure the availability and security of the layer 2 state channel network. The stable operation of SGN depends on the node pledging process of CELR, and the nodes pledging CELR get blockchain rewards while guarding the layer 2 network. SGN not only improves Celer's state channel main network, but will continue to play an important role in iterations of the Two-tier expansion architecture, including hybrid rollup.

The structure of the state guard network

How do I vote for IOSG Ventures

Login Celer SGN portal, go to the Validator page and select the IOSG Ventures node.

Click "Delegate" to pledge CELR to IOSG Ventures.

How do I pledge CELR in SGN?

See the full tutorialThis article

How to become a Celer state Guardian network node?

The Celer State Guardian network is an open network, if you want to be one of the first pledge network nodes, please click hereformFill in the relevant information.

See Guardian Network Node for how to run a guardian network nodeOperation guide.

IOSG Ventures is now a cBridge liquidity Bridge network node

IOSG Ventures announced it has joined Celer cBridge liquidity Bridge Network to provide liquidity.

CBridge is an atom-based switching technology developed by Celer to support high-speed and low-cost cross-chain payment networks. Users can now use cBridge for fully unmanaged, high-speed and low-cost cross-chain and cross-layer transfers between Fantom, Optimism, Avalanche, OKExChain, xDAI, Ethereum, Arbitrum, BSC, and Polygon. CBridge plans to support more cross-chain and cross-layer transfers over the Layer2 and Layer1 blockchains in the near term.

CBridge is an important milestone in Celer's future multi-chain, multi-layer blockchain expansion ecosystem to provide a key core infrastructure for reaggregating decentralized mobility, resulting in significant improvements in interactivity and composability.

CBridge cross-chain processes

SNZ POOL, Distributed Capital and IOSG Ventures have joined the cBridge liquidity bridge network as node verifiers.

Anyone will be able to join the cBridge network by running cBridge nodes to provide cross-chain and cross-layer liquidity while generating revenue by charging fees. Related software and operation methodsee.

In addition, cBridge has helped users with more than $50 million in cross-chain funds since its v1.0 mainnet launch on July 23. Welcome to Celer cBridge:cbridge.celer.network

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