Hassan Maishera
The Celer Network announced via a blog post on Wednesday that it has launched cBridge support for Blast Mainnet, a native yield optimistic rollup to Ethereum. With this integration, Celer is introducing seamless token bridging to Blast Mainnet starting with the bridging of ETH. This enables users to transfer ETH between 10 different blockchain ecosystems including Ethereum, BNB Chain, Polygon, Arbitrum One, and Optimism with ease.
Blast is an Ethereum Layer-2 (L2) solution that offers native yield for both ETH and stablecoins through decentralized protocols such as ETH staking and RWA protocols, providing users with automatic returns.
The team added that they will be supporting asset and token bridging initially via the xLiquidity model, a pool-based method, for token transfers between external chains and Blast Mainnet. Additionally, there is potential to integrate Celer’s Inter-chain Messaging Framework, a generic message-passing protocol, to seamlessly enable developers to build dApps with cross-chain application logics on Blast in the future.
Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is down by 5% in the last 24 hours and is currently trading at $0.03307.
