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Celer Network Announces cBridge Support for Gravity

Share on X icon · Published 2 years ago on August 22, 2024 · Hassan Maishera

Celer Network announced in a blog post on Wednesday that it has launched cBridge support for Gravity, an omnichain smart contract platform.

Celer Network Announces cBridge Support for Gravity

Celer Network announced in a blog post on Wednesday that it has launched cBridge support for Gravity, an omnichain smart contract platform. 

With this integration, Celer is introducing quick and easy token bridging to Gravity, starting with the bridging of the Gravity (G) token, the native token for the Gravity network. This enables users to transfer this token easily between a multitude of different blockchain ecosystems, including Gravity, Ethereum, and BNB Chain. 

The team added that Celer is initially supporting asset bridging via a liquidity pool-based method for G token transfers between external chains and Gravity. 

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, its native token, has risen 2% in the last 24 hours and is currently trading at $0.01196.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.