Safle partners with Celer Network to Enable Multi-Chain Open Canonical bridging for $SAFLE
Safle is delighted to announce yet another new partnership! We have partnered with Celer Network and have completed the integration of our ecosystem’s native SAFLE token on cBridge. Through this integration, users will now be able to bridge their SAFLE directly between Polygon, Ethereum and BSC — allowing them to gain access to cBridge’s fast finality speeds and extremely low costs!
Cross-chain liquidity on the SAFLE token is in high demand due to our project’s network-agnostic approach to liquidity provision. After considering several existing bridging solutions, we have chosen to adopt the Open Canonical Token Standard to avoid binding ourselves to a singular bridging solution, allowing different bridges to concurrently serve the project. SAFLE holders can find a quick and easy tutorial for how to use cBridge for cross-chain transfers here.
Enabling bridging of the SAFLE token is the first step in the aligned vision of Safle and Celer. With Celer’s generalized message passing SDK coming close to its release, the two teams will discuss more opportunities in offering SAFLE users access to a wide spectrum of DeFi scenarios on different chains with a unified user experience in the near future.
A setback only paves way for a comeback! WGMI SafleNauts.
About Celer Network
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 Layer-2 scaling with advanced Rollup technology. Core applications and middleware like cBridge, layer2.finance, and more ecosystem applications built on Celer have attracted large audiences in the DeFi, blockchain interoperability, and gaming spaces.
Learn more about Celer: https://www.celer.network
A next-generation non custodial wallet, self sovereign identity protocol and Web 3.0 infra. provider for the decentralised ecosystem, governed by the community. Safle is a decentralised blockchain identity wallet that enables secure private key management and seamless experience for dApps, DeFi and NFTs. In order to maintain a balance between developers and retail users, Safle intends to develop a wallet infrastructure in a completely non-custodial fashion using Open Governance Mechanisms via the SafleDAO coordinated and maintained by the Safle token economy. The native $SAFLE token will not only enable token holders to propose and vote on changes (governance privileges) to functionalities and feature sets of the wallet and node services, but will also create a self-sustaining token economic model where value will be generated by providing access to finance and identity in the decentralised digital world.