Celer
Celer is a layer 2 scaling platform that utilizes state channels and rollups to power applications that requires low latency and low-cost transactions.
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FAQ
What are the supported wallets for Celer?
EVM compatible wallets such as Metamask and Rabby.
Is there a fee?
We charge a 5% commission fees for running staking infrastructure. The APY shown on the dashboard is the yield before deducting commissions. As CELR staking is native to Ethereum, do ensure that you have sufficient ETH in your wallet to pay for transaction gas fees.
What is the unbonding period?
There is a 7 days unbonding period when you unstake CELR. You will not earn any rewards and be susceptible to slashing during the unbonding period.
How do I restake?
You have to manually withdraw rewards and stake again to compound returns.
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