Celer Network 113th Project Progress Report

Dear Community,

Here is our 113th project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network.

Celer State Guardian Network Phase One Operates Normally with 35% Reward Rate

Since State Guardian Network Staking transited to Phase One, the operation has been smooth and it has been securing Celer’s layer-2 network. With the current staking ratio, SGN validators and delegators are receiving 35% annualized reward! Don’t miss it and start to STAKE Now!

We have taken these feedback into account and adjusted the launch procedure as the following and we are on schedule to launch the next phase of SGN early Jan 2021:

Phase	Timeline	Validator Set	Slashing	Daily Reward
0	now – Nov 29, 2020	Whitelisted: Celer Foundation	Disabled	0
1	Nov 30, 2020 – early Jan 2021	Whitelisted: Celer Foundation	Disabled	102,500 CELR
2	Start from early Jan, 2021	Whitelisted: Celer Foundation and Staking Partners	Disabled	205,000 CELR
3	Upon satisfying phase 2 results	Whitelisted: Celer Foundation and Staking Partners	Enabled	410,000 CELR
4	Upon satisfying phase 3 results	All Public Staking Partners	Enabled	820,000 CELR

If you are interested in becoming the first batch of whitelisted validator partner, please fill in your information here: https://yj20.typeform.com/to/f2SFn0bx

For more detailed information on our mainnet launch and questions, please join our Discord channel http://discord.com/invite/Trhab5w. We will respond ASAP!

Adoption Growth with CelerX Gaming SDK

CelerX, a game monetization SDK built using Celer Network’s layer-2 technology, are gaining rapid adoption. Games built using CelerX, such as Cash Clash Games, is approaching 1 million users by now and have more than 30,000 daily active users from all over the world.

Join Celer Network’s Discord Channel!

🙌🙌 Don’t forget to join Celer Network’s Discord channel! You will get more updates on SGN development progress, technical updates and connect with our 1K+ members!

➡️Join our discord channel NOW at https://discord.com/invite/Trhab5w

Technology:

Mobile:

Partnered with 3rd party game developer and released new title Cash Puzzle
Released reward video 1.0 version
Released new game developer portal and admin portal
Released new version of VIP center

Backend:

SGN: Add module to sync mainchain block num in sidechain
SGN: Support slashing expiration time
SGN: Make sidechain-mainchain state syncing more storage-efficient
SGN: Improve web portal UX

Community:

Twitter: 25.1K
Telegram: 23,720
WeChat: 9,210

Thank you for reading our 113th project progress report! Please join our telegram group to stay in touch and ask us questions!!

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