Celer Network October Monthly Project Progress Report

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Dear Community,

Here is our October monthly 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 Technology Development Update

cBridge v2.0 contract audit completed

cBridge v2.0 back-end development testing mostly completed, and will soon run a large-scale public test

Ecosystem Cooperation

cBridge is now integrated into DODO and DODO has announced plans to join the cBridge liquidity bridge network. Users can now access cBridge directly through a link in the DODO application, enabling cross-chain and cross-layer transfers that are fully unmanaged, high-speed, and low-cost on Arbitrum, Avalanche, BSC, Ethereum, Fantom, HECO, OKExChain, Optimism, Polygon, and xDAI. In addition, through cBridge, users can perform cross-chain and cross-layer asset transfers of $DODO token on Arbitrum, Ether and BSC.

Celer Community Building and Marketing Activities

Community Updates

Telegram: 30,406

Twitter: 84,700

WeChat: 10,730

cBridge2.0 Testnet Launch

On October 19, the cBridge 2.0 test network (test-cbridge-v2.celer.network) was officially launched with a simpler cross-chain transfer process, new liquidity management and liquidity mining features. We also launched a test network feedback reward campaign, and have received hundreds of positive feedback and suggestions from the cbridge community. The feedback rewards have been fully distributed yesterday.

Celer Ambassador Program Launched

In the purpose of building the Celer community, we launched the Celer Ambassador Program on October 7 to recruit like-minded people to support our content creation, event organization, discussion hosting and translation work.

To join us, please fill out the form: bit.ly/3mtlwgL

Shanghai Science and Technology Information Service Promotion Week Showcase

On October 14, Celer was invited to the 2021 Shanghai Science and Technology Information Service Promotion Week to exhibit Celer’s R&D achievements and technical innovations in the field of blockchain layer 2 scaling to the public.

“ChainBreaker” Live Series – “Talking About Bridge”

On October 14th, Michael, Celer Core Developer, was invited to participate in the eleventh installment of the ChainBreaker Live Streaming Series, “Talking about Bridges”. Mr. Block Chris, Michael, Celer Core Developer, Michael, Poly Network, and Winkrypto Max will discuss the hot topic of cross-chain bridges.

For more details, please check out:

https://www.chainnews.com/zh-hant/articles/108940895743.htm

Celer Chinese/English Community AMA

On October 23rd and 29th, Celer co-founder Mo Dong shared the progress of cBridge2.0 beta network and cBridge2.0 main network development in Celer Telegram English group and Chinese group, answered questions from the community and conducted in-depth communication with community members.

For more details, please check out:

https://blog.celer.network/2021/10/28/ama-summary/

Great Articles to Read:

CoinPedia: The Cross-Chain Landscape is Exploding

https://coinpedia.org/news/the-cross-chain-landscape-is-exploding

NewsBTC: Are Bridges Solving the Interoperability Problem?

https://www.newsbtc.com/news/company/are-bridges-solving-the-interoperability-problem

Cryptonew: These Bridges Open the Cross-chain Ecosystem to Everyone

https://cryptonews.com/news/these-bridges-open-the-cross-chain-ecosystem-to-everyone.htm

Cryptonews: DeFi Adoption About to Get a Major Boost with the Upcoming cBridge 2.0

https://www.cryptonewsz.com/defi-adoption-about-to-get-a-major-boost-with-the-upcoming-cbridge-2-0/

Entrepreneur: Visa Developing a Universal Crypto Payment System Is an Important Sign to The Monetary World

https://www.entrepreneur.com/article/390800

Thank you for reading our October monthly report! Please join our telegram group to stay in touch and ask us questions!! We will see you next week! 

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