Question 1

What is CELR?

Accepted Answer

CELR is Celer Network's protocol utility token. Celer's technology supports messaging and asset transfers between different blockchains; CELR is used for staking in its State Guardian Network (SGN) and for protocol governance, so it is connected to network security and parameter decisions. CELR does not represent equity in a Celer-related company, nor does it grant holders rights to company revenue, profits, or investment returns. Holding tokens, participating in network staking, and owning company equity are different concepts.

Question 2

What role does SGN play in Celer?

Accepted Answer

SGN is Celer's proof-of-stake network. It routes messages between different blockchains and uses staked CELR as part of its security mechanism. Cross-chain operations do not merely execute separately on two chains; they also require a verifiable process of transmission and coordination to establish whether an event or message on one chain can be accepted by another chain, and SGN serves this function. Therefore, SGN is connected to Celer's cross-chain messaging and fund-transfer products, but it is not equivalent to each underlying chain itself, nor does it mean that all cross-chain outcomes can be guaranteed to complete immediately regardless of the application, chains, and transaction conditions used.

Question 3

How can I participate in CELR staking?

Accepted Answer

CELR can be staked to SGN to participate in its economic security. Participants may operate validator nodes themselves and assume node-operation responsibilities; they may also delegate CELR to validators, which perform node duties on their behalf. Delegation does not transfer node work to the delegator, but instead allows the delegator to participate based on the operation and performance of the selected validator. Choosing a validator is an important part of this process: validators are responsible for node operations, and delegators do not need to run a full node themselves, but their participation outcomes are affected by that validator's performance and network rules. Specific staking entry points, available networks, and unstaking conditions should be based on SGN's official interface and rules in effect at that time.

Question 4

What functions and risks does staking CELR involve?

Accepted Answer

The primary role of staking is to place CELR within SGN's security and participation framework, rather than simply holding tokens. Validators operate nodes, while delegators participate through validators; any applicable rewards depend on network rules, participation status, and the operation of the selected validator, and cannot be inferred from the amount held alone. Staking also carries conditional risks: if a validator fails or violates network rules, staked assets may be penalized; delegators must also bear the effects of validator selection, lockup or exit arrangements, and changes in the token's market price. Specific reward, penalty, and unlocking parameters should be based on the SGN rules in effect at that time.

Question 5

What is CELR's governance use?

Accepted Answer

CELR can be used for SGN governance. Governance addresses protocol-layer parameters and changes, such as which blockchains and tokens are supported, fee configurations for different chains or tokens, and matters such as new modules or SGN upgrades. These rights concern participation in protocol rules, rather than a claim on company operating income. Whether a governance decision takes effect, when it is implemented, and which products it affects depend on the relevant governance process and actual deployment; submitting or voting on a proposal should not be regarded directly as a completed network change.

Question 6

What is the relationship between CELR and cBridge?

Accepted Answer

cBridge is one of Celer's cross-chain products, and SGN performs roles including shared liquidity-pool management, node scheduling, and service-quality coordination within it. In other words, the asset-transfer experience in cBridge involves not only the sending and receiving chains, but also these network-level coordination functions. CELR's relationship with cBridge stems from its staking and governance roles in SGN: the network mechanisms supported by CELR serve products such as cBridge, but holding CELR itself is not equivalent to directly owning liquidity-pool assets, nor does it represent entitlement to fixed returns from each cross-chain transfer.

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