> For the complete documentation index, see [llms.txt](https://docs.everstake.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.everstake.com/staking-docs/procotols/celer-clr.md).

# Celer (CLR)

### What is Celer?

> Celer is a layer-2 platform built with the objective of operating across many top decentralized finance (DeFi) networks. Celer uses technology by means of state channels to facilitate blockchain interoperability at low costs and high speeds. Celer was founded by experienced entrepreneurs with PhDs degrees from MIT, Princeton, UC Berkeley, and UIUC and has a fast-growing all-star team with years of engineering, product, user growth, and marketing experience from tech giants.

{% columns %}
{% column width="33.33333333333333%" %} <a href="https://everstake.one/staking/celer" class="button primary" data-icon="circle-info">Stake Now</a>
{% endcolumn %}

{% column width="66.66666666666667%" %} <a href="https://celer.network/" class="button secondary" data-icon="shield-check">Learn about Celer</a>
{% endcolumn %}
{% endcolumns %}

### How to stake CELR?

{% hint style="info" %}
Validator Name: Everstake

Validator Address: 0x4b43a015F56154bb60bC3C783E5e1153d0BE50b6

Commission: 10%
{% endhint %}

<details>

<summary><strong>Celer Staking Manual</strong></summary>

**Connect Your Wallet and Start Earning**

* Proceed to [Celer SGN Staking Website](https://sgn.celer.network/#/staking). Click Connect Wallet at the top right corner of your screen.
* Select your wallet (EVM, e.g. Metamask) from the pop-up menu. This will automatically connect the selected wallet to the Celer Network.&#x20;

<figure><img src="https://1249209355-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsyXGefmWNIENxOOHmKgY%2Fuploads%2FrZX6zXSvGINpQsytG3ZA%2Fceler1.webp?alt=media&amp;token=40162b6d-341b-4f75-b34b-cc7c10656aba" alt=""><figcaption></figcaption></figure>

**Top Up Your Wallet with the CELR Token**

You can buy the CELR token directly from numerous crypto exchanges (a full list is available [here](https://www.coingecko.com/en/coins/celer-network#markets)). You’ll have to Connect your crypto wallet to the exchange of your choice.

You can also swap any stablecoin for CELR. To do this, Import the CELR token contract into your wallet:

* Click Wallet, then Import Tokens.
* Using the search button, Search for CELR or the Celer Network token and Import.
* Alternatively, you can copy the CELR contract address from EtherScan and paste it into the Token Address box under the Custom Token menu.

<figure><img src="https://1249209355-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsyXGefmWNIENxOOHmKgY%2Fuploads%2FJD7HpO2MmJE8kQnWdSpX%2Fceler2.webp?alt=media&amp;token=f935a7c0-e6e5-4918-a8e5-e3519fb28bdc" alt=""><figcaption></figcaption></figure>

**Stake CELR**

* Navigate to [Celer SGN Staking Website](https://sgn.celer.network/#/staking).
* Select Everstake from the list of all validators and then Click Stake or Delegate.

<figure><img src="https://1249209355-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsyXGefmWNIENxOOHmKgY%2Fuploads%2FYchB5aiU2JV8tkFaRhXC%2Fceler3.webp?alt=media&amp;token=5b6db2c8-d837-43cd-92d4-2d38c8de921c" alt=""><figcaption></figcaption></figure>

* Type in the amount of CELR you want to stake and click Permit to stake your CELR. Click Confirm when prompted to confirm the transaction, then Delegate to approve.

<figure><img src="https://1249209355-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsyXGefmWNIENxOOHmKgY%2Fuploads%2Fr45cHofA4w6bTtd6tT5I%2Fceler4.webp?alt=media&amp;token=c850df31-5f9d-415f-8693-cf415904c907" alt=""><figcaption></figcaption></figure>

**Rewards**

* Once approved, a pop-up will appear on your screen with the message “Delegation Completed,” which means that you have completed the staking. Note that it may take some time to show in My Rewards.
* Click the expand button next to Details to check your delegation details.

</details>

{% embed url="<https://www.youtube.com/watch?v=UtSwJnktZRc>" %}

### Where can I stake CELR?

You can choose a crypto wallet convenient for you and use the guide at the link or write to Everstake support and get more detailed information

| Wallet Type | Wallet Name                                                                                              |
| ----------- | -------------------------------------------------------------------------------------------------------- |
| **Web**     | <p><a href="mailto:undefined">Celer Staking Dashboard</a><br><a href="mailto:undefined">Metamask</a></p> |
| **Mobile**  | <p><a href="mailto:undefined">ImToken</a><br><a href="mailto:undefined">Math Wallet</a></p>              |

### Staking Details

| Term                              | Description                                                                                                                                                                                                                                                                                                                                                                                              |
| --------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Epoch duration**                | 6.4 minutes                                                                                                                                                                                                                                                                                                                                                                                              |
| **Everstake fee**                 | 10%                                                                                                                                                                                                                                                                                                                                                                                                      |
| **First reward info**             | The next epoch following the stake transaction                                                                                                                                                                                                                                                                                                                                                           |
| **Reward frequency**              | Per epoch                                                                                                                                                                                                                                                                                                                                                                                                |
| **Min amount to stake**           | 1 CELR                                                                                                                                                                                                                                                                                                                                                                                                   |
| **Unstaking period**              | 7 days                                                                                                                                                                                                                                                                                                                                                                                                   |
| **Stake activation time**         | Instantly                                                                                                                                                                                                                                                                                                                                                                                                |
| **Re-delegating activation time** | 7 days                                                                                                                                                                                                                                                                                                                                                                                                   |
| **Last Reward**                   | Last rewards earned before unstaking transaction.                                                                                                                                                                                                                                                                                                                                                        |
| **Everstake's** **Self-Bond**     | none                                                                                                                                                                                                                                                                                                                                                                                                     |
| **Active set**                    | 22 validators                                                                                                                                                                                                                                                                                                                                                                                            |
| **Slashing**                      | <p><strong>Double Signing:</strong><br>If a validator signs or attests to two conflicting blocks, a portion of its staked tokens will be slashed.</p><p></p><p>To continue earning, delegators must redelegate to another active validator.</p><p><em>If your validator has been slashed or jailed, consider redelegating to Everstake — a trusted validator with a proven zero-slashing record</em></p> |
| **Stake deactivation time**       | 7 days                                                                                                                                                                                                                                                                                                                                                                                                   |

### Why Everstake?

* Everstake is the №1 staking infrastructure platform, trusted by over 1.6M users and institutional clients worldwide. Committed to the highest standards of compliance with certifications such as SOC 2 Type II, CCPA/CRPA, ISO 27001, and GDPR, we deliver secure and reliable staking solutions across 130+ supported chains with a reliability rate of 99.98%
* Our skilled team manages reliable infrastructure, prioritizing the safety of your funds. Delegating through Everstake offers opportunities to boost your yields while ensuring peace of mind about your token's security.

### Everstake Participation

> As an Celer validator, Everstake contributes to the overall success and growth of the Celer network from the network's initial launch. Our technical expertise and robust infrastructure help maintain the reliability of the network. We are responsible for keeping systems up and running, which is crucial for the uninterrupted operation of the blockchain and the timely processing of transactions. In recent years, Everstake has become one of the leading validators by stake and the number of staking accounts — a clear sign of users’ trust and growing interest.

### FAQ

<details>

<summary>Celer <strong>Explorers</strong></summary>

* [Celer SGN](mailto:undefined)
* [Celerscan](mailto:undefined)
* [Etherscan](mailto:undefined)
* [Ethplorer](mailto:undefined)

</details>

<details>

<summary>Key Features of Celer</summary>

* Layer-2 Scaling: Celer uses advanced technology to process blockchain transactions off the main chain​, making them faster and cheaper.
* Interoperability: Celer's cBridge allows easy and secure transfer of tokens across different blockchains​​.
* State Guardian Network (SGN): SGN monitors and secures off-chain transactions, protecting users from fraud​​.
* Low-Cost Transactions: Celer reduces transaction costs, making small and frequent transactions affordable​​.
* Developer Tools: Celer provides tools and resources to help developers create efficient and user-friendly blockchain applications​​.

</details>

<details>

<summary><strong>How Everstake deduces validator fee?</strong></summary>

“Validator fee” refers to the rewards received by Validator for participating in the Blockchain network Validation process. Everstake determines the validator fee through a process involving analysis and consideration of various factors, such as network requirements, operational costs, and market dynamics.

</details>

<details>

<summary><strong>Control over User's Funds</strong></summary>

Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.

</details>

<details>

<summary>What is the role of SGN?</summary>

The Celer State Guardian Network (SGN) has been an essential part of Celer Network's architecture.

**In cBridge, the SGN serves multiple roles:**

* Liquidity Pool Manager: The SGN manages shared liquidity pools, providing PoS-level security and decentralized governance for cBridge.
* Node Gateway: The SGN oversees cBridge node selection and scheduling, ensuring efficient operations.
* SLA Arbitrator: The SGN guarantees the Quality of Service for cBridge nodes, acting as a Service Level Agreement (SLA) arbitrator.

</details>

<details>

<summary><strong>What is CELR token?</strong></summary>

A CELR token is an ERC-20 token built on the Ethereum blockchain. It is also the native token of the Celer Network.

</details>

<details>

<summary><strong>What is cBridge?</strong></summary>

cBridge is a decentralized, non-custodial asset bridge built by Celer that allows users to securely and cheaply transfer digital assets across various blockchains and layer-2 rollups. It uses the Celer Inter-chain Messaging Framework to facilitate these transfers, which are processed in minutes and have low transaction fees.&#x20;

</details>


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