CEL Market Price
Cel swap is the community effort to make swapping CEL tokens easy for everyone. Increasing your loyalty level and getting the best reward rates has never been this easy.
There is no order book or a centralized
the price of assets. Instead CelSwap
smart contracts to create liquidity pools and enable swapping tokens.
Each pool is defined by a smart contract that includes a few functions to enable swapping tokens, adding liquidity and more.
Liquidity pools are routed through CEL tokens meaning one of the coins in the pair has to be CEL. In essence each pool is a simple function x*y=k. The function maintains the price in which the trade can happen.
Because, in the world of BTC and ETH, we still believe that CEL token can be base currency and this is one of forms we want to validate that assumption.
up to 30%based on the percentage of CEL tokens in your wallet
This means that suddenly there can be people who have more CEL tokens than they want, simply because they can earn more with them. CelSwap is here to absorb those tokens, either by having them in LP or being swapped for some other token and vice versa.
Why all this???
I also have Celsius wallet you can verify through my email address. Is the metamask address the correct address you are requesting. This is all very new to me. Thank you
*we cannot verify because we are CelSwap AMM, not Celsius app...
I am very committed in the long term to make this project sustainable.
We are always looking for more like-minded developers to give back to the community.