Top US crypto exchange Coinbase is starting the week by putting two new digital assets on the way to joining its trading list.
The Coinbase listing roadmap consists of crypto projects that are currently being considered for the range of assets supported by the exchange.
In an announcement, Coinbase said it updated its roadmap with the addition of Celer Network (CELR), a scaling platform designed to enable off-chain transactions in a secure manner.
Celer Network aims to be a “multi-blockchain operating system” that offers a one-click user experience as well as a variety of tools for developers.
The CELR native utility token can be used for staking to facilitate the network’s consensus mechanism as well as for paying fees.
Celer Network has seen a choppy rise and fall in price over the past week, currently in the red by 2.39% and trading at $0.018.
Assets added to the roadmap today: Celer Network (CELR) and Stargate Finance (STG) https://t.co/zu1IBdrD7X
— Coinbase Assets (@CoinbaseAssets) July 25, 2022
Stargate Finance (STG), a decentralized finance (DeFi) protocol whose bridge enables the transfer of native assets between different chains, has also been added to the Coinbase listing roadmap. By eliminating the need to send wrapped tokens, Stargate Finance makes the process of trading cryptocurrency easier and more efficient.
The native STG token can be used to stake on the Omnichain protocol and earn rewards while ensuring the liquidity pool has sufficient capital to facilitate cross-chain token swaps and achieve “Instant Guaranteed Finality”.
At the time of writing, Stargate Finance is down 4.54% and priced at $0.43. STG remains up 7.5% from a weekly low of $0.40 last Thursday.
Coinbase’s listing roadmap was originally created to increase transparency by “providing as much symmetry of information as possible” and to communicate with the market before deciding to list an asset.
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