Top US crypto exchange Coinbase is starting the week by putting two new digital assets on the path to joining its trading roster.
The Coinbase listing roadmap consists of crypto projects that are currently being considered for the exchange’s lineup of supported assets.
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.
Native utility token CELR can be used for staking to facilitate the network’s consensus mechanism as well as to pay fees.
Celer Network has experienced some choppy up-and-down price action over the past week, currently in the red by 2.39% and trading for $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
Also added to the Coinbase listing roadmap is Stargate Finance (STG), a decentralized finance (DeFi) protocol whose bridge enables the transfer of native assets across different chains. By eliminating the need to send wrapped tokens, Stargate Finance makes the process of swapping cryptocurrencies simpler and more efficient.
Native token STG can be used to stake on the Omnichain protocol and earn rewards while ensuring that the liquidity pool has sufficient capital to facilitate the cross-chain token swaps and achieve “instant guaranteed finality.”
At time of writing, Stargate Finance is down by 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 information symmetry as possible” and to communicate with the market before deciding to list an asset.Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Giordano Aita
Generated Image: DALL-E