Rubic has Completed its Integration of the Celer Inter-Chain Message Framework into the Rubic Ecosystem!
Rubicans, we have an important update for you! This week, our team has finished the integration of the Celer Inter-chain Message Framework into Rubic’s Protocol.
Today, we are ready to announce that the Celer Inter-chain Message Framework (Celer IM) is used within Rubic’s Protocol on the Ethereum, BNB Chain, Polygon, Avalanche and Fantom networks. It’s important to note that we will add this solution to every new blockchain integration if it’s compatible with Celer IM.
How will the integration of Celer IM improve Rubic?
Due to the Celer Inter-chain Message Framework, our users will be able to swap their assets in the most cost-efficient way! The implementation of Celer IM will greatly increase the maximum trade amounts for swaps at https://app.rubic.exchange. It’ll also open even more opportunities for our multi-chain expansions in the future!
What is the Celer Network?
Celer is a multi-chain operating system that allows application logic, liquidity, and states — normally segregated across different chains — to communicate with one another, and enables seamless cross-chain composability for dApp developers and projects. Developers can build cross-chain-native dApps using the Celer cross-chain Message SDK with efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, from a single chain.
The Celer IM framework creates a new way for multi-chain dApps to operate in conjunction with each other. Current multi-chain dApps typically deploy isolated copies of their underlying smart contracts on each new blockchain that they want to connect with. Despite sharing the same code, their application logic and shared states differ radically according to the protocol on which they are based. Often, they only share the same user interface and native token.
About Rubic
Rubic is the Multi-Chain Swap Protocol which allows you to swap any of our 15,000+ assets, on and between 12 blockchains, in one click. Rubic’s Multi-Chain Routing Protocol includes On-Chain & Multi-Chain swaps for Ethereum, BNB Chain, Telos, Polygon, Avalanche, Moonriver, Fantom, Harmony, Solana, Arbitrum, Aurora, and NEAR; with seamless fiat on-ramps and more!
Rubic’s aim is to deliver a complete “One-Stop, Full-Circle’’ decentralized trading platform. Rubic.exchange is the place where users can complete Multi-Chain swaps using an intuitive solution, to get the best rates from all leading trading protocols.
