{"id":1187,"date":"2022-03-05T14:42:56","date_gmt":"2022-03-05T14:42:56","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/celsiuswhitepaper\/"},"modified":"2022-03-05T14:42:56","modified_gmt":"2022-03-05T14:42:56","slug":"celsiuswhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/celsiuswhitepaper\/","title":{"rendered":"Celsius\tWhitepaper"},"content":{"rendered":"
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In conjunction with the launch of the Celsius Crypto Wallet, we\u2019re excited to introduce the Celsius Token (CEL). After our Token Generation Event, members will be able to use their CEL tokens to secure access to loans in dollars using their crypto as collateral. In the future, members who deposit coins in their Celsius Wallets will also be able to earn CEL Tokens as a reward for lending to the network. We\u2019re designing CEL (ERC20 Token) to be the backbone of the Celsius Network, creating a value-driven lending and borrowing platform for all our members.<\/p>\n

The Celsius Token (CEL), at the moment of the Token Generation Event (TGE), will have utilities including:
\u2022 the ability to become a member in the Celsius platform and community
\u2022 the ability to deposit your cryptocurrencies in the Celsius wallet
\u2022 the ability to apply for dollar loans with cryptocurrencies as collateral
\u2022 the ability to pay interest on these loans at a discount<\/p>\n

In the future, the CEL token will have additional utilities including:
\u2022 allowing members to lend cryptocurrencies in order to gain interest
\u2022 achieving seniority in the platform which will impact the interest rate gained
\u2022 get interest rewards on cryptocurrencies lended<\/p>\n

Celsius\u2019 community will continue to grow as more and more people are able to get loans in dollars using their crypto as collateral or as they lend their unused coins as credit to other members. Crypto assets holders can get more CEL tokens the more they loan and borrowers pay less to hedge their positions. As more people join the Celsius ecosystem, the more everyone benefits.<\/p>\n

If you\u2019re interested in buying this coin, please sign up on Binance with this referral link<\/a> or use the code FJ1DIC4Z to get a nice fee discount!<\/strong><\/em><\/em><\/p>\n

celsius_whitepaper-march21
<\/a><\/p>\n

Buy this token on Binance with our referral link<\/a> & get a 10% discount on your trading fees!<\/strong><\/p>\n

\"\"<\/a><\/p>\n

If you are looking for a different whitepaper, our white paper overview <\/a> has 3000+ ICO, STO and DeFi whitepapers. Learn more about doing your (whitepaper) research here<\/a> and don\u2019t forget to check out our Cryptocurrency News<\/a> section! You can also buy our entire database of 3000 whitepaper PDF\u2019s<\/a> for your research or let us promote your whitepaper as our Whitepaper of the Week!<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In conjunction with the launch of the Celsius Crypto Wallet, we\u2019re excited to introduce the Celsius Token (CEL). After our Token Generation Event, members will be able to use their CEL tokens to secure access to loans in dollars using their crypto as collateral. In the future, members who deposit coins in their Celsius Wallets […]<\/p>\n","protected":false},"author":1,"featured_media":1188,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=1187"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1187\/revisions"}],"predecessor-version":[{"id":1189,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1187\/revisions\/1189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media\/1188"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=1187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=1187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=1187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}