CelsiusX
Search…
Systems Design
Cross Chain Liquidity Bridge
Collateral Manager
Stablecoin
Branded Assets
Integration Partners
Enzyme Finance is an Ethereum platform that dynamically deploys assets stored in the vaults to various DeFi protocols. To begin, the vault starts with a denomination asset, which acts as the unit for calculating the total value of the vault. In the wrapped token design for Celsius, such a token must have a corresponding vault (or several vaults) in the denomination asset.
Chainlink is a decentralized blockchain oracle built on Ethereum that enables the transfer of tamper-proof data from off-chain sources onto on-chain smart contracts. CelsiusX utilizes Chainlink's proof of reserve service, which enables the autonomous auditing of collateral used within DeFi in real-time, ensuring users’ funds are protected from unforeseen fractional reserve practices and other fraudulent activity from off-chain custodians. This increases transparency and decreases risks by enabling oracle-triggered circuit breakers and functions.
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. The first wrapped assets deployed by CelsiusX will be wrapped onto the Polygon PoS chain.
Copy link