TechFlow News — According to official announcements, Celer Network's latest scaling solution, Layer2.finance v1.0 (referred to as L2F v1.0), has launched its testnet today, introducing a liquidity mining feature. Celer stated that upon the mainnet launch of L2F v1.0, it will support and deploy on other blockchains such as BSC, as well as various layer-2 rollup chains, integrating with multiple on-chain DeFi protocols. The previous L2F v0.1 version already supported Compound, AAVE, and Curve. Additionally, Celer has launched a testnet campaign for L2F v1.0 with a total reward pool of up to $20,000.
Reportedly, Layer2.finance aims to drastically reduce DeFi transaction fees and simplify user interactions through Celer’s advanced layer-2 rollup technology, thereby lowering the barrier to entry for DeFi usage.
