CELR is the abbreviation for the Celer Network's native cryptocurrency. Celer Network is a blockchain-based platform designed to enable faster and cheaper off-chain transactions for various dApps and blockchain protocols. The Celer Network aims to improve scalability and reduce transaction fees on the blockchain ecosystem. Holding CELR tokens enables users to participate in the Celer Network's governance structure, stake their tokens to earn rewards, and receive discounts on transaction fees within the platform. Additionally, as the Celer Network gains popularity and adoption among blockchain developers, demand for CELR tokens may increase, potentially increasing its overall value.