CelEth

CelEth is a decentralized finance (DeFi) protocol that operates on the Ethereum blockchain. It aims to provide a platform for users to earn interest on their cryptocurrency holdings by lending them to borrowers. CelEth allows users to deposit their Ethereum (ETH) into a liquidity pool, where it is then used to facilitate loans to other users. In return for providing liquidity, users earn a portion of the interest paid by borrowers. This process is automated and does not require users to actively manage their investments. CelEth's smart contracts handle all transactions, ensuring transparency and security. The protocol also offers features such as over-collateralization and liquidation mechanisms to manage risk. CelEth's governance is decentralized, with decisions made by the community through a voting process. The protocol's native token, CEL, is used for governance and transaction fees. CelEth's primary goal is to make DeFi accessible to a wider audience by simplifying the process of earning interest on cryptocurrency holdings.