💹Introduction

CelestLoan is a decentralized financial protocol built on Celestia, offering flexible staking and lending tools to users. It operates with the core governance token TIA of the Celestia network and collaborates with the OP contract layer to create a complete financial service ecosystem.

Through simple on-chain operations, users can stake TIA to mint cTIA at a 1:1 ratio and enjoy staking rewards, lending returns, and rewards such as airdrops. cTIA serves as an ecosystem credential for users staking TIA, allowing for more flexible interactions with external lending protocols, trading, and wallet products, enabling users to capture more on-chain yield opportunities.

The minting and protocol interaction contracts for user cTIA are completed on Optimism, one of the closest Layer2 products to Celestia contracts.