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The Arb Fast Lane and Carbon DeFi Are Now Live on Celo

Twitter icon  •  Published 3 months ago  •  Hassan Maishera

Celo announced via X on Tuesday that Arb Fast Lane and Carbon DeFi are now live on the Celo blockchain thanks to its integration with Bancor.

Celo announced via X on Tuesday that Arb Fast Lane and Carbon DeFi are now live on the Celo blockchain thanks to its integration with Bancor. The Arb Fast Lane is an arbitrage bot that enhances market efficiency on Celo by seamlessly moving liquidity across different DEXs.

Meanwhile, Carbon DeFi, now live on Celo, is a sophisticated yet simple-to-use DEX that expands beyond the capabilities of traditional order books. The integrations were made possible by a unanimous decision from the Bancor DAO via a proposal. 

Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. CELO is up 4% in the last 24 hours and is currently trading at $0.4434.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.