CoinVoice has recently learned that CelestLoan, a decentralized financial protocol based on Celestia, will be officially launched at 20:00 (UTC+8) on January 8, 2024.

The platform focuses on providing flexible staking and lending services to Celestia ecosystem users. Users can obtain cTIA by staking TIA tokens and enjoy an annualized return of up to 17%. Holding cTIA can also receive lucky blind box points rewards.

From January 8 to February 8, CelestLoan plans to launch the first month carnival event. During this period, users who pledge TIA will receive up to 4 times the lucky blind box opening bonus. The lucky points obtained by users will be converted into platform currency $cloan airdrops at a certain ratio. [Original link]