🏆 Proof of Ship 5 Winners Announcement! 🏆
Congratulations to all Season 5 projects, you are building amazing things! 💛
Stay tuned for Season 6 - the bar is higher than ever!
💛 53 projects on @Celo
🏆 20 winning projects
✅ 17 eligible projects
Check out the projects👇
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17
Celo.eth/acc 🦇 🌳
Presenting at @ETHGlobal Pragma, @marek_ gave a live demo of the Celo Eclair testnet: the first public network to use @SuccinctLabs S1 & @eigen_da V2 🎤
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ETHGlobal
Celo’s going all-in on zk tech and is ready for the next billion users.
@marek_ co-founder of @Celo introduced their new Eclair testnet which combines Succinct’s SP1 zkVM with EigenDA for fast and cheap rollups. It’s the first public network using this combo and is mobile-first + tailored for payments, identity, and public goods.
Now live:
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83
Eric Nakagawa (🦇🌳)
Unicode should formally support 🍫+🌭= eclaire. And congrats clabs team! Can’t wait to try this out at @ETHGlobal hackathon this weekend.
Celo.eth/acc 🦇 🌳
🗞️ The Celo Eclair Testnet is live!
Introducing the first public network to combine OP Succinct Lite w/ EigenDA v2, a significant milestone in Celo’s path as an Ethereum L2 optimized for global use 🌐
🧵 Learn more about Eclair ↓
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11
头等仓First.VIP |We're hiring
Velodrome is piloting a DeFi innovation in collaboration with Celo and Self Protocol, VerifiedERC20 👀
The current price of Celo is ₺11.1926. Over the last 24 hours, Celo has increased by +1.08%. It currently has a circulating supply of 576,029,507 CELO and a maximum supply of 1,000,000,000 CELO, giving it a fully diluted market cap of ₺6.47B. At present, Celo holds the 140 position in market cap rankings. The Celo/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Celo (CELO) is a blockchain-powered financial ecosystem that focuses on creating an inclusive and scalable decentralized financial world. It is often referred to as a regenerative finance (ReFi) project because it aims to enable easy user onboarding and foster financial inclusivity. Additionally, Celo strongly emphasizes environmental sustainability through its carbon-negative approach.
What is Celo?
Celo is a Layer 1 blockchain that provides a comprehensive financial toolbox for users and developers involved in decentralized finance (DeFi). It offers a range of decentralized applications (Dapps) and operates on a transparent governance model. One notable feature of Celo is its ability to utilize real-world assets, such as cEUR and cUSD, as digital currencies through its stablecoin suite.
At the core of Celo's stablecoin suite is the Mento protocol, which efficiently manages the stablecoins. Additionally, Celo is designed with a mobile-first approach, prioritizing a user-friendly experience and enabling quick and seamless user onboarding.
The Celo team
Celo was founded in 2017 by Rene Reinsberg, the president of the Celo Foundation. The foundation is a non-profit organization that supports the growth and development of the Celo blockchain. Other founding team members include Sep Kamvar, a computer scientist, Marek Olszewski, the CTO of Celo Labs, and Isha Varshney, head of DeFi.
How does Celo work?
Celo is a decentralized financial blockchain that enables seamless asset transfers between blockchains. It utilizes an Ethereum Virtual Machine (EVM)-compatible chain secured by the Byzantine fault tolerance (BFT) consensus mechanism. The involvement of Proof of Stake (PoS) consensus provides staking incentives for CELO token holders, who also use CELO tokens for governance votes to influence protocol changes. Celo offers DeFi exposure through its ERC-20 compatible Mento stablecoins. These stable assets, powered by Mento, can be used for transaction fees alongside CELO tokens.
Celo’s native token: CELO
CELO is the native token of the Celo ecosystem, supporting the governance structure and covering network transaction fees. It also plays a crucial role in ensuring the stability of the Mento-powered stablecoins. With a hard supply cap of 1 billion, 50 percent of the CELO tokens are already in circulation.
To stake CELO tokens, purchase them and transfer them to a Celo-compatible wallet. From there, you can stake your CELO tokens on Celo's native platform or utilize a compatible centralized exchange (CEX) or decentralized exchange (DEX) for staking. On Celo's native platform, staking involves delegating your CELO tokens to a validator or a validator group.
CELO distribution
CELO tokens follow a distribution structure that includes the following segments:
Initial Coin Offering (ICO) sales pools: This segment includes tokens distributed during the initial coin offering or token sale event.
Allocation to the community fund: A portion of CELO tokens is allocated to the community fund, intended to support various initiatives and projects within the Celo ecosystem.
Tokens held by the Celo reserve: A certain percentage of CELO tokens are stored in the Celo reserve, which helps maintain stability and liquidity within the network.
Allocation to the treasury: CELO tokens are allocated to the treasury to support future developments and incentivize network participants, ensuring the growth and sustainability of the Celo platform.
Celo and the future of carbon-negative blockchains
Celo is at the forefront of carbon-negative blockchains, emphasizing sustainability as a core focus. In addition to its commitment to being carbon-negative, Celo actively supports DeFi applications and has forged partnerships to enhance its ecosystem. A notable collaboration is with Chainlink, providing developers building on Celo with access to valuable data.
Furthermore, the Celo ecosystem is expanding its horizons by incorporating INX, the native token of the Insight Protocol, into its ecosystem. This expansion showcases Celo's commitment to fostering interoperability and embracing innovative projects within its network.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.8K new posts about Celo, driven by 1.4K contributors, and total online engagement reached 1.5M social interactions. The sentiment score for Celo currently stands at 67%. Compared to all cryptocurrencies, post volume for Celo currently ranks at 1918. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Celo.
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Posts
2,796
Contributors
1,366
Interactions
1,525,706
Sentiment
67%
Volume rank
#1918
X
Posts
2,104
Interactions
217,585
Sentiment
68%
Celo FAQ
What is Celo?
Celo is a Layer 1 blockchain compatible with the Ethereum virtual machine (EVM). Its primary objective is to promote financial inclusivity and streamline the onboarding process for DeFi. Notably, Celo has a mobile-friendly design, prioritizing accessibility for users. Additionally, Celo offers a suite of stablecoins pegged to real-world assets, providing stability within its ecosystem.
What are the benefits of Celo?
Celo opens the world to financial inclusivity by making stablecoins accessible and less volatile. Plus, the ecosystem is carbon-negative and comes with a rich Decentralized Application (Dapp) ecosystem — allowing users to explore a world of possibilities.
Where can I buy CELO?
Easily buy CELO tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include CELO/USDT.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into CELO, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
How much is 1 Celo worth today?
Currently, one Celo is worth ₺11.1926. For answers and insight into Celo's price action, you're in the right place. Explore the latest Celo charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Celo, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Celo have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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