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CELO

Rank #132
Celo logo

Celo

0.55645
+0.01121622372
+2.06%
Jun 03, 22:23 UTC

Celo (CELO) Profile & Statistics

About

Celo enables participation on the Platform, with the opportunity to earn rewards through network participation. Celo’s stability mechanism and token economics are designed in such a way that demand for cGLD directly increases as demand for Celo Dollars (cUSD) and other stable value assets increases.

cGLD is a native cryptographic digital asset created at the mainnet release of the Celo Platform. cGLD has no relationship to physical gold.

cGLD is a utility and governance asset required to participate on the Celo Platform. Some uses include:

Running a validator to secure and operate aspects of the Celo Platform Voting for validators working to secure and operate the Celo Platform Participating in governance decisions to influence the future of the Celo Platform Supporting applications on the platform cGLD forms part of the overcollateralized reserve that supports the Celo stable value assets (initially Celo Dollar or cUSD).

The Celo Protocol automatically adds cGLD to the reserve whenever the Celo stable value asset supply increases.


Info & Links

Contracts

  • celo:
    0x471…8a438

Announcements

Source Code

Related Groups & Categories


CELO Statistics

24H Low/High
  • Rank
    #132
  • Market Cap
    $279,067K
  • Fully Diluted Valuation
    $20,561
Mkt Dominance
0.02%

  • Circulating Supply
    501,730K
  • Max Supply
    1,000M
  • Total Supply
    1,000M
Circulating/Total
50.17%

  • 24H Trading Vol
    $18,507K
  • Hashing Algorithm
    -
  • Block Mining Time
    0 minutes

CELO Social Stats

  • Twitter Followers
    448,091
  • Reddit Subscribers
    0
  • Reddit Average Active Accounts
    0
  • Reddit Average New Posts Per Hour
    0
  • Reddit Average Comments Per Hour
    0
  • Telegram Channel Users
    8,363

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