CELO is a standard token on the public blockchain named the Celo platform. Celo is a mobile-first blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone.
The platform has 3 native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation, and related activities. There are also stablecoins pegged to currencies such as Celo Dollar (cUSD) and Celo Euro (cEUR).
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article