Get to know CELO

Modified on Thu, 3 Oct at 12:24 PM

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).

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