Rank #132

WebSite :
Whitepaper :
Domain Age : Registered over 12 years ago

  • 24 hours


  • 30 days


  • ATH


Celo Ratings Score

Last score update : 1 day ago

Celo Price live today

Celo (CELO) is currently trading at 0.560527 USD and with a circulating supply of 501,730,705 CELO.
Its market capitalization is 280,534,141 USD.
CELO price has moved -1.87% in the last 24 hours, with 18,063,520 USD worth of CELO traded on various exchanges.
Celo currently ranks #132 in cryptocurrency rankings based on market capitalization.

About Celo (CELO)

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.