Celo

Celo
(CELO)

$0.71556
(24h)‑$0.015112.07%

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.
PoSZero Knowledge ProofsMobilePaymentsSmart Contracts

CELO Statistics

Market Cap
$345.79M

24h Vol
$17.22M

Dominance
0.03%

Current Supply
483246415

Day's Range
$0.69973$0.73889

52 Week Range
$0.43034$5.16

Rank
104

Max Supply
1000000000

All Time High
$10.05

% down from ATH
‑92.88%

Days since ATH
519

ROI

1D
‑2.07%
1W
‑3.25%
1M
49.92%
3M
‑6.23%
6M
‑35.93%
1Y
‑78.32%