Stake Celo

CELO Price Live Data

The live Celo price today is $ 1.02 usd with a 24-hour trading volume of $95 474 825 usd. We update our CELO to usd price in real-time. Celo is down -5.06% in the last 24 hours. The current coinmarketcap ranking is #211, with a live market cap of $565 567 271 usd. It has a circulating supply of 556 692 051 CELO coins and the max. Supply of 1 000 000 000 CELO coins.

What Is Celo (CELO)?

Celo empowers investment on the Platform, with the valuable chance to procure compensations through network cooperation. Celo’s security instrument and token financial aspects are planned so that interest for cGLD straightforwardly increments as interest for Celo Dollars (cUSD) and other stable worth resources increases.

cGLD is a local cryptographic computerized resource made at the mainnet arrival of the Celo Platform. cGLD has no relationship to physical gold.

cGLD is a utility and administration resource expected to take an interest on the Celo Platform. A few purposes include:

Running a validator to get and work parts of the Celo Platform
Voting for validators attempting to get and work the Celo Platform
Participating in administration choices to impact the eventual fate of the Celo Platform
Supporting applications on the platform
cGLD shapes part of the overcollateralized hold that upholds the Celo stable worth resources (at first Celo Dollar or cUSD).

The Celo Protocol consequently adds cGLD to the save at whatever point the Celo stable worth resource supply increases.