What is thena? Discover the outstanding features of Thena and THE . token
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
What is Celo (CELO)? Learn about the Celo project and the CELO đồng coin
Overview of the Celo . project
What is Celo?
Celo is a blockchain platform built on the Proof-of-Stake consensus mechanism. Celo is compatible with the EVM virtual machine system, so project developers who are familiar with the programming interface on Ethereum will easily build decentralized financial applications right on this platform.
In addition, Celo is an open-source platform that can be used on smartphones that allows users to easily access financial services such as crypto wallets, DEXs, etc.
The project aims to become a decentralized platform that is not controlled by any individual or organization. Instead, Celo will be developed, upgraded and operated by a large community of individuals, organizations and partners of the platform.
Features of Celo
Support payment of services with various Stablecoins and cryptocurrency exchanges : Celo supports payment of services with various Stablecoins and coins. In addition, to meet the payment needs of customers, Celo also developed its own stablecoin called cUSD (Celo Dollar).
Accounts on the Celo platform linked to a phone number : Celo allows its customers to send, receive and pay for products and services easily through linking to a phone number.
Pay transaction fees in any currency : Users can pay transaction costs (buy, sell, send, receive) in any cryptocurrency.
For example: When a user using the BSC network transfers BUSD from any wallet to the Bep-20 wallet, they will need BNB as a transaction fee, for Celo, the user can pay this transaction fee in any type. currencies available on the cryptocurrency market.
Celo Network connects to the Internet quickly : This means that even wallet users with slow and unstable Internet connections can use Celo smoothly.
Proof-of-Stake Consensus Mechanism : Celo uses a Proof-of-Stake consensus algorithm that makes it possible for users to make transactions quickly with low costs.
Full Node Incentives : The Celo protocol provides incentives for running full nodes on each mobile device. Unlike other Proof-of-Stake systems, users can still earn coins or tokens by providing computing resources (computing power) without needing to stake other crypto assets. .
Ethereum blockchain compatibility : Project developers can re-deploy Ethereum's existing smart contract on Celo's blockchain without reprogramming.
On-chain Governance : Celo allows all cryptocurrency owners to participate in on-chain governance.
Team, investors and partners
Celo's development team
Celo is developed by Rene Reinsberg and more than 100 other people around the world with many years of experience in the field of blockchain technology. All personal information of the Celo team is publicly available on their official website.
Celo's development team.
Investors of Celo
Celo has attracted more than 80 companies and individuals, including well-known venture funds, senior executives, academics and experts across a wide range of fields. Prominent names are a16z, Coinbase Ventures, Polychain Capital, Jack Dorsey…
Celo's Investor.
Celo's Ecosystem
Wallet
Some wallets in Celo's ecosystem are notably Valora, Celo Wallet, Celo Terminal, Metamask, Abra and Opera...
Some Celo wallet projects.
DeFi
The outstanding DeFi projects of Celo are Ubeswap, Mobius, Moola Market, Dahlia Finance, Good Ghosting, Lapis…
Some of Celo's DeFi projects.
Overview of the CELO . coin
What is CELO?
CELO is Celo's native token, it is used for the following purposes:
- Governance : CELO owners have the right to participate in the system administration process as well as they can contribute ideas to help developers build Celo projects.
- Staking : CELO holders can take them to staking on the Celo platform to earn more rewards.
- Payment of expenses : Investors can use CELO to pay for trading activities on Celo.
Basic information about the CELO . coin
- Token Name : Celo
- Ticker : CELO
- Blockchain : Celo blockchain
- Token Type : Utility, Governance
- Contract Address : 0x471ece…8978a438
- Total Supply : 1,000,000,000 CELO
- Circulating Supply : 306,819,314 CELO
Allocate CELO
- Staking & Validator Rewards : 30%
- Community Grants : 19.5%
- Protocol Contributors : 18.5%
- Pre-launch Sales Purchasers : 12.5%
- Initial Reserve : 12%
- Operational Grants : 7.5%
Allocate CELO coins .
How to store and own CELO đồng
Investors can buy CELO on exchanges such as Kucoin , Binance, Coinbase Exchange…
In addition, investors can store CELO in wallets like Frontier Wallet or exchange wallets..
summary
Above are detailed information about Celo project and CELO coin. With the idea of providing a platform where smartphone users can access blockchain technology. To accomplish this goal, Celo is now gradually building a complete ecosystem with high security capabilities.
At the same time, the Celo development team has many years of experience in the field of blockchain technology combined with many large funds invested in this project. Will Celo in the future catch up with major ecosystems like Polkadot, Binance Smart Chain, Ethereum?
You may be interested in : The most detailed and accurate CELO Staking guide
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