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About CELO
CELO is the native utility and governance asset of the Celo ecosystem, an Ethereum Layer-2 network optimized for fast, low-cost payments and financial inclusion. The asset is used for network security through proof-of-stake, transaction fees, and participating in governance votes. Celo is designed to support a mobile-first experience, powering native stablecoins and decentralized finance (DeFi) applications with a focus on real-world adoption and carbon-negative operations.
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