CELO (CELO)

Now things are picking up rapidly @Celo They're tapping into core Ethereum infra and liquidity with OP Succinct Lite bringing ZK-powered fault proofs + EigenDA v2 integration live to mainnet. What does this mean? To put @Celo up there as one of the fastest, cheapest mobile-first L2 for DeFi, payments, and RWAs, making it perfect for emerging markets. An open-source proposal is put out for review of its tokenomics. If you know tokenomics works, you can share ideas on CELO alignment. Forum; https://t.co/lIm6bSmS3T

🇸🇬 CZ “Crypto payments still a challenge… Next‑gen opportunities are education·donation·ecosystem” https://t.co/yOeyRtA0IL https://t.co/9B9PTRNGdC

➥ Celo just kicked off the Celo Tokenomics Initiative (a full reset of how CELO is designed for the next decade) They’re reviewing the full stack: - Staking - Governance - Gas fees - Rollup architecture And redesigning value flow: - Fees that scale with volume - Burn and buyback mechanisms - Tighter linkage between $CELO and onchain activity Quiet moves like this are usually where narratives start.

Celo is entering a new era The network is reassessing its token model as it scales. Here's what it means 👇 @Celo now runs as one of the most active Ethereum L2s, with steady growth in real users, mobile payments through MiniPay, and a clean migration from L1 to L2 that gave the ecosystem new room to scale With this growth, it became clear that the current token model no longer reflects how the network is actually used, which is why Celo is beginning a full review of its token economics The idea is simple. The network processes more transactions, attracts more builders, and supports more real-world activity, so the economics should match this new level of usage 🔹 The initiative will focus on: > How CELO works today across fees, staking, governance, and the rollup system > Data-driven improvements to the token model > Mechanisms that support long-term demand and better fee flows > The review may also explore how fee revenue could be redistributed, including options such as buybacks > A smooth transition from the current model to an updated one 🔹 This will be an open process Celo will share early ideas, gather input from researchers and contributors, and let the community take part in shaping the final direction Once a clear proposal forms, it will go through governance like any major change 🔹 On the infrastructure side The recent Jello upgrade introduced OP Succinct Lite, zk based proofs, improved data availability through EigenDA, and a challenger set for real-time security checks All of this strengthens the foundation on which the updated token model will sit 💬 So, the aim is not to reinvent Celo but to make the economics reflect the network that exists today and prepare it for the scale ahead A stronger token model means a healthier ecosystem, more predictable incentives, and a better foundation for the next decade of Celo

🚨STRIPE ACQUIRES THE VALORA TEAM Stripe has bought the team responsible for the Valora wallet, based on Celo. The developers will join Stripe in the blockchain space, while the Valora app and its intellectual property will return to cLabs.