An open platform that makes financial tools accessible to anyone with a mobile phone
Celo is an open source, decentralized, blockchain network that aims to simplifies the access to financial services for everyone globally by using a smartphone. It can also support the development of decentralized applications (Dapps) on its network. Celo runs on Proof-of-Stake (PoS) mechanism, allowing users to earn rewards by staking their CELO token.
Celo has two native token; CELO, a governance token and also used for transaction fees and other related activities in the network, and also cUSD, a stablecoin.
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