Celo is an open, decentralized platform that enables a monetary system that creates conditions of prosperity for all. It is aiming to make it straightforward for anyone with a smartphone anywhere in the world to maintain a current account, send money to friends, and pay merchants. The first application launching on the platform is a social payments and cash transfer app, aimed at developing markets.
The Celo network currently features two assets, Celo (CELO) and Celo Dollar (cUSD). Celo is the network’s native asset and a central component of the consensus and governance mechanism of the Celo protocol, such as voting for delegator groups and participating in governance decisions. Celo Dollar is the initial stablecoin, which is pegged to the US Dollar.
Nodito Labs validator group
LetzBake! donates 10% of our validator’s income to an international health NGO. Check the FAQs for more information!