What is Celo?
Celo is an emerging Ethereum Layer-2 designed to make blockchain technology accessible to all. With its focus on scalability, low fees, and ease of use, Celo is ideal for building blockchain products that reach millions of users around the globe. Rene Reinsberg speaks about Celo as the chain for Real-World Adoption.Why Build on Celo?
Celo is fully EVM-compatible, offering the same development experience as Ethereum with improved scalability and lower costs.Built for Everyday Users:
Celo is designed with features that lower the entry barrier for those new to cryptocurrency.- Fee Abstraction: Users can pay transaction fees with several different tokens, making payments simple and flexible.
- Sub-Cent Fees: Celo maintains low gas fees, often below a cent, keeping transactions affordable.
- Fast Transactions: Celo achieves 1 second block finality, enabling near-instant transaction confirmations.
- Native Stablecoins: Celo provides native stablecoins like cUSD, cEUR, cREAL, eXOF, cKES, PUSO, and cCOP, offering a stable way to send and receive money. Check out Mento to learn more.
- Token Duality: CELO token is both the native currency of the Celo blockchain as well as an ERC20 compatible token. This means CELO tokens can be moved both by doing a native transfer as well as ERC20 transfers and will show up in both in the native account balance and the ERC20 balance, no matter how they were transferred. In contrast to ETH/WETH, no token wrapping or unwrapping is necessary.
- Mobile-Focused Approach: Celo is optimized for mobile devices, making blockchain accessible to billions of smartphone users worldwide.
Optimized for Global Reach:
- Scalability: Celo’s focus on real-world use cases has already helped scale applications to over 250,000 daily active users (DAUs), proving its capability to support large-scale deployment.
- Community Engagement: Celo boasts an active global community of users and builders. With over 4 years of experience in bringing blockchain to real-world users, Celo offers a supportive environment for developers to test, launch, and scale their applications. Community members are engaged and eager to provide feedback, helping builders refine their products for broad, practical use. If you are interested in contributing, make sure to reach out.
Get Started with Celo
Whether you’re an experienced developer or just starting out, Celo provides the essential tools and resources to turn your ideas into reality. Start building on CeloStart building on Celo today and contribute to a growing ecosystem that supports a regenerative digital economy, fostering prosperity for all. Connect with us on DiscordDiscord or on XX, and be sure to explore our ecosystem resourcesecosystem resources.Introduction to Celo
Celo makes it easy to transact with anyone around the world. Whether you’re sending, receiving, swapping, or bridging assets, Celo provides a user-friendly ecosystem with fast transactions at a fraction of the cost of other crypto platforms. Celo is designed for fast, low-cost payments worldwide, making global financial tools accessible to anyone. Holders of CELO tokens can also participate in network governance, helping shape the platform’s future.Key Features
Gas Fees & Asset Acquisition
Celo offers flexible gas fees that can be paid in various tokens (CELO, cUSD, cEUR, and even ETH in some wallets). This makes onboarding simpler for users new to crypto.- Learn about gas fees and getting CELO
- Acquire Celo assets on major exchanges
Cross-Chain Bridges
Move assets between Celo and other blockchain networks like Ethereum, Polygon, and Solana using bridges:- View all available bridges
- Popular options include Squid Router, and SmolRefuel (gas-free)
Decentralized Exchanges
Swap and trade assets within the Celo ecosystem:- Explore Celo exchanges
- Popular choices include Uniswap, Ubeswap, and Mento for stablecoin swaps
Asset Management
- Self-Custody CELO - Securely manage your own keys
- ReleaseGold - Understand time-locked CELO distributions
- Exchange Assets - Trade between Celo assets
- Asset Management - Advanced asset operations
Participating in the Network
As a Celo token holder, you can actively participate in the network’s governance:- Voting on Governance - Participate in Celo governance decisions
- Governance Parameters - Reference all governable parameters
Getting Support
For questions, comments, and discussions, connect with the Celo community:New to Celo? Start with the Celo Overview for a complete introduction to the platform.