Celo native asset

CELOCopy token address/cUSD

#3
Price USD
$0.5710
Price
0.5710 cUSD
Liquidity
$207K
FDV
$397.2M
Mkt Cap
$309.7M
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Txns8,029
Volume$1.3M
Makers
453
Buys4,102
Sells3,927
Buy Vol$687K
Sell Vol$705K
Buyers235
Sellers302
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Pair created1y 11mo 26d ago
Pooled CELO200,409$114K
Pooled cUSD92,846$92K
Pair
EXP
CELO
EXP
cUSD
EXP
CELO
Celo native asset

Celo enables participation on the Platform, with the opportunity to earn rewards through network participation. Celo’s stability mechanism and token economics are designed in such a way that demand for cGLD directly increases as demand for Celo Dollars (cUSD) and other stable value assets increases. cGLD is a native cryptographic digital asset created at the mainnet release of the Celo Platform. cGLD has no relationship to physical gold. cGLD is a utility and governance asset required to participate on the Celo Platform. Some uses include: Running a validator to secure and operate aspects of the Celo Platform Voting for validators working to secure and operate the Celo Platform Participating in governance decisions to influence the future of the Celo Platform Supporting applications on the platform cGLD forms part of the overcollateralized reserve that supports the Celo stable value assets (initially Celo Dollar or cUSD). The Celo Protocol automatically adds cGLD to the reserve whenever the Celo stable value asset supply increases.