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Celo native asset

CELOCopy token address/mcUSD

#17
Price USD
$0.3250
Price
0.3250 mcUSD
Liquidity
$166K
FDV
$324.9M
Mkt Cap
$187.2M
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Txns287
Volume$11K
Makers
52
Buys161
Sells126
Buy Vol$6.0K
Sell Vol$5.1K
Buyers36
Sellers38
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Pair created3y 8mo 28d ago
Pooled CELO255,956$83K
Pooled mcUSD83,187$83K
Pair
EXP
CELO
EXP
mcUSD
EXP
CELO
Celo native asset

Celo enables participation on the Platform, with the opportunity to earn rewards through network participation. Celoโ€™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.