🥳 Happy Birthday Celo! 🎂
Celo is officially 4 years old! Some highlights:
Stats
⛓️ 25M blocks
🧑🤝🧑 119M wallet addresses (with DAUs up 2,213% YoY)
💸 370M transactions (with a peak of 21M txs processed in just 1 day)
🌳 6,528 tons of CO2 offset (2x the yearly average so far)
🚦…
After many months of research, I'm excited to share cLabs' proposal for turning Celo into an Ethereum L2!
This is the start of Celo's return home to Ethereum!
What a week everyone! It's been incredible, but sadly my time in Paris 🇫🇷 is coming to an end.
I'm so grateful to have spent time connecting with you all!
Special and heartfelt thanks to
@VitalikButerin
for the generous in-person feedback on the Celo L2 proposal!
Today, the
@CeloOrg
community is registering for the $100M carbon removal
@xprize
and launching the , a community driven effort to fight climate change by tokenizing rainforests and placing them in the Celo Reserve.
Grab a sustainable ☕️ and read on 👇
You can now pay for gas with tokens while using
@Uniswap
🤓
e.g. I just bought some cEUR with cUSD and paid for the transaction entirely with cUSD.
Just one of the many benefits now that
@uniswap
is on
@CeloOrg
. The future is here 🤖
I'm absolutely thrilled to be sharing that
@Mysten_Labs
will be joining the
@CeloOrg
ecosystem today 🙌 Mysten will work to make the Celo platform the fastest EVM compatible chain by bringing the Narwhal and Tusk consensus innovations to Celo 🐬
Learn more below 👇
1/ Today marks an important day with the launch of
#DeFi4ThePeople
by
@CeloOrg
. We are making DeFi accessible to everyone by powering real-world use cases through a mobile-first approach. We are one step closer to bringing DeFi to the 6 billion smartphone users around the world.
3/ Celo today ⬇️
📈 Over 1 million wallet addresses
📈 113 countries and counting
📈 Over 400,000 daily transactions
📈 Over $578M TVL on
@ubeswap
,
@Moola
, and the Celo Reserve backing cUSD and cEUR
We’re growing faster than ever.
I've been getting pings about UST and what it means for Celo stables. Here are my thoughts. I want to preface that algorithmic stablecoins are still a relatively new type of decentralized stablecoin and that I wish the Terra ecosystem the best while they work through the de-peg.
My 2024 goals:
1. Help
@CeloOrg
complete its transition to an Ethereum L2
2. Help make real world use cases the next bull market driver for crypto, including mobile payments (e.g. via
@Valora
)
3. Make Celo the
@Ethereum
ecosystem alternative to Tron and have it reach millions…
Which Celo feature do you like the most?
🚄 Scalale PoS consensus + EVM compatibility
🌳 Carbon negative
👩🔬 SNARK-based light client that can sync from web app
⛽️ Pay for gas with ERC20 tokens
📱 Decentralized phone verification
💵 FiatConnect + Connect The World Initiative
Firstly, the Chainlink SCALE proposal, which will subsidize chainlink node operators on Celo, passed with near unanimous support 🥳
@chainlink
is frequently a top developer ask. Excited to see it coming to
@CeloOrg
!
The Graph Network is adding support for
@CeloOrg
! 🌱
The mobile-first, carbon-negative, & EVM compatible blockchain ecosystem is coming to the decentralized network!
Which Celo dapp is your favorite? Tag them below ⬇️
The Celo network has successfully hardforked to Gingerbread 🎉🙌 Benefits include:
🥐 L2 prep. First of two hardforks that will upgrade Celo to an L2
🚄 Higher scalability supported (just under 900tx/s)
🦇🌳 Ultragreen money
👉 Governance delegation
⛓️ New transaction types
1/ 📣Today, we are proud to announce that another way to access DeFi is on the menu!
@SushiSwap
is launching incentives on
@CeloOrg
today as part of the
#DeFi4ThePeople
initiative. Our promise to bring DeFi to more than 6B+ users is now closer to becoming a reality.
A thread👇
A mobile browser with over 500M downloads just launched a stablecoin wallet focused on p2p payments on Celo.
@Opera
@MiniPay
is now live! Learn more below!
📢 It’s finally here! We're thrilled to introduce
@MiniPay
by
@Opera
, a new dollar stablecoin wallet built on Celo to onboard millions of mobile users across Africa to Web3! 🌍🧵
Did you know
@IPCTmarket
has raised over $1M to give unconditional cash payments to Ukrainian people in need? The
@CeloOrg
Foundation is a proud supporter 🙌
Now that CGP 57 has passed, Celo supports ~500 EVM transactions per second 🚀 This is just the start though. The following additions are coming too 🙌
➰ Batch signature verification
🐬 Narwhal-based mempool
🏃 Move VM
1/ Native $USDC is coming to
@Celo
!
Celo is a mobile-first and EVM-compatible blockchain network that’s built for the real world and designed for fast, low-cost payments worldwide.
Explore what native USDC on Celo means for the ecosystem. 👇
If you're thinking about your next move and wondering where you can do mission driven work while also solving really difficult technical problems, crypto is still here and I can safely say, the community has only gotten better in the last two years!
Come join us!
I'm seeing a bunch of conversations talking about how the next generation of stablecoins will be community currencies. That's an exciting future I'm fully bought into.
In my 6 years building in crypto, I'm more impressed than ever about the quality and drive of people I've been meeting recently at web3 events.
Humbled to be building with all of you 🙌
1/ Excited to announce
@Valora
's latest set of backers today! Valora is putting crypto in the hands of people around the world, many of whom were first-time crypto users and are now exploring the power of DeFi.
The Celo Donut Hardfork 🍩 will introduce a number of exciting features! Some highlights:
🦊 MetaMask support
🥨 Ed25519 Precompile
➰ BLS Curve Operations on 12-381 and 12-377
#⃣ Blake2s Precompile
If you've been waiting for these on Ethereum, check it out!
#DonutIsComing
Things some builders are building on Celo:
📱 Mobile Payments (Valora, Opera Minipay, Ammer)
🌍 RWAs (Huma Finance, Jia, Centrifuge)
🌳 ReFi (Toucan, FlowCarbon, and Thallo)
👐 Impact (ImpactMarket, GoodDollar, Plastiks)
🤝 Commerce (Kickstarter)
⚖️ Stablecoins (Mento, Angle)
A few minutes ago, the
@CeloOrg
Mainnet RC1 validated its first block with a quorum of community validators 🚀
System contract deployment and governance proposals are next.
Big thank you to all developers and validators working hard to get us here!
It's well known that running large scale decentralized distributed systems is an extremely challenging task. It takes events like these to harden our networks so they can become the bedrocks of the exciting web3 future we are working towards 🦾🤖
We've launched a crypto-native fundraising campaign to support Ukraine with humanitarian aid.
Pls, retweet! Let's provide life-changing support for those in need, and truly make the difference.
1/10
Celo governance proposal 56 just landed. It's proposing a change to the
@MentoProtocol
reserve allocation to include more non-volatile assets.
Time to upvote if you want it voted on 🙌
🚨 This just in: native USDC is now live on
@Celo
! 🚨
This mainnet integration will further everyday adoption of digital currencies & assets w/
@circle
's USDC enabling a more open, equitable, and connected financial future & unlocking powerful use cases across the ecosystem 🙌
This week is another unfortunate reminder of Not Your Keys, Not Your Crypto. It's clear that we need to continue to work hard at making *self-custodial wallets* competitive with centralized offerings, but how?
Learn more in the following 🧵
What does a web app that syncs with the chain near instantly look like? Here's an example of trustlessly loading and verifying balances using plumo proofs 🙌
HNY everyone! Some fun Celo stats to get you excited for what's ahead!
- Celo processed 300M transactions right before the New Year 💪
- Daily gas use has doubled since Nov 22nd 🙌
- Monthly active addresses crossed 1.5M during Dec 🧑🤝🧑
More stats here:
Celo is fast becoming the best Ethereum option for payments, thanks to:
💵 Native USDT and USDC
💶 Long tail stables by
@MentoLabs
and
@AngleProtocol
🚅 1 slot finality and cheap fees
😌 Ability to pay for gas with tokens
📱 Phone num identifiers via
Let's build a WhatsApp of money. It will require a joint effort with easy on/off ramps in every country in the world 🌍
"Connect the World" is incentivizing that future 🙌
This month,
@FreeWillLe
and his team at
@CeloInnovation
kicked off the Connect the World (CTW) initiative and the response has been overwhelming from teams all over the world! 🌎
Here are some status updates, upcoming priorities, and a call for feedback from the community.
🧵⤵️
Hackers! 👋
The
#ActivateMiamixWormhole
hackathon approaches.
Shoutout to the
@CeloOrg
community always super active in our mentions. We are thrilled to have you.
If you haven't signed up yet, there's still time 👉
📆 May 18-22nd | Miami 🌴
Just arrived in Paris 🇫🇷 Can't wait to see you all! For those looking to see me speak, find me at these awesome events:
@stable_summit
: July 16, 1:30pm - Accelerating Real World Adoption of Stablecoins
@FundingCommons
: July 16, 3:40pm - Public Goods That Will Onboard the Next…
If you're new to the
@CeloOrg
ecosystem and want to learn more,
@packyM
's incredibly well written and comprehensive 9,000 word article is a great place to start.
Grab a ☕️, get comfy, and enjoy:
Big week for
@CeloOrg
🌥️ CELO is now trading on
@OKEx
,
@CoinList
added staking support, and the CP-DOTO cUSD/CELO (🟢/🟡) onchain exchange just increased liquidity by 5x 🙌