X @Token Terminal π
Token Terminal πΒ·2025-11-21 22:07
RT marek.celo.eth π¦π³ (@marek_)After seeing this chart, people have been asking me what @Celo's token economics looks like.Like any native asset, CELO can be used to pay for gas on the chain, which creates buying demand for the asset. Of course, users can also pay in USDT, USDC, or cUSD and when people do so, these assets get converted under the hood into CELO using a DEX, creating more buying pressure.CELO is also a staking asset, so you can earn a reward by locking it for 3 days. We've found that 3 days is ...