X @Token Terminal ๐
Token Terminal ๐ยท2025-11-21 22:07
Token Utility & Demand - CELO functions as gas for the Celo blockchain, creating inherent buying demand [1] - Users can pay gas fees in USDT, USDC, or cUSD, which are then converted to CELO via DEX, increasing buying pressure [1] Staking & Security - CELO can be staked for rewards with a 3-day lock-up period, balancing reduced selling pressure and user accessibility [2] Governance & Long-Term Vision - cLabs is a non-profit, prioritizing the long-term success of the network and CELO asset over short-term revenue generation [2][3]