Celo Native token
Overview
Celo Native refers to the native asset (CELO) of the Celo blockchain, a mobile-first platform designed for decentralized finance. It is used for paying transaction fees, staking to secure the network, and participating in on-chain governance.
Within the DeFi Intel graph, Celo Native connects to 4 tracked entities, most strongly to Celo, Mento Dollar, Celo Dollar.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Celo | 90% |
backed_by | Mento Dollar | 90% |
backed_by | Celo Dollar | 90% |
backed_by | Celo Euro | 90% |
Frequently asked questions
What is Celo Native?
Celo Native is the native asset (CELO) of the Celo blockchain, a mobile-first platform designed for decentralized finance.
What is Celo Native used for?
Celo Native is used for paying transaction fees, staking to secure the network, and participating in on-chain governance.
What assets are backed by Celo Native?
Celo Native backs Mento Dollar, Celo Dollar, and Celo Euro.