What's Celo Ecosystem

Khadijah MusaKhadijah Musa
1 min read

Celo’s ecosystem is a dynamic network of tools, projects, and communities on the Celo blockchain, focused on financial inclusion and making blockchain accessible to underserved regions.

Core Components

  • Celo Blockchain: Mobile-first, Ethereum-compatible blockchain supporting smart contracts and decentralized finance (DeFi).

  • CELO: The native token used for governance, staking, and transaction fees.

  • Stablecoins (cUSD, cEUR): Pegged to the US Dollar and Euro, used for stable, everyday transactions.

Key Projects

  • Valora: A mobile wallet for sending, receiving, and storing Celo assets.

  • Ubeswap: A decentralized exchange (DEX) on Celo.

  • Moola Market: A lending and borrowing platform on Celo.

  • Impact Market: Provides universal basic income (UBI) via blockchain.

Developer Tools

  • Celo SDK & ContractKit: Tools for building and deploying mobile-friendly dApps on Celo.

  • Forno: A service that simplifies connecting to the Celo network.

Community & Governance

  • Celo Foundation: Supports ecosystem growth through grants and partnerships.

  • Celo Governance: Allows CELO holders to vote on protocol changes.

  • Celo Alliance for Prosperity: A global coalition working to build an inclusive financial system.

Sustainability

  • Carbon-Neutral Blockchain: Celo is committed to reducing its environmental impact.

  • Regenerative Finance (ReFi): Projects focused on environmental restoration using blockchain.

visit: https://docs.celo.org/learn/celo-ecosystem to learn more about Celo Ecosystem.

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Written by

Khadijah Musa
Khadijah Musa

I'm a Software developer with a strong passion for blockchain technology and a proven track record in onboarding and training developers. With experience leading teams to deliver dapps and contributing to open-source projects, I thrive in collaborative environments aimed at advancing technology adoption. Eager to leverage my full-stack development skills to drive impactful solutions that make a difference in the tech community.