Fraudulent garbage coins, super garbage market makers and project parties. The coin price is at a new low every day, now even lower than on the 11th day. Hurry up and take it off the shelves, don't harm others anymore.
celo
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🚨 Just in: a note from Celo co-founder Rene Reinsberg on shaping the future of CELO tokenomics:
Celo is entering a new era. 2025 has been a year of transformation and massive growth, becoming the #1 L2 by DAUs, leading transport layer for USDT, and real-world apps onboarding millions of users to the Celo ecosystem. This progress makes it clear - we’re ready for upgraded tokenomics that scale with our rapidly growing network, considering CELO buybacks & burn mechanisms, and refine long-term economics to support the next decade of the ecosystem.
We propose the CELO Tokenomics Initiative, a community-wide effort driven by @cLabs and the Celo Foundation to redefine network economics. While tokenomics have evolved over the five years since mainnet launch, including the Great Celo Halvening, which reduced inflation to 1%, it’s time for an economic model that reflects Celo today: a leading Ethereum Layer 2 used by millions and still growing.
Together, we invite the community to shape CELO economics that are optimized for the millions of transactions the network facilitates every day.
Our Vision 2030, bringing a trillion-dollar economy onchain to @Celo, positions the network for significant revenue growth. We’re already on the right path, with network revenue up 10x since early 2024, and killer apps like @MiniPay onboarding 11M+ users and facilitating 300M+ stablecoin transactions since launch.
The pieces are in place: we have cutting-edge infrastructure, we have global distribution. Now, our work is ensuring network usage benefits the community supporting and driving this activity. This next step is for all of us, together, and will help define the ecosystem for years to come.
Join the discussion in the Celo Community Forum as we build the future of CELO together and shape this new era. https://forum.celo.org/t/launching-the-celo-tokenomics-initiative-designing-the-next-era-together/12749
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.