CELO: A project being destroyed by market makers
<t-72/>#加密市场观察
First, let's get to know this project:
#CELO —Independent public chain to Ethereum Layer 2
The CELO team is composed of members from companies like Google, Coinbase, etc., and has established a 'mobile-first' strategy from the beginning, aiming to enable global users, especially the unbanked populations in developing countries, to easily use cryptocurrency for payments and DeFi services through smartphones.
The team has launched innovative features such as using phone numbers as payment addresses and supporting gas fees paid in stablecoins to lower the barrier to entry. The ecosystem has gradually developed, and the TVL (Total Value Locked) has seen rapid growth.
First, let's get to know this project:
#CELO —Independent public chain to Ethereum Layer 2
The CELO team is composed of members from companies like Google, Coinbase, etc., and has established a 'mobile-first' strategy from the beginning, aiming to enable global users, especially the unbanked populations in developing countries, to easily use cryptocurrency for payments and DeFi services through smartphones.
The team has launched innovative features such as using phone numbers as payment addresses and supporting gas fees paid in stablecoins to lower the barrier to entry. The ecosystem has gradually developed, and the TVL (Total Value Locked) has seen rapid growth.
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CELO
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