Celo Has Bought Back 9.1M $CELO Since April:
Celo says 9.1M $CELO has been bought back since its CELOccelerate tokenomics overhaul in April, with another 600K bought this week. Here's how it works: 100% of net revenue from sequencer and stablecoin gas fees goes to buybacks for the Community Fund. Celo also says it hosts 33+ stablecoins across 20 currencies. $CELO trades ~$0.0972 (+5.5%) on Binance.
Celo says 9.1M $CELO has been bought back since its CELOccelerate tokenomics overhaul in April, with another 600K bought this week. Here's how it works: 100% of net revenue from sequencer and stablecoin gas fees goes to buybacks for the Community Fund. Celo also says it hosts 33+ stablecoins across 20 currencies. $CELO trades ~$0.0972 (+5.5%) on Binance.