Celo CELO
Payments, applications, and governance.
Celo is an Ethereum layer-2 network for payments and applications. CELO is its ecosystem governance asset.
What is Celo?
Celo runs applications and digital transfers using infrastructure connected to Ethereum. It transitioned from an independent blockchain to an Ethereum layer 2 in 2025. CELO holders can participate in governance under the network’s rules.
CELO is not a dollar-pegged stablecoin. Bridges, applications, and governance contracts have risks; using an Ethereum-connected network does not eliminate possible losses.
Why people pay attention
Applications
Developers can build payment and other services.
Ethereum connection
Celo operates as a layer-2 network.
Governance
Locked CELO can participate in proposal voting.
Origins & development
Celo transitioned to an Ethereum layer 2 in March 2025. This milestone describes its network upgrade, not the original creation of CELO.
Explore more
Related stories and learning resources will be added after editorial review.
Sources & further reading
Draft — editorial review pending