Celo upgrades tokenomics, may include buyback or burn mechanisms

BlockBeats2026/01/21 13:41

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BlockBeats News, January 21, Celo announced that the Celo Foundation and cLabs have officially merged to form a unified core contributing organization, tentatively named Celo Core Co. This restructuring aims to accelerate the delivery and speed of the Celo platform by 2026 and enhance synchronization with market demand.

At the same time, the official statement mentioned that details regarding the CELO tokenomics upgrade (including potential buyback and burn mechanisms) will be released soon.

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