Market Cap: $2 294 322 482 104 (2.05%)
  • Volume 24h: $277 796 713 863 (12.11%)
  • Market Cap Change 24h: 2.05%
  • BTC dominance: 50.93%

Celo Gold

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Celo Gold CGLD

CMC Rank: 106
  • USD: $4.61
    1h: 0.93% 24h: 3.22% 7d: 6.01%
  • BTC: 0.000089 BTC
All Time High: $5.41 2 months ago
Current price is -15 % from ATH
Market
  • Cap: $451 544 551
  • Vol 24h: $69 102 059 (15.30 %)
Supply
  • Circulating: 97 947 715 CGLD (9.8 %)
  • Total: 1 000 000 000 CGLD

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Celo Gold Price Chart

About Celo Gold

Celo Gold enables participation on the Platform, with the opportunity to earn rewards through network participation. Celo’s stability mechanism and token economics are designed in such a way that demand for cGLD directly increases as demand for Celo Dollars (cUSD) and other stable value assets increases.

cGLD is a native cryptographic digital asset created at the mainnet release of the Celo Platform. cGLD has no relationship to physical gold.

cGLD is a utility and governance asset required to participate on the Celo Platform. Some uses include:

Running a validator to secure and operate aspects of the Celo Platform
Voting for validators working to secure and operate the Celo Platform
Participating in governance decisions to influence the future of the Celo Platform
Supporting applications on the platform
cGLD forms part of the overcollateralized reserve that supports the Celo stable value assets (initially Celo Dollar or cUSD).

The Celo Protocol automatically adds cGLD to the reserve whenever the Celo stable value asset supply increases.

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CGLD Supply Allocation

Celo Gold All Time High Chart