How many CELO coins are currently in circulation?
Celo Coin (CELO) and Celo Dollar (CUSD) perform complementary functions on the platform.
The maximum total supply of CELO is 1,000,000,000 tokens, of which 600 million tokens were issued at the mainnet launch in April 2020.
The remaining 40% of the supply will be released gradually through fees and rewards, and various vesting schedules have been established to release tokens to early investors.
About 120 million CELO has been allocated as a reserve to ensure the stability of the price of the Celo dollar (CUSD).
CUSD, which is a stablecoin, provides a reliable and convenient payment method for Cello users, alleviating their worry about the fluctuation of the value of their funds.
