We are excited to announce that we now support mobile payments, DeFi and Layer 1 protocol – Celo
Our customers can now:
- Hold CELO and CELO based tokens such as cUSD, cEUR, cREAL etc
- Allow their users send, receive and swap CELO and CELO based tokens in their wallets
- Interact with CELO smart contracts and DeFi protocols via DeFiBridge with wallet connect.
Want support for $CELO?
More About CELO
CELO is a blockchain that aims to tackle one of the key user experience problems with cryptocurrency: confusing public keys. Celo swaps public keys (36 string long alphanumeric characters for identifying cryptocurrency accounts) with a mobile phone number. That makes sending and receiving cryptocurrency much easier and more accessible for newcomers to the market.
Celo is a blockchain aimed to bring crypto right to your phone with its user-friendly experience. Many people have smartphones and lots of those people use applications like Venmo, Revolut and Cash App as their digital wallets to easily send money to friends and other users. Celo is trying to bring all of the advantages of cryptocurrency to the average smartphone user without the complexity involved.
Celo is a proof of stake layer 1 protocol and blockchain platform, and the Celo Mainnet even though a fork of ethereum is entirely separate from the Ethereum network. Celo has several significant differences from ethereum, including a proof-of-stake based PBFT consensus mechanism. The Celo network supports and facilitates DeFi protocols including Ubeswap, Airswap, Celolaunch etc.
THRESH0LD currently supports 43 blockchain protocols, 390K+ assets and growing (all assets we support).