Celo has completed the Halving, and the inflation rate in the new Token economic model has dropped to around 1%.

ForesightNews · 2025-04-03T12:52:43+00:00

According to Foresight News, Celo announced that the Celo Halving has officially been completed. After the community unanimously approved and executed the CGP-169 proposal, the hard supply cap for the CELO Token in the new token economic model is set at 1 billion coins, with the inflation rate reduced from 2% to around 1%. This update also includes adjustments to the validators' rewards mechanism and the stake mechanism, as well as changes in fee distribution, with 10% (-10%) allocated for carbon compensation and 90% (+10%) allocated for network operations.

ForesightNews

2025-04-03 12:52:43

Foresight News reports that Celo has announced the successful completion of the Celo Halving. After the community unanimously approved and executed the CGP-169 proposal, the hard supply cap of the CELO Token in Celo’s new token economic model is set at 1 billion coins, and the inflation rate will be reduced from 2% to around 1%. This update also includes adjustments to the validators rewards mechanism and the stake mechanism, with fee distribution also being adjusted, where 10% (-10%) is allocated for carbon offsetting and 90% (+10%) is allocated for network operations.

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