Key Takeaways
- Celo is a carbon-negative, mobile-first blockchain platform launched in 2020, designed to make decentralized finance (DeFi) accessible via smartphones, featuring a proof-of-stake consensus, the CELO governance token, and stablecoins like cUSD for low-cost transactions.
- Initially launched as a Layer-1 blockchain in 2017, Celo is transitioning to an Ethereum Layer-2 solution to leverage Ethereum’s security and ecosystem while maintaining its unique features, such as low gas fees and a mobile-friendly design.
- The Dango Testnet, launched on July 7th, 2024, by the Celo Foundation and core contributor cLabs, was Celo’s first L2 public testnet, marking a significant step in its transition from Layer-1 to an Ethereum Layer-2.
Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.
What Is Celo?
Celo is a mobile-first, EVM-compatible blockchain platform designed to make financial tools accessible to anyone with a smartphone, focusing on fast, low-cost global payments and supporting decentralized applications.
The Dango Layer 2 (L2) testnet, launched on July 7, 2024, by the Celo Foundation and developed by cLabs, marked a significant step toward integrating Celo as an Ethereum L2 network using Optimism’s OP Stack.
Forked from the Alfajores testnet, Dango preserved all historical data, including smart contracts and balances, and introduced enhancements such as 2-second block times, a 50% increase in throughput, 1-block finality, and fee abstraction, allowing multiple ERC-20 tokens (e.g., USDT, USDC) to serve as gas currencies.
Built with EigenDA for low transaction fees, Dango facilitated developer testing and infrastructure upgrades but was shut down on October 9, 2024, as the Alfajores L2 testnet took over to prepare for the Celo L2 mainnet launch in early winter 2024.
How To Qualify For An Airdrop?
To join:
👉 STEP 1: Head over to https://faucet.celo.org/alfajores to claim testnet tokens.
Enter your wallet address and sign in with GitHub to receive 10x tokens.
👉 STEP 2: Head over to https://testnets.superbridge.app/celo-testnet and bridge your testnet tokens.
Select the correct network and bridge your CELO test tokens. Additionally, perform regular bridging daily or weekly to maintain your activity.
👉 STEP 3: Keep an eye on official announcements and hope for the best!
Final Thoughts
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