Celo to Launch Eclair Testnet

Celo announces that the Eclair Testnet is now operational, marking the first public network deployment that integrates OP Succinct Lite with EigenDA v2. The release represents a further step in the project’s transition to an Ethereum Layer 2 environment.

CELO Info

Celo was designed to enable a new universe of financial solutions accessible for mobile users, creating a global financial ecosystem where an end-user can onboard into the Celo ecosystem with just a mobile number.

Celo makes sending payments as easy as sending a text, to anyone with an internet connection, anywhere in the world. Celo maps phone numbers to wallet addresses using a novel decentralized address-based identity layer. Mobile participants can earn rewards for securing and maintaining the system.

CELO is the platform-native asset that supports the growth and development of the Celo blockchain and ecosystem. CELO holders can earn rewards, stake with validators, and vote on proposals that shape the future of Celo.