🎉Good news! The Eigen Foundation has allocated the first strategic grant to the Celo Foundation to support the use of EigenDA in Celo Layer 2. This is an important technical upgrade designed to reduce transaction costs and improve efficiency. 👏

Last July, cLabs first proposed migrating Celo from EVM-compatible L1 on EthCC and suggested using EigenDA. The implementation of this migration strategy will help avoid the high costs associated with native Ethereum storage to maintain Celo's extremely low transaction fees. 🚀

This move will undoubtedly bring greater potential and possibilities to Celo, and also shows the continuous innovation and progress of the blockchain industry. In this regard, we are optimistic and look forward to Celo's future development! 💪🎈