The first CELO reduction occurred in Q4, with the annualized inflation rate decreasing by 1%. A proposal in Q3 burned 80% of the base transaction fee and allocated the remaining 20% to the Green Fund.

Progress was also made on Celo’s migration, with the exploration of options such as OP Stack, Polygon CDK, zkSync’s ZK Stack, and Arbitrum Orbit.

Celo’s Real World Assets (RWA) ecosystem expanded