# Celo > The programmable rails for global finance. Celo is an Ethereum Layer 2 blockchain that provides programmable infrastructure for global stablecoin payments and decentralized finance applications. Celo is an Ethereum L2 on the OP Stack designed for mobile payments and real-world financial access in emerging markets. Users can transact with low fees, pay gas in stablecoins, and access a range of local-currency stablecoin options through Mento. Its developer tooling and payment infrastructure enable AI agents and mobile-first applications to operate efficiently on-chain. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2017-01-01 - Profile: https://thegrid.id/profiles/celo ## Products - [Celo](https://thegrid.id/profiles/celo): Celo is an Ethereum Layer 2 blockchain built on the OP Stack, using EigenDA v2 for data availability and Succinct SP1 zkEVM for zero-knowledge proof verification. Transactions settle to Ethereum with one-block finality and sub-cent fees, while fee abstraction allows gas payment in supported ERC-20 tokens. The network supports stablecoin payments, DeFi, and AI agent infrastructure for high-frequency real-world transactions. (L2, Live, Main Product) - [Celo Names](https://thegrid.id/profiles/celo): Celo Names is a naming service on the Celo network where users register human-readable *.celo.eth subnames as their onchain identity. Built on ENS infrastructure, registered names resolve across wallets and applications in the ENS ecosystem. Users can attach avatars, social links, and websites to personalize their onchain profile. (Decentralised Identity, Live) - [Celo Mondo](https://thegrid.id/profiles/celo): Celo Mondo is a staking and governance portal for the Celo network where CELO holders delegate tokens to validator groups to earn staking rewards. The platform supports both standard delegation and liquid staking positions, with validator groups ranked by performance scores and available capacity. Users can also delegate voting power to participate in onchain governance proposals (Staking Service, Live) ## Assets - [Celo (CELO)](https://thegrid.id/profiles/celo): CELO is the native token of Celo, an Ethereum Layer 2 network built on the OP Stack. It is used for paying transaction fees, staking to validator groups to earn staking rewards, and voting on onchain governance proposals. CELO implements token duality, acting as both a native currency and an ERC-20 token simultaneously, so holders can use it across native transfers and smart contracts without wrapping. (Native) ## Links - [Main](https://celo.org) - [Whitepaper](https://celo.org/whitepapers) - [Blog](https://blog.celo.org) - [Privacy policy](https://celo.org/privacy-policy) - [Terms of Service](https://celo.org/terms-of-use) - [Media Kit/branding](https://celo.org/brand-kit) - [Governance](https://mondo.celo.org/governance) - [Documentation](https://docs.celo.org/home/celo) - [Discord](https://discord.com/invite/celo) - [Twitter / X](https://x.com/Celo) - [GitHub](https://github.com/celo-org) - [LinkedIn](https://www.linkedin.com/company/celo-foundation) - [Instagram](https://www.instagram.com/celoorg) - [YouTube](https://www.youtube.com/channel/UCCZgos_YAJSXm5QX5D5Wkcw) - [Medium](https://blog.celo.org) - [Twitter / X](https://x.com/cLabs) - [LinkedIn](https://www.linkedin.com/company/celo-labs) ## Legal This data is provided under two licensing models. Model 1 - open data. 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