Celo: Net transaction revenue now funds CELO buybacks - 02 Nov 2026
Celo now directs net revenue from every transaction to CELO buybacks. The change makes transaction revenue the funding source for purchases of the network's token.The buybacks tie demand for CELO directly to network usage. Celo has reached 1.5 billion lifetime transactions, giving context to the activity behind this revenue stream. The change establishes an ongoing source of buyback funding for holders. Celo has not stated the size of the buybacks.October 2024: Celo reached 500M lifetime transactionsOctober 2025: Celo hit 1B lifetime transactionsOctober 2026: Celo surpassed 1.5B lifetime transactionsReal usage keeps adding up. And now, net revenue from every transaction goes to buybacks