April Monthly Incentives Update – Celo
The Celo Stabila incentives program budgets $500k in $Celo tokens over 6 months, with monthly rebases, ramping up over time. During April, Celo finalized their Superchain L2 transformation and therefore initiated this incentives program.
Incentives Breakdown
| Pool | Distributed CELO |
|---|---|
| USDT/WETH | 20,370.37 |
| USDT/CELO | 9,259.26 |
| USDT/USDC | 23,148.15 |
| USDT/cUSD | 23,148.15 |
| USDT/cEUR | 20,833.33 |
| USDT/cREAL | 10,555.56 |
| USDT/cGHS | 5,555.56 |
| USDT/PUSO | 10,555.56 |
| USDT/cCOP | 10,555.56 |
| USDT/cKES | 10,555.56 |
| Total | 144,537.04 |
At a price of $0.30, a total of $43,361.11 was distributed this cycle.