Browser manufacturer Opera seeks to acquire 160 million CELO tokens, representing 16% of the token's maximum supply

TechubNews · 2026-03-20T01:52:34+00:00

Browser manufacturer Opera plans to replace the cash transaction scheme agreed with Celo with an allocation of 160 million CELO tokens, with the proposal submitted to the Celo governance forum. This change reflects the role of Opera's self-custodial crypto wallet MiniPay, which has gained 14 million registered users across 66 countries since its launch in 2023.

TechubNews

2026-03-20 01:52:34

Abstract generation in progress

Techub News reports that browser manufacturer Opera plans to replace its previous cash deal with Celo with a distribution of 160 million CELO tokens. The proposal has been submitted to Celo’s governance forum, aiming to replace quarterly USD rewards with a three-year token reward program. According to CoinMarketCap data, the circulating supply of CELO tokens is approximately 600 million, so the proposed distribution accounts for about 27% of the circulating supply and 16% of the maximum supply.

Opera and Celo stated that this change reflects the role of Opera’s self-custodied crypto wallet MiniPay on Celo. Since its launch in 2023, the wallet has reached 14 million registered users and processed 420 million transactions across 66 countries.

CELO7.34%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.