Wrapped Celo (WCELO)

wCELO is the ERC-20 compliant asset pegged to the value of CELO the native token for the CELO protocol. The Celo protocol enables fast and efficient payments that don’t rely on a 3rd party intermediary. With this technology, Celo can potentially enable materially improved payments networks in emerging markets with the CELO functioning as the work token that is staked to secure and verify transactions on the network. wCELO holders can unwrap and redeem their wCELO for CELO at wrapped.com.