CELO just passed CELOccelerate with 97% approval. the mechanic: all stablecoin gas fees on the network get auto-swapped into CELO and sent to the community fund. 178m monthly transactions currently paying gas in cUSD about to become a continuous native token bid. no other L1 converts stablecoin fee revenue directly into native token buybacks. implementation window is 30-60 days. governance risk is zero. execution risk is nonzero. but the structural demand loop activating against $298b monthly stablecoin volume on a mobile-first chain with 14m wallets is not something you see often. the bet only breaks if transaction volume stalls. it won't be the vote that reprices CELO. it'll be the first on-chain buyback tx.
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