6. OnChain Metrics
We have begun registering event participation on-chain through our collection of POAPs, minted on Celo. Now, each event includes a unique POAP, serving as verifiable proof of attendance and engagement. This initiative strengthens Celo’s commitment to transparency, accessibility, and community-driven participation, while also encouraging long-term involvement in the cCOP and Celo ecosystem. View our POAP collection here: https://collections.poap.xyz/collections/celo-colombia
To increase the transparency of our work, we implemented a full collection of POAPs. Our target is that every meeting, workshop or activity that is supported or activated by Celo Colombia has a POAP. While onboarding new participants initially presented some friction—mainly due to resistance in downloading both the wallet and the POAP application simultaneously—we have successfully engaged users by educating them on the value POAPs can bring to their businesses. So far, we have created 13 POAP drops, engaged 199 collectors, and recorded 19 unique events.
We have reached a total of 554 cCOP Holders.and over 32K transactions recorded on-chain. These numbers strongly reflect the effectiveness of our ongoing initiatives. Moving forward, our goal is not only to increase the number of cCOP holders but also to drive a higher volume of transactions using cCOP for real-world applications.
To enhance liquidity and accessibility, we have established a Uniswap liquidity pool for cCOP/USDT, which has been actively used by most current holders to swap between these assets. This pool is essential in demonstrating the ease of using and exchanging cCOP, ultimately increasing its utility. The Uniswap liquidity pool currently holds over $70K in TVL, providing competitive rates for users looking to trade the token.
Beyond Uniswap, CarbonDeFi offers additional trading pairs for cCOP, including cCOP/CELO and cCOP/WETH, further expanding the token’s usability within the DeFi ecosystem. These pairs currently hold over $30K in TVL, presenting new opportunities for users to integrate cCOP into decentralized finance.
To drive further adoption, we have partnered with the Stabila Foundation to incentivize liquidity providers in the cCOP/USDT Uniswap pool. This initiative is designed to attract experienced Web3 liquidity providers, increasing capital flow and investment opportunities in DeFi using cCOP. The incentives have been disbursed in CELO through the Merkl platform, ensuring a transparent and efficient distribution process.
By integrating cCOP into the broader DeFi landscape and securing key partnerships, Celo Colombia continues to strengthen its mission of promoting stablecoin adoption, financial inclusion, and blockchain accessibility in the region.
7. Moving forward for H1 2025
The establishment of the Celo Regional Council marks a new governance phase for Regional DAOs, enhancing coordination and optimizing funding distribution. Celo Colombia played an active role in shaping this initiative, contributing to the governance proposal, defining a transparent framework, and participating in key decision-making processes.
With this transition, Celo Colombia has set the following strategic priorities:
- Ensuring transparency and accountability: Implementing on-chain tools for financial tracking and milestone reporting.
- Utilizing the allocated budget effectively: Strategically utilizing funds to promote stablecoin adoption, strengthen community engagement, and support educational initiatives.
- Strengthening cross-DAO collaboration: Participating in joint initiatives with other Regional DAOs to scale blockchain adoption in Latin America.
- Preparing for Governance 2.0: Aligning with Celo’s L2 migration and governance upgrades to ensure smooth integration into the new framework.
With these objectives, Celo Colombia will continue to build a resilient and impact-driven ecosystem, fostering financial inclusion and decentralized innovation throughout the country.
8. Conclusion
During the first half of 2025, Celo Colombia focused on expanding its community, fostering engagement, and advancing the adoption of blockchain technology and stablecoins in the region. Through a structured strategy, we successfully increased our presence across multiple platforms, organized impactful educational initiatives, and laid the groundwork for $cCOP adoption.
Our efforts were guided by clear metrics and KPIs established in the Celo Colombia Funding and Operations Proposal, allowing us to track progress effectively. The community grew significantly, we hosted multiple meetups and workshops, and strengthened connections with both crypto-native and mainstream audiences.
While certain initiatives, such as hackathon participation and major industry events, are still in progress, they remain a priority for the coming months. We have also taken significant steps toward the integration of $cCOP, successfully formulating a liquidity strategy, establishing a Uniswap liquidity pool, and securing our first business partnership with BucksPay for off-ramp integration.
Looking ahead, we aim to build on these achievements by deepening community engagement, expanding educational programs, and solidifying partnerships that drive real-world adoption of stablecoins and decentralized finance solutions. As we continue evolving within the Celo ecosystem, our focus remains on fostering financial inclusion and innovation in Colombia through transparent and impactful initiatives.
To ensure accountability and measure progress, the following table summarizes the key performance indicators (KPIs) set for the proposal, alongside their current status:
| Metric | KPI | Description | Execution |
|---|---|---|---|
| Community Growth | |||
| Telegram | +150 | Increase the Telegram community by at least 150 members to expand our reach and engagement. | Complete with 201 members. |
| Twitter (X) | +500 | Grow the Twitter (X) account by an additional 500 followers to enhance visibility. | Complete with 650 followers. |
| +300 | Grow the Instagram account by an additional 300 followers to enhance visibility. | Complete with 542 followers. | |
| TikTok | +150 | Grow the TikTok account by an additional 150 followers to enhance visibility. Community Engagement |
Incomplete we only reach 83 Followers. |
| Meetups | +3 | Organize over 3 meetups in major Colombian cities during the DAO’s execution phase, each with approximately 50 participants. | Complete with more than 10 meetups in major cities. |
| Total Members Across Platforms | +650 | Achieve a combined increase of 650 members across Telegram, Twitter, Instagram & TikTok platforms. | Complete with more than 1K members. |
| Education and Awareness | |||
| Educational Campaign Reach | 1000 | Reach at least 1,000 individuals through educational campaigns on Celo in the local language. | Complete with more than 1K members. |
| Engagement Rate | 5% | Attain a 5% engagement rate on educational content to ensure active participation. | We manage to hold an engagement rate over 5% |
| Workshops/Webinars | +3 | Conduct over 3 workshops or webinars, each with 50 participants, to educate and train community members. | Completed. With Fenalco we managed to host 2 workshops with more than 50 attendants. Already signed agreement for Webinars recording. |
| Local Hackathon Participation | 50 | Participate in a local hackathon within the next four months, attracting at least 50 attendees to foster innovation and developer engagement. | Incomplete. But planned. |
| Event Presence | |||
| Major Event Participations. | At least 1 event | Secure presence at key industry events like the Colombian Fintech Forum and Tech Week Medellín to increase visibility and build networks. | Incomplete. But planned to participate in Blockchain Summit Latam and Crypto Latin Fest. |
| Preparation for $cCOP Integration | |||
| Liquidity Strategy | 1 | Formulate a liquidity strategy identifying key sectors for early adoption of $cCOP. | Already formulated |
| Uniswap Pool Creation | 1 | Create a cCOP/USDT liquidity pool. | Already created the LP and provided liquidity. |
| Partnerships with Businesses | 1 | Establish at least one partnership with a local business to facilitate $cCOP adoption and practical use cases. | Partnership established with BucksPay offramp integration. |