Hi Celo Community, cLabs, and Foundation teams,
I have been closely following the discussions regarding the 1.74M+ CELO accumulated from the sequencer revenue since the CELOccelerate proposal.
Right now, the community seems heavily divided: retail investors are demanding an immediate burn to reduce supply and boost market sentiment, while validators and developers want to retain the funds for staking rewards and ecosystem growth. This prolonged delay and technical debate are unfortunately hurting investor confidence, making the project look indecisive from the outside.
To break this deadlock and restore trust, I would like to formally propose a 3-Way Split Solution (Win-Win-Win) for this 1.74M CELO:
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33% - Immediate Burn: To honor the initial psychological commitment made to the market, creating immediate scarcity and boosting retail investor confidence.
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33% - Staking Rewards Vault: To reward our validators and long-term stakers who secure the network, providing them with sustainable real yield.
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34% - Ecosystem/Developer Grants: To fund upcoming dApps on our new Ethereum L2 infrastructure, driving long-term transaction volume.
Why this works:
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For Investors: It proves the Celo team delivers on their promises and cares about token price performance.
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For Validators & Devs: It provides the necessary resources to sustain and scale the network.
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For Celo’s Reputation: “Credibility brings liquidity.” A smooth, compromised solution will show the crypto world that Celo’s governance is mature, efficient, and investor-friendly.
I would love to hear feedback from core contributors and governance leads on how we can structure this into an official voting framework.
Thank you!