# \[Proposal\] Back Celo with Gold! 🧈

**URL:** <https://forum.celo.org/t/proposal-back-celo-with-gold/5823>\
**Category:** Governance\
**Created:** [May 16, 2023, 4:53pm UTC](https://forum.celo.org/t/proposal-back-celo-with-gold/5823 "2023-05-16T16:53:52Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Calma123](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/calma123/32/8155_2.png) [@Calma123](https://forum.celo.org/u/Calma123)\
**Post date:** [May 16, 2023, 4:53pm UTC](https://forum.celo.org/t/proposal-back-celo-with-gold/5823/1 "2023-05-16T16:53:52Z")

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Since Celo was initially deployed under the name “Celo Gold” and Celo’s primary function is stabilization, it would only make sense to back it with Gold. This would make the Celo protocol/Celo token more stable, better security and it can also be used as hedge against inflation. 🧈