Cask Protocol Launches On The Celo Network

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Celo team announced via Twitter on Friday that Cask Protocol has launched on its blockchain.

The Celo team announced via Twitter on Friday that Cask Protocol has launched on its blockchain. Cask is a decentralized non-custodial protocol for powering money flow automation in web3. 

Celo added that Cask Protocol provides users, projects, and protocols a convenient, accessible, and cost-efficient way to move money on web3 regularly. With this deployment, Celo users can automatically send peer-to-peer payments, pay with recurring payments, and more. 

Celo is an open platform that supports various distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys. CELO is down by more than 3% in the last 24 hours and is currently trading at $0.762.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.