ReFi (Regenerative Finance) is having a moment. ReFi is a reimagining of the financial system that accounts for the needs of all stakeholders, current and future. It puts a price on externalities: charging those who create negative externalities and rewarding those who create positive externalities.
Celo is becoming ReFi's home. Celo is a carbon-negative EVM-compatible Layer 1 blockchain designed to make it accessible and usable by anyone with a smartphone, anywhere in the world. Celo was built with its mission in mind and is making a big bet: in an omni-chain world where liquidity is not loyal, a blockchains distinctiveness and strength of mission will determine success.
In this essay -- Not Boring breaks down Celo's mission and what the world looks like if it succeeds.
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