xCLEO
Extended CLEO "xCLEO"
Last updated
Extended CLEO "xCLEO"
Last updated
What is xCLEO? xCLEO is a new solution developed by the Cleopatra team to address the sustainability challenge associated with the natural fluctuations in flywheel operations. It serves as a non-transferable representation of 1 unit of CLEO, securely stored within the xCLEO token smart contract. xCLEO provides users with several conversion options to both CLEO and veCELO, each with unique penalties and vesting periods.