Deep Tide TechFlow News: On March 19, according to CoinDesk reports, Nasdaq-listed browser company Opera (ticker: OPRA) has submitted a proposal to the Celo governance forum requesting to replace the existing cash agreement with a 3-year token reward plan. Specifically, a one-time transfer of 160 million CELO from unreleased treasury to a multi-signature wallet controlled by Opera.

This allocation accounts for approximately 27% of CELO's current circulating supply and is equivalent to 16% of its maximum supply of 1 billion tokens. To ensure governance balance, the proposal stipulates that voting rights for the aforementioned tokens will be capped at no more than 10% of total staked CELO, with emergency exceptions.