Bella Protocol

Bella Protocol

BEL
$0.560105203%7.30

Key Metrics

Price$0.560105203
Real Volume (24H)$1,975,670.74
Marketcap$36,406,838.22
Fully Diluted Valuation$39,697,351
ATH$9.99
ATH Date9/15/2020, 2:44:52 PM
ATL$0.215285
ATL Date5/12/2022, 10:20:45 AM
Circulating Supply60M
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank756
Chart
What is Bella Protocol?

The Bella Protocol (BEL) is a decentralized finance (DeFi) project that aims to revolutionize the way individuals interact with their digital assets. The platform offers a wide range of DeFi products including hybrid yield framing, lending protocols, one-click savings accounts, and custom Robo-advisors. The main objective of Bella Protocol is to create an ecosystem that allows users to maximize the yield of their DeFi investments with the help of computer-assisted trading strategies.

One of the primary challenges in the DeFi world is the high gas fee, slow speed, and poor user experience that many DeFi products are known for. Bella Protocol addresses these challenges through its innovative one-click design. Users no longer have to switch between multiple protocols to farm for improved yield, as the one-click design streamlines the process and helps users grow their assets. For example, Bella Flex savings is a smart Robo-advisor that offers risk-adjusted and sustainable returns for multiple cryptocurrencies and stablecoins.

The BEL token is the governance token of Bella Protocol, which gives its owners the power to participate in the voting process and shape the future of the protocol. The token ecosystem allows token holders to vote for potential upgrades, new releases, and parameter fixes. Additionally, BEL holders can stake their tokens and receive discounts on service fees charged by DeFi protocols and Robo-advisors for custodian services. This allows users to receive a discounted amount when disbursing with BEL coins.

In terms of tokenomics, Bella Protocol has distributed its total token supply in a way that aligns with its mission and objectives. Fifteen percent of the tokens are kept for the team of Bella Protocol, ten percent of the tokens are allocated for staking, forty percent of the tokens are kept for user growth, four percent of the tokens are reserved for future usage, eighteen percent of the tokens have been allocated to the Bella Protocol ecosystem, six percent of the tokens are for private sale, two percent of the tokens have been allocated for auction, and five percent of the tokens are kept for the launch pool of the platform.

Overall, Bella Protocol offers a one-stop solution for DeFi investors looking to maximize their yields and minimize the hassle of managing multiple protocols. With its user-friendly design, innovative DeFi products, and rewarding token ecosystem, Bella Protocol is poised to be a game-changer in the world of decentralized finance.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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