What is Bella Protocol (BEL)? All information about the BEL . token

• What is Bella Protocol (BEL)?
• 5 products of Bella Protocol ecosystem (BEL)
• Highlights of Bella Protocol (BEL)
• Automation 
• Save on gas costs 
• Automatically reinvest for double profit
• Project development team, investors and partners of Bella Protocol (BEL)
• Project development team
• Investors
• Partner
• Basic information about the BEL . token
• What is BEL token used for?
• Allocation of BEL . tokens
• BEL token release schedule
• How to earn and own BEL . tokens
• BEL token exchange and storage wallet
• Evaluate the project potential and should invest in BEL token or not?
• Social network
• summary

What is Bella Protocol (BEL)?

Bella Protocol (BEL) is a protocol that aggregates decentralized financial products including automated yield farming tools, lending, savings deposit accounts, and more. 

The development team is proud to announce that they can make the user investment process easier than ever, assets will grow on their own thanks to automatically designed smart contracts and safe. 

In addition, the protocol's smart pool system allows users to find and access the best yield farming in the DeFi market with almost zero gas fees.

The project was launched in September 2020 by the ARPA development team. This is also the first project to be launched through Binance's Launchpool platform. 

5 products of Bella Protocol ecosystem (BEL)

Bella Liquidity Mining

Users have two ways to mine BEL tokens:

• Bootstrap token BEL from DeFi apps or from ARPA community
• Staking LP tokens like ARPA/USDC and BEL/USDC to receive BEL tokens as rewards.

Bella Flex Saving

• Arbitrage trading strategies are optimized to bring the most profit to users
• In particular, this feature also supports many cryptocurrencies and Stablecoins.

Bella One-Click

Bella One-Click will help users to access all popular products in DeFi market with one click without gas fee thanks to unique smart portal feature. 

Bella Lending

• Allows users to access liquidity on decentralized financial markets flexibly
• There is a referral commission mechanism and many attractive rewards from liquidity pools.

Bella Robo-Advisor

• Designed to automatically adjust risk management parameters according to user profiles 
• Users can also set their own crypto, index and stablecoin investment options for profit.

Highlights of Bella Protocol (BEL)

Automation 

The core idea of ​​Bella Protocol is One-Click. They designed the protocol to be a toolkit that automates everything, allowing users to no longer have to perform complex multi-step operations like on other platforms. 

All investors need to do is just one click deposit into Bella Protocol and start enjoying high returns from sophisticated arbitrage strategies based on blockchain algorithms. 

Save on gas costs 

Expensive gas fees are a major barrier for users who want to use the benefits that blockchain brings. It can go up to $500 when making deposits and withdrawals from protocols like Curve.fi. 

With Bella Protocol's Flex Savings V2 technology, users will save up to 90% on gas costs thanks to built-in yield aggregation mechanisms. 

Automatically reinvest for double profit

All user profits are automatically reinvested in the best yielding protocols, helping them earn profits above their expectations.

Project development team, investors and partners of Bella Protocol (BEL)

Project development team

As reported in the previous sections, the Bella Protocol team is also the development team of the ARPA project, a Layer 2 blockchain scaling solution that provides a secure algorithmic network.

In which, the most prominent are the two co-founders, Felix Xu and Yemu Xu:

• Felix Xu – CEO of Bella Protocol and also one of the founders of ARPA. Felix has many years of experience in venture capital. He is also a financial analyst. 
• Yemu Xu – Co-Founder of Bella Protocol: Yemu is an outstanding businessman with many years of experience as an analyst and financial advisor. 

In addition, the Bella Protocol development team also gathers more than a dozen talents in many related fields such as: Blockchain, finance and product development.

Investors

Bella Protocol has attracted many famous investment institutions such as: Binance, Tensor Ventures, HBTC Labs, AlphaCoin Fund...

Partner

Bella Protocol has also developed partnerships with older people such as Travala.com, ForTube, Alchemy Pay, etc.

Basic information about the BEL . token

Details about BEL token:

• Ticker: BEL
• Blockchain: Ethereum
• Token Standard: ERC-20
• Token type: Utilities, administration
• Total supply: 100,000,000 BEL
• Circulating Supply: 48,000,000 BEL

What is BEL token used for?

The BEL token plays an extremely important role in promoting the development of the entire Bella Protocol ecosystem. On the other hand, BEL token holders will enjoy a lot of benefits from this token:

• Payment of transaction fees: Bella offers a diverse set of DeFi products from yield farming, lending to robo-advisor. To use these services, users will have to pay a transaction fee in BEL tokens. Revenue from network services will be used to reward liquidity providers and stakers.
• Discounts: BEL owners also get a discount on service fees. For example, the robo-advisor service will charge a percentage fee based on the profit generated by the user. If paying with BEL, they get a substantial discount.
• Staking: Staking helps BEL holders receive network rewards and have the right to vote on issues that arise during protocol governance such as: Potential product upgrades, new releases, and corruption fixes number…

Allocation of BEL . tokens

100,000,000 BEL tokens will be distributed as follows:

• Binance Launchpool: 5%
• Private Sale: 6%
• Public Auction: 2%
• Ecosystem: 18%
• Reserve: 4%
• User Growth: 40%
• Staking Rewards: 10%
• Team: 15%

BEL token release schedule

The BEL token release schedule is announced by the development team according to the table below:

In there: 

• Binance Launchpool: Unlock at the time of release
• Public Auction: Unlock at the time of release
• Private Sale: Unlock gradually within 4 consecutive quarters since release 
• Ecosystem: 8% will be unlocked immediately upon release, the remaining 10% will be locked for 2 months and will be gradually unlocked every quarter within a year thereafter
• Reserve: Unlock gradually within 4 consecutive quarters since release 
• User Growth: 3% allocated to the liquidity mining pool in the first two months after the release. After that, the remaining tokens will be released linearly over the next 48 months.
• Staking Rewards: Unlock every month 0.28% since November 2020
• Team: Unlock gradually within 24 months after 3 months from the first sale.

As such, at the time of writing (May 2022), BEL tokens have unlocked tokens allocated to: Binance Launchpool, Public Auction, Private Sale, Ecosystem, Reserve and will be fully unlocked by the end of 2024.

How to earn and own BEL . tokens

Currently, you can earn and own BEL tokens through forms such as: Yield farming, liquidity mining, lending, staking... on the Bella protocol.

In addition, you can also buy this token on cryptocurrency exchanges.

BEL token exchange and storage wallet

The top exchanges to trade BEL tokens are: Binance, MEXC, BingX, Hotcoin Global… 

Since the BEL token is designed according to the ERC-20 standard, users can choose the following popular crypto wallets to store them: MetaMask, Trust wallet, Ledger Nano S…

Evaluate the project potential and should invest in BEL token or not?

In the current context, DeFi is the focus of attention of the crypto community. It has grown at breakneck speed since last year and shows no signs of stopping. 

Bella Protocol is on the right track when it comes to goals to improve user experience, integrate multiple DeFi services into one platform, remove barriers such as gas fees and complex processes. This is the urgent need of the majority of users today.

The project is also built by a strong team of technology, with extensive knowledge in the financial field. Therefore, investors can fully expect the development potential of this project in the long term. 

However, the Crypto market is in a period of decreasing adjustment and volatility, if you are really interested and want to invest in the project, you should consider choosing a reasonable time to participate, to avoid encountering negative consequences. unnecessary risk.

Social network

During project analysis and evaluation, you can refer to Bella Protocol for more information on official social networking sites such as:

Website | Twitter | Discord | Medium

summary

The above is all basic information to help investors understand what Bella Protocol (BEL) is and can make their own assessments about the development potential of this project. Stay tuned for more outstanding projects on TraderH4 to choose your favorite coins.