Bella Protocol

Bella Protocol (BEL)

Full information about Bella Protocol (BEL). Current Bella Protocol price in CDF, BEL open/close rates, Bella Protocol history charts, Bella Protocol market capitalization and volume.

1 BEL = 1 337.58 FC Congolese Franc (CDF)
0.6079894 CDF

Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago 1 USD = 2199.999711 CDF

General information
Global rank:592
Name: Bella Protocol Bella Protocol
Symbol:BEL
Current coin price (CDF):1 337.58 FC
Last hour:arrow_upward1.38 %
Last 24 hours:arrow_downward-5.35 %
Last 7 days:-4.86 %trending_down
Capitalisation (CDF):96 672 514 900.75 FC
Volume 24h (CDF):9 058 784 810.00 FC
Available supply:72 274 376.00 BEL
Total coin supply:-1 BEL
Start date:2020-09-08
Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago

Bella Protocol/Congolese Franc (BEL/CDF) price chart

Bella Protocol/Congolese Franc (BEL/CDF) capitalisation and volume charts

What is it?

Bella Protocol Token (BEL):BEL is the native utility token for the Bella Protocol ecosystem. As an ERC-20 token, BEL operates on the Ethereum blockchain. Holders of BEL are typically granted a range of rights within the Bella Protocol, including governance and staking opportunities.

Bella Protocol Platform:Bella Protocol aims to streamline cryptocurrency banking experiences. Through automated smart contract solutions and simplified user interfaces, the Bella Protocol platform offers a suite of DeFi (Decentralized Finance) products that reduce the traditional barriers to entry for everyday users. Features of the platform include yield farming, lending, and a liquidity aggregator.

What is it used for?

BEL's primary utility within the Bella Protocol ecosystem is to facilitate governance and incentivize user participation. Token holders can participate in proposal voting and decision-making processes that dictate the platform's evolution. Additionally, BEL can be staked within the platform to earn rewards, acting as an incentive for long-term engagement and investment. Furthermore, the token can be used for fee discounts and potential yield boosts within Bella's DeFi product range.

Who created it?

Bella Protocol was co-founded by Felix Xu and Yemu Xu in 2020. Felix Xu is the CEO of Bella and also the co-founder of ARPA, a privacy-preserving blockchain platform that incubated the Bella Protocol. The team is headquartered in Beijing, China.