| General information | |
|---|---|
| Global rank: | 592 |
| Name: |
Bella Protocol |
| Symbol: | BEL |
| Current coin price (LBP): | 54 486.86 £ |
| Last hour: | arrow_upward1.38 % |
| Last 24 hours: | arrow_downward-5.35 % |
| Last 7 days: | -4.86 %trending_down |
| Capitalisation (LBP): | 3 938 004 161 412.74 £ |
| Volume 24h (LBP): | 369 014 215 837.55 £ |
| Available supply: | 72 274 376.00 BEL |
| Total coin supply: | -1 BEL |
| Start date: | 2020-09-08 |
Bella Protocol/Lebanese Pound (BEL/LBP) price chart
Bella Protocol/Lebanese Pound (BEL/LBP) capitalisation and volume charts
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.
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.
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.