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What is the description of the coin?
Empowering individuals and businesses with the world's smartest enterprise-grade compliant blockchain solution. The Belrium-KYC Blockchain is based on the fusion of two blockchain technologies, operating independently. Belrium blockchain enables users from across the world to read and send transactions in a compliant manner. The private blockchain acts as the KYC layer to ensure that the public blockchain transactions are done by compliant users.
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What Is Bella Protocol (BEL)?
Bella Protocol is a platform that aims to simplify and make crypto banking more accessible through its suite of DeFi products. By addressing high fees and slow transactions, Bella Protocol enhances the user experience with its simplified DeFi smart portal. Users can access the best yields in the DeFi market through Bella's smart pool feature, while benefiting from nearly zero gas fees. The project launched in September 2020 as the first project distributed via Binance's Launchpool platform and has received investments from prominent firms like Arrington XRP Capital and Ledger Capital. The protocol was built by the ARPA team, and the BEL token is an essential component of the Bella Protocol ecosystem, serving as a reward token and allowing holders to participate in platform governance.
Who Are the Founders of Bella Protocol?
Bella Protocol was co-founded by Felix Xu and Yemu Xu in 2020. Felix Xu, the CEO of Bella and co-founder of ARPA, brings years of experience as a venture investor and analyst. Yemu Xu, an experienced entrepreneur, has held analyst and consultant roles. The Bella team overlaps with that of ARPA and consists of professionals with backgrounds in blockchain, finance, and product development.
What Makes Bella Protocol Unique?
Bella Protocol stands out with its simplified user experience and diverse product offerings. The platform includes the Bella Liquidity Mining platform, flexible savings, a one-click smart portal for deploying assets on popular and profitable DeFi products with zero gas fees, a lending platform, and the Robo-Advisor for investment selection. Despite launching in September 2020, all these products are already operational. BEL token holders contribute to platform governance through voting and receive rewards for staking.
How Many Bella Protocol (BEL) Coins Are There in Circulation?
Bella Protocol has a total supply of 100,000,000 BEL tokens, with an initial circulating supply of 13,250,000 BEL. The initial supply was distributed via Binance Launchpool, private sale, and public auction. The private sale sold 6,000,000 BEL at $0.75 per token, raising $4.5 million. The remaining token distribution includes allocations for ecosystem, reserve, user growth, staking rewards, and the team. The BEL token is an ERC-20 token secured by the Ethereum network, which uses a proof-of-work consensus algorithm.
Where Can You Buy Bella Protocol (BEL)?
Binance is the most liquid exchange for BEL, followed by MXC, Hotbit, and Binance Korea. The popular trading pairs are BEL/USDT and BEL/BTC. For purchasing BEL or other cryptocurrencies with a credit or debit card, refer to a simple guide to get started.
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