Bella Protocol (BEL) price has increased today.
The price of Bella Protocol (BEL) is $0.635482 today with a 24-hour trading volume of $4,164,764. This represents a 4.10% price increase in the last 24 hours and a 4.80% price increase in the past 7 days. With a circulating supply of 60 Million BEL, Bella Protocol is valued at a market cap of $37,781,598.
What is Bella Protocol?
Bella Protocol combines existing Decentralized Finance (DeFi) protocols into a simplified user interface. They aim to provide a smoother and easier experience for users to earn yield on their crypto assets, through a full suite of DeFi products.
What are BEL tokens?
The Bella tokens, or BEL tokens, are the protocol’s native token and have multiple use-cases:
a) Fee Collection - Management fees collected are ultimately used to reward BEL holders
b) Discounts - Custodians fees are lower when paid in BEL
c) Voting and Governance - Users can stake BEL to vote for changes to the network.
d) Interest Alternative - Users can choose to receive BEL as interest instead of their original asset.
How Does Bella Protocol Work?
Bella aims to provide a class of DeFi products that can be accessed using a single interface.
Among the planned products are:
a) Bella Liquidity Mining - Users stake liquidity provider (LP) tokens to earn rewards
b) Bella Flex-Savings - Offers maximized yield through arbitrage strategies across multiple platforms
c) Bella One-Click Portal - A smart portal to deploy crypto assets with subsidized gas fees
d) Bella Lending - Decentralized lending products that support LP tokens and can be used for liquidity mining
e) Bella Robo-Advisor - Customized portfolios of cryptocurrencies and yield-earning stablecoins generated based on the user’s risk profile
Currently, liquidity mining is live while flex-savings are available on a sandbox environment of Ethereum and not on the mainnet. Through their first version of flex-savings, users can deposit stablecoins such as USDC and BUSD, or other assets such as ARPA or BTC to earn yield, and they will receive bTokens which represent their claim on the assets deposited. These bTokens can then be staked to earn even more returns through BEL rewards.
How Do I Get BEL Tokens?
You can obtain BEL tokens by purchasing them from cryptocurrency exchanges such as Binance or Uniswap.
Alternatively, Bella Protocol’s own liquidity mining program lets users farm BEL by staking Uniswap liquidity provider tokens. Users may choose to provide liquidity for the BEL/USDT, BEL/ETH or ARPA/USDT liquidity pool on Uniswap.
Through their flex-savings program, users can also stake their bTokens to earn additional BEL. To know more about this and other liquidity mining programs, you may head over to our Farms.
Where can you buy Bella Protocol?
BEL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Bella Protocol is Binance, where the most active trading pair BEL/USDT has a trading volume of $1,583,962.11 in the last 24 hours. Other popular options include BingX and Bitget.
What is the daily trading volume of Bella Protocol (BEL)?
The trading volume of Bella Protocol (BEL) is $4,164,764.45 in the last 24 hours, representing a 47.60% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Bella Protocol (BEL)?
The highest price paid for Bella Protocol (BEL) is $9.99, which was recorded on Sep 15, 2020 (over 2 years). Comparatively, the current price is -93.60% lower than the all-time high price.
What is the all-time low for Bella Protocol (BEL)?
The lowest price paid for Bella Protocol (BEL) is $0.215285, which was recorded on May 12, 2022 (11 months). Comparatively, the current price is 194.90% higher than the all-time low price.
What is the market cap of Bella Protocol (BEL)?
Market capitalization of Bella Protocol (BEL) is $37,781,598 and is ranked #534 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BEL tokens (60 Million tokens are tradable on the market today).
What is the fully diluted valuation of Bella Protocol (BEL)?
The fully diluted valuation (FDV) of Bella Protocol (BEL) is $63,498,484. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million BEL tokens are in circulation today. Depending on how the emission schedule of BEL tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Bella Protocol compare against its peers?
With a price increase of 4.80% in the last 7 days, Bella Protocol (BEL) is outperforming the global cryptocurrency market which is up 3.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Bella Protocol today?
The community is bullish as more than 100% of users are feeling good about Bella Protocol (BEL) today.
How to add Bella Protocol (BEL) to MetaMask?
Adding Bella Protocol (BEL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BEL as a token. You can copy BEL’s contract address (0xa91ac63d040deb1b7a5e4d4134ad23eb0ba07e14) and import it manually, or if you've installed MetaMask's chrome extension, add BEL to MetaMask with one click on CoinGecko.
Add BEL to MetaMask.
