The feeling of having achieved one’s goals is simply marvelous and especially so when accomplished within the context of a community-driven project. Additionally, the feel-good benefit of giving out rewards is like giving out treats. Everyone’s happy!
Any Crypto enthusiast will tell you that there are few things more exciting than when a valuable project decides to do a massive airdrop … which is what happened over at the Bella Protocol Foundation recently. An open letter was sent out to the community and reads as follows:
Dear Bella Community …
Dear Bella community,
We are writing to inform you of the successful completion of the BEL airdrop program for ARPA holders. Back in September 2020, the Bella Protocol Foundation decided to conduct BEL airdrops for ARPA holders to replace the planned $BEL auction with around 2% of the token allocation. The total amount of the airdrop was planned to be up to 2,000,000 BEL and distributed quarterly to ARPA holders in eight rounds. We collaborated with major exchanges throughout the airdrop, including Binance, Huobi, Bithumb, MXC, AEX, and HBTC. The final round ended successfully on August 25th, 2022.
As the airdrops were exclusive to ARPA holders, we were delighted to see the recipients have gained a greater awareness of Bella Protocol or become Bella’s active supporters. Over the past two years, community traction helped Bella cultivate wider adoption and significantly contributed to Bella’s sustainable growth and healthy liquidity. It also benefited some crypto enthusiasts to grow their portfolios with up-and-coming BEL tokens.
Polishing Existing Bella Products
Looking forward, we will keep polishing our existing products (Bella Flex Savings, Bella Locker, and Tuner), exploring more innovative spin-offs that will benefit BEL holders and create value for the overall DeFi industry. And last but not least, we will reach out to notable exchanges, well-established DeFi projects, and other potential partners for the opportunity to enrich the Bella ecosystem as always.
Thanks again for your continued attention and participation in our airdrop program series!
Bella Protocol
About Bella
Bella Protocol is a suite of open finance products that aims to bring mass adoption to DeFi asset management. Bella’s first yield product, Flex Savings v2 is live on Ethereum with $40 million TVL. Bella’s core team is creating Bella Virtuoso, a permissionless strategy platform that connects investors with the best LP strategies on Uniswap V3. Bella Virtuoso also comes with built-in backtesting tools and data infrastructure for strategy builders.
Bella Protocol is backed by Binance Labs and Arrington XRP Capital and several other renowned investors. BEL token is supported on Binance, Bithumb, and other major exchanges.
Bella’s core team consists of serial entrepreneurs and blockchain veterans who have tremendous experience and a proven track record in finance, cryptography, blockchain, and engineering.
Bella Contact Details
For more information about Bella, or to join our team, please contact us at contact@bella.fi
Learn about Bella’s recent official news：
- Medium: https://medium.com/@Bellaofficial
- Twitter: @BellaProtocol
- Telegram: https://t.me/bellaprotocol
- Discord: https://discord.gg/JamMH5P
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
