Announcement on the 3rd Round of BEL Airdrop To ARPA Holders

Bella Protocol
3 min readMar 30, 2021

Dear Bella community,

On March 30th, the snapshot of the 3rd round of BEL airdrop for ARPA holders began. The total amount of the airdrop this round is 250,000 BEL, worth more than $980,000 as of now. According to the previous plan, the total amount of the airdrop is 2,000,000 BEL and will be distributed quarterly to ARPA holders in eight(8) rounds. The first two rounds have ended successfully.

Bella Foundation will transfer BEL to our partner exchanges and the exchanges will assist in the distribution of BEL token to ARPA holders. The snapshot of your ARPA holdings will be taken daily on partner exchanges from March 30 to April 14. Partner exchanges now include Binance, Bithumb, Huobi, HBTC, MXC, and AEX.

The first snapshot of the 3rd round happened at 00:00 UTC+8 on March 30. Snapshot will take place daily at the last Ethereum block height before 00:00 UTC+8 each day. The airdrop will be distributed in terms of the average holding of ARPA according to the 16 snapshots with the ratio of ARPA: BEL = 5000:1.

Exact details of airdrops, such as announcement time, snapshot time, and the disbursement time will be subject to the discretion of our partner exchanges and might vary slightly from exchanges to exchanges.

Please allow ample time to transfer your ARPA tokens to exchanges in order to participate in each round of airdrop.

About Bella

Bella is a suite of open finance products, including automated yield farming tools, lending protocol, 1-click savings account, customized Robo-advisor, and more. We believe everyone deserves equal access to premium financial products and services with elegant design and a smooth user experience.

Bella Protocol is backed by Binance Labs and Arrington Capital as lead investors. Other investors include Alphabit, AlphaCoin Fund, Koi Ventures, Ledger Capital, Tensor, N7 labs, Quest Capital, HBTC Labs, and more.

Bella brings your familiar mobile banking into crypto with just one click. With Bella, you can just simply sit back, watch your asset grow, and leave all the heavy-lifting to secure, automated smart contracts.

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.

For more information about Bella, or to join our team, please contact us at contact@bella.fi

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Bella Protocol

A suite of DeFi products to bring your familiar mobile banking into crypto with just one-click.