Announcement on the 8th Round of BEL Airdrop To ARPA Holders

Bella Protocol
3 min readJun 28, 2022

Dear Bella community,

The snapshot of the 8th round of BEL airdrop for ARPA holders begins on June 30th. The total amount of the airdrop this round is up to 250,000 BEL, worth around $235,000 as of now. According to the previous plan, the total amount of the airdrop is up to 2,000,000 BEL and will be distributed quarterly to ARPA holders in eight rounds. The first seven 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 June 30th to July 15th. Partner exchanges now include Binance, Bithumb, Huobi, and AEX.

The first snapshot of the 8th round would start at 00:00 UTC+8 on June 30th. 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.

Please note this is the final round of our airdrop series. By the end of this round, up to 2% of the BEL allocation will be completely distributed to the global ARPA holders. The airdrop has greatly helped spread Bella’s community awareness and increase the liquidity of BEL. Thanks again for your continued participation and support!

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.

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

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Bella Protocol

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