Announcement on the Completion of BEL Airdrop Program for ARPA 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, the 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.
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 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 email@example.com
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