BEL Listed on Official zkSync Bridge: Pioneering ZK-Enhanced DeFi Applications

Bella Protocol
3 min readJun 29, 2023

--

Dear Community,

We are thrilled to announce that Bella Protocol is starting our exploration in the zkSync ecosystem!

Bella Protocol has been dedicated to enhancing better liquidity for DeFi, as evident from our past products, including a yield aggregator that injects improved liquidity into DeFi and a Uniswap V3 simulator that facilitates confident liquidity provision on Uniswap. In line with our continuous efforts to elevate liquidity provision in the DeFi space and broaden the chain ecosystems that Bella supports, we have been working on bridging BEL to zkSync from Ethereum over the past weeks. BEL is now added to the official zkSync bridge!

IMPORTANT: zkSync-based BEL contract address

In our unwavering commitment to transparency and safeguarding the security of your assets, we kindly urge you to remain fully informed about the valid smart contract address of zkSync-based BEL: 0xB83CFB285fc8D936E8647FA9b1cC641dBAae92D9

BEL is one of the very few tokens listed in the official bridge token library. BEL Holders now have seamless access to the zkSync ecosystem via the zkSync Era Portal. The bridge integration opens up exciting possibilities for BEL holders to delve into and harness the upcoming zk-enhanced DeFi services that Bella Protocol has in store.

This strategic step represents a momentous leap in expanding Bella Protocol’s footprint within the DeFi landscape. By embracing the cutting-edge technology of zkSync, we are empowering our community with advanced liquidity solutions and forging new pathways in decentralized finance. With faster transaction speeds and reduced fees, zkSync empowers BEL holders to engage in seamless and cost-efficient DeFi activities, fostering a more inclusive and accessible financial landscape.

Event Timing:

The token was listed on the bridge on June 27, 2023. Together with the zkSync core team, we have carefully planned and executed this event to minimize any disruptions to our community and ensure a successful transition to zkSync.

Actions to Take by Community Members:

As of now, there is no immediate action required from community members and BEL holders. However, we encourage you to stay informed and engaged as we move forward. Soon enough, when we launch new products on zkSync, it will be essential to import zkSync-based BEL tokens into your wallet to fully utilize the exciting offerings that await.

We would like to express our gratitude to our community for your continued support and trust. Should you have any questions or need assistance, please reach out at contact@bella.fi, or join our official community channels on Telegram and Twitter.

Thank you for being part of this remarkable journey with us.

Sincerely,

Bella Team

About Bella

Bella Protocol provides a suite of DeFi products for auto-compounding yield and developer tools for building DApps integrating Uniswap AMM. The main product, Bella Flex Savings V2, is a trusted smart mining product that allows users to experience low gas and management fee, auto return, token burn, and considerable yield farming incentives. Flex Savings V2 has been running on Ethereum for over 27 months, with the highest TVL of over $40 million.

Bella’s core team recently completed building a developer tool — Tuner. This programmatic Uniswap V3 simulator allows strategy backtesting on a transaction-to-transaction basis with arbitrary or historical data without the EVM. It runs independently yet completely retains the exact smart-contract behavior of the intricate design and implementation of Uniswap V3. Tuner now has 38 forks and 121 stars on GitHub.

Bella Protocol is backed by Binance Labs, Arrington XRP Capital, and several other renowned investors.

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/jcuFJZWFMh

--

--

Bella Protocol
Bella Protocol

Written by Bella Protocol

💙 A suite of streamlined tools to maximize your trading and yield farming returns. 🤖 AI-powered trading with Bella Signal Bot: https://t.me/BellaSignalBot

No responses yet