Bella Protocol Monthly Report | May & June Combined Progress Review
Dear Bella community,
To make sure the Bella community is up to date with the latest project activities, we update Bella’s recent accomplishments, current tasks, and overall significant happenings that have occurred within the past month to track our progress toward healthy business growth.
We are delighted to welcome those of you who have been with us along the journey and those who are new to the community. Thank you all for your support!
This review is a look back at May and June. Enjoy!
01 Bella Development Dynamics & Technology Progress
- Updated Locker & Flex savings sidebar navigation, Added LP Farm
- Updated Bella website content
- Deployed LP Farm, Added topbar tutorial tooltip
02 Community, Marketing & Listings
BEL Listed on Official zkSync Bridge: Pioneering ZK-Enhanced DeFi Applications
On June 29th, Bella Protocol announced that BEL got listed on the zkSync official bridge and officially started its exploration in the zkSync ecosystem. 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.
The valid smart contract address of zkSync-based BEL is: 0xB83CFB285fc8D936E8647FA9b1cC641dBAae92D9
Read more details in our announcement here:
Bella Protocol Released a Guide to Crypto Events in Q3 2023
On May 25th, Bella Protocol unveiled a guide crafted for the upcoming Q3 of 2023. Whether you’re a seasoned pro or a newcomer, these events have something for everyone. Mark your calendars and gear up to broaden your network and gain insightful knowledge. Stay tuned for an array of future guides so you never miss a beat as the crypto landscape evolves.
Insights From Bella Protocol Co-Founder Yemu Xu: Exploring the Lessons DeFi Can Take from TradFi Industry
In a recent feature on Advisorpedia, Yemu Xu, the Co-founder of Bella Protocol, shed light on the valuable lessons that DeFi can glean from the time-tested knowledge of the TradFi industry. Delve into this enlightening read to uncover the advantages, growth opportunities, and potential consequences that arise when DeFi encounters hurdles. Read the full article on Advisorpedia:
Bella Releases Commentary Article: Not Perfect Yet, but DeFi Outperforms TradFi in Many Ways
DeFi vs. TradFi: a philosophical difference in banking systems with significant implications. With nearly 5M accounts & $50B in markets, DeFi isn’t perfect but offers distinct advantages over TradFi. On May 10th, Bella Protocol released a thought-provoking article that explores why DeFi exists, how it relates to TradFi, what happens when DeFi doesn’t work, and what it can learn from TradFi. Check out the full article here:
About Bella
Aiming to help users unleash the liquidity potential and maximize crypto yields across multiple chains, Bella Protocol provides a suite of streamlined tools, including a zkSync-based yield protocol, an Ethereum-based smart liquidity pool, and a Uniswap V3 simulator.
The flagship product Bella LP Farm is a zkSync-based yield protocol that optimizes returns on liquidity provision. By staking LP tokens on an intuitive portal, users can effortlessly bolster potential earnings with multiple token rewards.
Another notable product in Bella’s line-up is Bella Flex Savings V2, a gas-efficient and smart liquidity pool that auto-compounds returns and provides a low-fee wealth management experience. Flex Savings V2 has been running on Ethereum since February 2021, with the highest TVL of over $40 million.
Bella Protocol caters to the needs of developers and quant strategists with a unique offering called Tuner. This programmatic Uniswap V3 simulator enables users to backtest and fine-tune their quantitative strategies on a transaction-to-transaction basis. With the ability to work with arbitrary or historical data without relying on the EVM, Tuner operates independently while fully preserving the exact smart-contract behavior of the intricate design and implementation of Uniswap V3.
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
