Bella Protocol Monthly Report | May Progress Review
Dear Bella community,
To ensure that the Bella community is well informed on the team’s latest developments, we update Bella’s development dynamics and progress through our monthly report. Thank you all for your support!
This review is a look back at May. Enjoy!
01 Bella Development Dynamics & Technology Progress
- Responded issues on github repo
- Fixed a bug where rounding was applied twice via a community Pull Request by @Foristkirito
- Released version 0.1.5 of Tuner for the fix
02 Community, Marketing & Listings
BEL Selected as Top Trending Soon Token on KyberSwap by Kyber Network
On May 31st, $BEL was selected by Kyber Network as “Top Trending Soon Token” on KyberSwap in 7 days. We appreciate your love and support! More to come!
Bella Listed on Top Gainers of the Day by CryptoDep
On May 30th, $BEL was ranked as one of the top gainers of the day by CryptoDep. We always respect the market and the invisible hand, also we appreciated that our community has always had strong faith in Bella. Market is volatile, we are firmly determined. There will be more solid progress in the future.
The Seventh Round of BEL Airdrop for ARPA Holders Has Completed
From May 11th to May 24th, multiple exchanges completed the seventh round of BEL airdrops to ARPA holders. The next round of snapshots will take place between June 30th, 2022 to July 15th, 2022. Read more details here:
AEX:
Huobi:
Bithumb:
Bella Community Had a Fun Event on Bitcoin Pizza Day 2022
On May 22nd, the Bitcoin Pizza Day 2022, Bella community had a fun event. We gave away 12 free pizzas to 12 lucky community members who participated in the event and shared selfies of their favorite pizzas. Some of the pizzas looked really yummy. We will throw more interesting events going forward. Stay tuned!
Bella’s Investment Portfolio Cassava Network Closed $8m Raise
On May 7th, Bella’s investment portfolio Cassava Network announced that it successfully closed a $8 million fund raise. Cassava is a blockchain infrastructure ecosystem, featuring Web3 identification systems, user-controlled data profiles, rewards networks and an easy-to-use, all-in-one crypto and NFT wallet. Over 40 investors participated in this round, including Bella, Adaverse, Tron and several dozens of others.
Announcement on Completion of BEL Liquidity Mining Rewards Program
On May 5th, Bella Protocol announced its completion of a 19-month special rewards program of Bella (BEL) Liquidity Mining. Over the past year and a half since its launch on Sep 28th, 2020, Bella Liquidity Mining and the traction stemming from the community significantly contributed to Bella’s bootstrap and the follow-up sustainable and healthy liquidity growth. This decision is not only prudently made based on the strong BEL liquidity across the exchanges but also in consideration of less BEL emission going forward. There will be approximately 30,000 BEL less being released monthly by closing the rewards program. Read the full announcement here:
ARPA & Bella Meet Up | Interview between Co-Founder Yemu Xu and Kripto Kurdu
An interview between ARPA and Bella Protocol’s Co-Founder Yemu Xu and Kripto Kurdu from our recent ARPA & Bella Istanbul Meet Up was released on May 1st. We had so much fun linking up with our Turkish community and building meaningful relationships from this fantastic event!
Enjoy this interview here(English subtitle is available):
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
