Bella Protocol Monthly Report | October Progress Review
Dear Bella community,
To make sure that fellows of Bella community are well informed of the latest developments of the team, we will update the project dynamics and progress in Bella community in our monthly report. Thank you all for your support!
This is October in the rear view. Enjoy!
01 Bella Development Dynamics & Technology Progress
- Deployed Flex Savings smart contract
- Tested Flex Savings smart contract
- Integrated Flex Savings smart contract and front end
- Enhanced Flex Savings UI components
- Implemented script to automate smart contract migration
- Iterated Liquidity Mining
- Integrated Azure Key Vault with Asset Management System
- Researched Duo Factor Authentication
- Configured CI/CD
- Implemented DeFi smart contract interaction for Investment Management System
02 Community, Marketing & Listings
Bella Protocol Community AMA: Preview on Product Updates, Features, and Launch Date
On Nov 10th, Bella Protocol’s co-founders Felix and Yemu conducted an AMA in its English community on Telegram. They answered questions from the Bella community and gave an overview about the latest product updates, features, and launch date. The AMA was moderated by Bella’s global community manager, Thomas.
Some of the highlight questions:
- Could you please shed some light on Bella Flex Saving? When will it be launched, and what are the key features etc.?
- What are the future plans for what’s left in the Bella product matrix?
- What will be the function of BEL in Flex Savings?
- There was a mention that there is a BEL token burn by using Flex Savings. Does that mean that the more people use this product the more BEL token will be burnt and in turn reducing the inflation ? Will there be a portal to show how much tokens are burnt?
Read more:
Announcement on Bella (BEL) Liquidity Mining Reward Adjustment
On Nov 3rd 12pm (UTC+8), BEL reward for Bella(BEL) Liquidity Mining is adjusted, the detailed adjustment plan is as follows:
- Reward for BEL/USDT pool will be reduced from 25,000 to 12,500
- Reward for BEL/ETH pool will be reduced from 12,500 to 7,500
- Reward for ARPA/USDT pool will be reduced from 12,500 to 7,500
Read more:
Bella Liquidity Mining Video Tutorial Released
On Nov 6th, a detailed step-by-step video tutorial on Bella liquidity mining was released. Take your BEL, provide liquidity and start earning!
Watch the tutorial:
PeckShield Audit Report Now Available
Security is of utmost importance to us and our users. We partner with the best security firms to ensure smart contract robustness and asset safety. PeckShield audit report is now available on http://bella.fi and http://liquidity.bella.fi.
BEL Prize Added to Pool Together Prize Pool
On Oct 27th, 100 BEL was added to Pool Together prize pool. We are happy to support this open finance endeavor.
See more:
Bella Protocol being Invited to 2020 Shanghai International Blockchain Week, Co-organized Multiple Events
On Oct 26th, Bella Protocol co-founder & CGO Yemu was invited to 2020 Shanghai International Blockchain Week and attended numerous splendid events.
Multiple Exchanges Completed the 1st Round of BEL Airdrop
On Nov 10th, the 1st round of BEL airdrop at Bithumb has been completed.
On Oct 22nd, the 1st round of BEL airdrop at Binance has been completed.
On Oct 22nd, the 1st round of BEL airdrop at AEX has been completed, and BEL is listed on AEX.
On Oct 20th, the 1st round of BEL airdrop at HuobiGlobal has been completed and BEL withdrawals now open.
Read more:
Bella Protocol Officially Joined Asia DeFi Alliance(ADA)
On Oct 20th, Bella Protocol officially became a member of Asia DeFi Alliance (ADA). We will strive to push the creation of a more comprehensive DeFi ecosystem, and grow together with ADA.
BEL Liquidity Mining Listed on DeBank
Bella Protocol is listed on DeBank DeFi list, TVL stats integrated as well.
See more:
BEL Listed on Korea Top 3 Exchange Coinone
On Oct 20th, one of the biggest Korea exchanges, Coineone, announced to list BEL, and opened BEL/KRW trading pair.
The listing on Coinone Korea marks yet another milestone that Bella has achieved in not only Korean market, but also in regulated exchanges listings.
Coinone is one of the six regulated exchanges in Korea. As financial institutions, they will provide the Financial Services Commission (FSC) direct control and authority over the cryptocurrency sector. Users can directly buy cryptoassets with fiat (KRW) on these regulated exchanges, which brings great convenience and flexibility to the crypto world.
Read more:
Bella Protocol Added to CMC’s Yield Farming List
Bella Protocol is listed on CoinMarketCap yield farming page and real-time APY integrated as well.
See more:
Bella Protocol Joins Hands with Dego for NFT Airdrop on Binance Smart Chain
On Oct 16th, DEGO announced the whitelist mechanism for receiving DEGO NFT airdrop on Binance Smart Chain (BSC). Bella Protocol is one of the five projects on BSC supported by DEGO. Top 500 BEL token addresses by holding balance on BSC will be whitelisted for DEGO NFT airdrop. NFTs can be used for $DEGO farming, or traded in Dego NFT market. Bella will contiune to deepen the partnership with DEGO and explore more use cases for $BEL token in the DeFi universe.
Read more:
About Bella
Bella is a suite of open finance products including automated yield farming tools, lending protocol, one-click savings account, customized robo-advisor, and more. We believe everyone deserves equal access to premium financial products and services with elegant design and smooth user experience.
Bella brings your familiar mobile banking into crypto with just one click. With Bella, you can just simply sit back, watch your asset grow, and leave all the heavy-lifting to secure, automated smart contracts.
Bella’s core team consists of serial entrepreneurs and blockchain veterans who have tremendous experience and 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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