Bella Protocol Monthly Report | September 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 September. Enjoy!
01 Bella Development Dynamics & Technology Progress
- Fix a bug causing error in swap result of UniSwap v3 simulator under particular condition
- Wrote documentation for UniSwap v3 simulator
- Participated in UniSwap v3 community call
02 Community, Marketing & Listings
BEL Listed on Tokocrypto
On October 15th, Bella Protocol announced its new listing on Tokocrypto, the largest exchange of Indonesia. Our community members can now deposit and trade BEL tokens at https://tokocrypto.com. Read the official announcement from Tokocrypto here:
Bella Foundation Launches 20 mil USD Venture Fund as an Effort to Scale Bella Ecosystem
On October 15th, Bella Protocol announced that the Bella Foundation launched a 20 mil USD venture fund as an effort to scale the Bella ecosystem. The Bella ecosystem fund will focus on investing in innovative projects that have the potential to define the future of metaverse, primarily DeFi, NFT, and infrastructure for web3.0. The ecosystem fund will be part of the treasury management and a long-term effort to scale up our ecosystem effectively and efficiently. Learn more about the Bella ecosystem fund here:
It is also featured in a press release by Cointelegraph:
To seek investment or join the investment team, please email felix.xu@bella.fi and yemu.xu@bella.fi, or follow us at @felixmxu and @wildwoodmoo, DM open.
BEL & Financial NFTs: Bella to Issue Vesting Vouchers on Solv Protocol
With the development of Decentralized Finance, explorations of bringing NFTs into more tangible scenarios of finance are conceiving the concept of “Financial NFTs.” On October 13th, Bella Protocol announced its new partnership with Solv Protocol, the pioneer of financial NFTs. Bella will issue Vouchers with BEL token allocations on the Solv Protocol platform as BEL’s first step into the financial NFTs. More details about the partnership could be found here:
Bella Team Attended Uniswap Community Call
On October 6th, the Bella team presented our Uniswap v3 simulator at the Uniswap community call. The simulator we introduced was the most robust one Bella has ever built for quantitative developers of serious strategy wizards. The 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. Stay tuned for the coming exciting news and check out more details about the simulator here:
BEL Listed in Top 15 Promising Projects with Market Cap Under $100 million
On Oct 4th, BEL was listed in “Top 15 Promising Projects with Market Cap Under $100 million” by G.CRYPTO. The Altseason is not over yet, and there still could be a space for growth for some good projects like us. More to come!
Announcement on the 5th Round of BEL Airdrop To ARPA Holders
On September 30th, the snapshot of the 5th round of BEL airdrop for ARPA holders will begin. The total amount of the airdrop this round is 250,000 BEL, worth around $410,000 as of now. According to the previous plan, the total amount of the airdrop is 2,000,000 BEL and will be distributed quarterly to ARPA holders in eight rounds. Bella Foundation will transfer BEL to our partner exchanges and the exchanges will assist in the distribution of BEL token to ARPA holders. The snapshot of your ARPA holdings will be taken daily on partner exchanges from September 30 to October 15. Partner exchanges now include Binance, Bithumb, Huobi, MXC, and AEX. Read more here:
Announcement on BEL Token Burn in 2021 Q3
On September 30th, Bella Protocol updated its Q3 token Burn: the team has repurchased a total of 3367.4 BEL, worth nearly $5,320, and burnt a total of 1876.4 BEL in five batches, worth over $2,965 at the current market price in 2021 Q3. The BEL token burn will constantly reduce BEL circulation and protect the interest of BEL holders. Check out more details here:
BEL Listed In TOP-11 BSC PJTs By B/B RATIO
On September 19th, BEL was listed as one of the “TOP-11 BSC PJTs By B/B RATIO” by Cryptolaxy. B/B is a ratio of bullish to bearish sentiments. The higher the ratio, the higher the overall bullish sentiment on the social networks regarding a particular project. Thank you for your faith and support!
About Bella
Bella is a suite of open finance products, including automated yield farming tools, BEL Locker, and Flex Savings. We believe everyone deserves equal access to premium financial products and services with elegant design and a smooth user experience.
Bella Protocol is backed by Binance Labs and Arrington Capital as lead investors. Other investors include Alphabit, AlphaCoin Fund, Koi Ventures, Ledger Capital, Tensor, N7 labs, Quest Capital, HBTC Labs, and more.
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 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
