Bella Protocol is a user interface that brings together existing Decentralized Finance (DeFi) technologies into one place. Bella Protocol, developed by the ARPA project team, attempts to make existing DeFi protocols easier to use.
The BEL token can be used for fee collecting, voting, and governance on the Bella Protocol platform. A part of the platform's transaction and service revenue will be used to reward BEL investors and voters. BEL stakeholders and voters, referral channels, the operational budget, and the project's risk reserve all share the revenue stream. BEL token holders can vote on potential product upgrades, releases, and parameter adjustments.
The BEL token is an ERC-20 token that is secured by the Ethereum network, which is using the proof-of-work (POW) consensus algorithm to maintain its integrity.
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