Bella Protocol Token (BEL) is an ERC-20 token native to the Bella Protocol ecosystem, granting holders governance and staking rights. Bella Protocol, a platform aiming to streamline cryptocurrency banking experiences, offers a suite of DeFi products including yield farming, lending, and a liquidity aggregator through automated smart contract solutions and simplified user interfaces. BEL facilitates governance and incentivizes user participation in the Bella Protocol ecosystem. Token holders can participate in proposal voting and decision-making processes, stake BEL to earn rewards, and use the token for fee discounts and potential yield boosts within Bella’s DeFi product range. The Bella Protocol was initiated by a group of crypto enthusiasts and professionals.
