The *BEL* currency is the digital currency of the *Bella Protocol* project, which is a decentralized financial system (*DeFi*) aimed at simplifying cryptocurrency banking services and making them more accessible⁽¹⁾. The project was launched in *September 2020* through the *Launchpool* platform of *Binance* and received investments from prominent companies such as *Arrington XRP Capital* and *Ledger Capital* ⁽¹⁾.
Bella Protocol provides a range of financial products, such as:
- *Bella Liquidity Mining*: A liquidity mining platform.
- *Flexible Savings*: Allows users to earn interest on their digital assets.
- *Smart Gateway*: Enables asset deployment without gas fees on popular *DeFi* platforms.
- *Robo-Advisor*: A tool that helps in selecting suitable investments⁽¹⁾.
As for the *BEL* currency itself, it is used within the *Bella* protocol ecosystem as a reward token, allowing its holders to participate in platform governance and vote on upgrades and new releases⁽¹⁾.
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