In a communique, Bella Protocol has announced its partnership with Dinoswap, which offers the services of building liquidity infrastructure for blockchains operating on layer-one and automated market maker domains. This partnership is touted to be a game-changer as it offers to extend the benefits of superior and prompt services to community members of Bella effectively and efficiently. The native token of Bella, i.e., $BEL, is also expected to get an added boost to its liquidity potential while bringing more users to the ecosystem of the community.
As far as the scaling aspect of the Ethereum blockchain is concerned, Polygon can be easily considered the fastest and most popular solution available to users in the open ledger ecosystem. The distinctive competence of Polygon is its interoperability that allows various blockchains to interact with each other, thereby creating an ecosystem where the production and scaling can be done cost-effectively. Not only in terms of popularity, but Polygon has also consistently figured in the leading list of players bringing innovation to the ecosystem of the Ethereum blockchain.
In a special offer, the holders of BEL/WETH from 12:00 AM UTC on July 17, 2021, will get the two-time reward on the pair for the time frame of the next 72 hours. Users can also use the option of providing liquidity to the pair and avail of the opportunity to earn the $DINO with an annual percentage rate of 714%. Besides, there is a possibility of leveraging the $DINO token’s staking to earn the $BEL tokens with a return on investment as high as 1037%.
Bella has been onboarding the Ethereum blockchain for the first time, and in the coming days, many more such partnerships are expected on the part of the protocol to expand its horizons. This and other upcoming collaborations of the Bella remain customer-centric, which means community members of the protocol will get more facilities and benefits in the future. It will be interesting to witness how this association will benefit community members and how much utility it brings to the table for both players in the future.