Dear Users,
We're excited to announce the launch of Binance's newest feature—New Coin Mining, where users can farm tokens like BNB, BUSD, or other specified assets to earn Bella Protocol (BEL).
Key Details
- Mining Period: 30 days starting September 9, 2020, 08:00 (UTC+8).
- BEL Listing: Trading begins September 16, 2020, 14:00 (UTC+8) on BEL/BNB, BEL/BTC, BEL/BUSD, and BEL/USDT pairs.
Project Overview
| Token | Bella Protocol (BEL) |
|---|---|
| Total Supply | 100,000,000 BEL |
| Mining Allocation | 5,000,000 BEL (5% of supply) |
| Private Sale Price | 1 BEL = $0.75 |
👉 Learn more about BEL rewards
Mining Pools
- BNB Pool: 4,500,000 BEL (90% allocation).
- BUSD Pool: 450,000 BEL (9% allocation).
- ARPA Pool: 50,000 BEL (1% allocation).
How to Participate
- Navigate to Binance Savings and select BNB/BUSD/ARPA flexible products with the "Launchpool" tag.
- Transfer assets to start mining.
Note: Existing flexible holdings can be migrated by staking once into a Launchpool-tagged product.
Reward Calculation
- Rewards are distributed hourly based on your proportional share in the pool’s daily average holdings.
- Example: A user staking 5,000 BNB for 12 hours in a pool with 100,000 BNB daily average earns 3,750 BEL/day.
👉 Maximize your mining strategy
FAQ
Q: Can I redeem my staked assets anytime?
A: Yes, with no lock-in period.
Q: Do staked assets earn interest?
A: Yes, flexible interest applies alongside BEL rewards.
Q: How are rewards distributed?
A: Hourly snapshots are consolidated and credited daily between 08:00–09:00 UTC+8.
Risk Warning: Cryptocurrency investment carries high risks. Binance selects quality projects but assumes no liability for investment outcomes.
Official Resources:
- Website: bella.fi
- Twitter: @BellaProtocol
Binance Team
September 6, 2020
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