Evolution Of Decentralized Exchange Where You Can Earn Money With Bela Token

Bristy Saha ‘_HOMT’
4 min readJun 9, 2021

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Bela is a company that focuses on data analytics. Users can track their Bela token earnings as well as decentralized finance information metrics from a single dashboard. Bela Aqua Token and BelaXi Token are utility tokens within the Bela Ecosystem. Both the Bela Aqua Token and the BelaXi Token are based on the Binance BEP-20 protocol and have a total supply of 1,000,000,000,000,000 tokens. Bela Aqua Token and BelaXi Token are distinct tokens because Bela Aqua Token is the sole token issued to the Bela Token community through a presale to fund the platform’s expansion. And BelaXi Token is a token issued via a fair-launch technique and serves as liquidity on PancakeSwap, with 90 percent of the total supply being burnt. PancakeSwap is where you can buy Bela Aqua Token.

Decentralized Exchange

Decentralized Exchange (also known as DEX) is an exchange market that does not rely on third-party services to preserve customers’ money. Instead, transactions occur directly between users (peer-to-peer transactions) through an automatic process. This system is run by issuing intermediary tokens (crypto assets representing an individual fiat or cryptocurrency) or assets (possibly representing shares in a company, for example), or a decentralized multi-signature escrow system, among other solutions.

Limitations of Decentralized Finance (DeFi)

Decentralized Finance (Defi) is a rapidly growing area of the blockchain ecosystem that provides numerous advantages to consumers. It does, however, come with some limitations. Tell us about your constraints and how you intend to overcome them with Bela. If the blockchain hosting a Defi project becomes unstable, the project will spontaneously inherit the instability of the host blockchain. The Ethereum blockchain is constantly evolving, and mistakes made during the transition from PoW to the new Eth 2.0 PoS algorithm may pose new risks to DeFi projects. Liquidity is a critical component for DeFi token-based projects and blockchain systems. By October 2020, the total value locked in DeFi will be above $12.5 billion. In comparison to established financial systems, this is a drop in the bucket.

Tokenomics

Bela introduces two types of tokens to aid their progress. Bela Aqua initially offered Bela as a pre-sale token. The total number of Bela Aqua tokens is 1,000,000,000,000,000, of which 50% are burned. Bela is distributing 50% of their remaining tokens to their group. Bela launched BelaXi using a proper launch technique, implying that the LP tokens were burned, but the burnt tokens received liquidity as well. The total supply of BelaXi tokens is 1,000,000,000,000,000,000, of which 10% is burned. Bela distributes 10% rest tokens to its community. Because this was a fair launch project, no money was received to cover the expenses on this list.

Bela Aqua Token — Pre-Sale Token

The Bela Aqua Token is the only token offered to our community via pre-sale; as with any pre-sale, funds raised will be used to pay for expenses to help grow the Bela ecosystem. Some of these expenses include paying staff, developers, servers, marketing/adverts, exchange listing. Bela Aqua gives holders a 5% fee distribution of every transaction. The contract also deducts 5% of every sale and sends it to the liquidity pool. This raises the price floor and encourages holders.

Bela’s goal and purpose are to achieve universal acceptance through the use of community and user-friendliness. StakeShare, for example, enables stakers to automatically split their earned Bela with another address of their choosing. This is a fantastic opportunity to provide ongoing assistance to a Bela Token content producer, family member, or friend without having to spend any of your own money. StakeShare, in collaboration with Bela Token, is just one example of how Bela will benefit both tech-savvy and non-tech-savvy consumers. Aside from Bela Token, Live Bela is continually pushing for further collaborations that bring Bela to everyday usage and relevance for a broad range of consumers. So, The chance is right before you, take it and join this company.

Contact With Us:

Website: https://belatoken.org
Telegram: https://t.me/belatokenorg
Twitter: https://twitter.com/BelaTokenOrg
Github: https://github.com/BelaOrganisation
ANN: https://bitcointalk.org/index.php?topic=5333094.0

Authorship:

BSC Wallet Address: 0x64F07a07bcd2476ca02EE8BA2d9b3D7368d07e9a
Telegram Username: @bristysaha
Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5334899.msg57196376#msg57196376
Forum Username: nerobmon130
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2578561

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