Bella LP Farm Integrates Mantle Network, Broadening Liquidity Provision HorizonsExternal - Press Release
By: Chainwire •External PR
Singapore, Singapore, October 25th, 2023, Chainwire
The move marks a significant step towards Bella Protocol’s goal of enhancing liquidity provision across multiple chains, and to help DeFi users optimize their returns and harness the burgeoning opportunities presented by Mantle. To celebrate the launch, we also joined iZUMi Finance’s Ultra Evolution incentive program, ensuring an even more rewarding liquidity provision experience for our users.
Participate in the campaign for dual rewards
Together with iZiSwap, Bella LP Farm launched a Mantle-based USDT-USDC pool and kicked off a 2-month incentive program that extends liquidity providers the opportunity to earn both $BEL and $MNT tokens as rewards.
For the next 2 months, users of the pool can share 4,000 $BEL and 25,000 $MNT every month. All they need to do is provide liquidity and stake their LP tokens on Bella LP Farm. Please note that the rewards rate may float according to the TVL change.
Why Mantle and iZUMi?
This iteration is a strategic move rooted in Bella’s unwavering commitment to enhancing liquidity provision across multiple chains. As the DeFi landscape continues to evolve, it’s essential to cater to the needs of users across various ecosystems.
Mantle Network’s robust infrastructure and growing ecosystem align seamlessly with our mission to maximize the potential of liquidity. This expansion allows us to reach a broader audience and benefit them with our expertise in DeFi liquidity, as well as push the boundaries of liquidity provision and usher in a new era of cross-chain DeFi accessibility.
Meanwhile, Bella's previous collaboration with iZUMi Finance to launch the LP farm on zkSync was a delightful success. Building on that experience, we were eager to deepen our partnership and jointly explore more avenues for growth. As a prominent DEX operating on Mantle, iZiSwap serves as an ideal partner for us to solidify our position within the Mantle ecosystem. Leveraging its DL-AMM (Decentralized Limit Automated Market Maker) algorithm and the peer-to-pool Order Book architecture, iZUMi significantly enhances the overall user experience while simultaneously drawing substantial liquidity.
This iteration of LP Farm and the collaboration with iZUMi is a testament to our commitment to delivering cutting-edge solutions that prioritize user satisfaction and bolster liquidity across Mantle and many other ecosystems.
Going forward, we’ll keep looking out for potential reputable Mantle-based partners, with the goal of broadening the yield farming horizons for our community and nurturing the development of a thriving Mantle ecosystem. Our overarching aim is to lead the way toward a decentralized and equitable DeFi landscape that spans a multitude of ecosystems.
Aiming to help users unleash the liquidity potential and maximize crypto yields across multiple chains, Bella Protocol provides a suite of streamlined tools, including a zkSync-based yield protocol, an Ethereum-based smart liquidity pool, and a Uniswap V3 simulator.
The flagship product Bella LP Farm is a yield protocol based on both zkSync and Mantle Network that optimizes returns on liquidity provision. By staking LP tokens on an intuitive portal, users can effortlessly bolster potential earnings with multiple token rewards.
Another notable product in Bella’s line-up is Bella Flex Savings V2, a gas-efficient and smart liquidity pool that auto-compounds returns and provides a low-fee wealth management experience. Flex Savings V2 has been running on Ethereum since February 2021, with the highest TVL of over $40 million.
Bella Protocol caters to the needs of developers and quant strategists with a unique offering called Tuner. This programmatic Uniswap V3 simulator enables users to backtest and fine-tune their quantitative strategies on a transaction-to-transaction basis. With the ability to work with arbitrary or historical data without relying on the EVM, Tuner operates independently while fully preserving the exact smart-contract behavior of the intricate design and implementation of Uniswap V3.
Bella Protocol is backed by Binance Labs, Arrington XRP Capital, and several other renowned investors.
For more information about Bella or to join our team, please contact us at firstname.lastname@example.org
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