Bella Protocol is a DeFi platform that aims to offer a one-click crypto banking experience. It has developed a suite of DeFi products to automate yield generating strategies, eliminate gas fees, and access lending services. For example, its Bella Lending product allows users to access liquidity mining pools and referral bonuses, while the Bella Flex Savings product connects users with a robo-advisor to help select the highest yield and savings strategies.
BEL token holders gain permission to vote on platform upgrades and other governance matters. It can also be used to generate staking rewards.