What is the project about?
Multichain stableswap AMM with Layer3 Infrastructure
What makes your project unique?
First stableswap that enables cross-chain swap with Layer 3 infrastructure. Beluga Protocol is a multichain stableswap AMM powered by Layer 3 infrastructure. The key concept underpinning Beluga’s design is asset liability management (ALM). By introducing the concept of ALM, Beluga allows each token to grow organically based on its natural supply and demand. Beluga allows users to provide unilateral liquidity. Instead of pools of token pairs and bundles, Beluga uses accounts of tokens to record assets and liabilities, allowing single-sided liquidity provision. Beluga aims to enhance DeFi user experience by aggregating liquidity from across chains to form cross-chain swaps that can be executed within Beluga, saving users time from finding bridges to transfer their assets.
History of your project.
Community Award Winner of Solana Summer Camp Hackathon
What’s next for your project?
Expand to zkSync, Optimism and Polygon
What can your token be used for?
Boost farming APR, vote in gauge weight and proposals, share protocol revenue
What is the highest value Beluga Protocol (BELA) has ever reached?
Beluga Protocol (BELA) reached its peak price at 0.01766 $ on 21 December 2024, approximately a few seconds ago ago. Presently, the current price is -98.6% lower than this all-time high.
What is the historical minimum price for Beluga Protocol (BELA)?
The minimum price reached for Beluga Protocol (BELA) was 0.0002378 $, documented on 21 December 2024, more than a few seconds ago. In comparison, the current price is 3.89%, it above this historical low.
What is the fully diluted valuation of Beluga Protocol (BELA)?
The fully diluted valuation (FDV) of Beluga Protocol (BELA) stands at $ 4,077.17. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 BELA tokens. The realization of this FDV might take several years depending on the emission schedule of BELA tokens.