Stock donations are now live on The Giving Block! Learn more
Bonfida FIDA | The Giving Block
What is Bonfida (FIDA)?
Key Facts + Bonfida (FIDA) Donation Stats

What is Bonfida (FIDA)?

Bonfida is an ecosystem of products and solutions for the Solana blockchain. The Bonfida ecosystem is the home of the Solana Name Service, and it uses the FIDA token as its exclusive currency. 

See All Cryptocurrencies Supported by The Giving Block

About Bonfida

Bonfida was built on the Serum trading protocol and serves the wider Solana blockchain ecosystem. Bonfida provides a variety of products and services, including the Solana Name Service, which allows users to replace decentralized addresses with the domain name of their choice. Overall, Bonfida aims to showcase what can be accomplished with the Solana blockchain.

How FIDA Works 

FIDA is the native token of the Bonfida ecosystem and helps improve user experience. Most of the FIDA tokens are locked long-term and there is a limited amount of supply. 

The FIDA token governs 95% of net fees on Bonfida and can be used to carry out transactions. By staking FIDA, users gain access to the Solible NFT marketplace listings as well as advanced market analytics. The token will also likely be used as a governance token to allow holders to vote on certain parameters for Bonfida.

FIDA can be purchased from numerous leading cryptocurrency exchanges.

Donate FIDA to Support a Charitable Organization

Did you know that donating cryptocurrency is a highly tax-efficient form of giving that also supports mainstream crypto adoption? Even donating a small portion of your crypto can make a major difference in helping a cause that you’re passionate about.

We’re on a mission to make crypto one of the greatest forces for good. That’s why The Giving Block can process charitable donations in hundreds of cryptocurrencies.

Now that you know more about Bonfida and FIDA, learn how you can donate FIDA to thousands of nonprofit organizations via The Giving Block’s crypto donation platform.

Browse Thousands of Pro-Crypto Nonprofits

Looking for more information about donating FIDA and other cryptocurrencies? Subscribe to The Giving Block’s email newsletter for weekly updates on Crypto Philanthropy.

What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
How You Can Give Zakat in Crypto | The Giving Block How You Can Give Zakat in Cryptocurrency To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more
Learn Crypto | The Giving Block Learn: Cryptocurrency New to cryptocurrency? Get immersed in all things crypto and crypto philanthropy. Learn about accepting crypto donations and crypto taxes. Read more