What is Bonfida (FIDA)?
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.
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