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FIDA meaning in Cryptocurrency ?

Cryptocurrency Miscellaneous in Cryptocurrency . 1 month ago

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Bonfida bridges the gap between Serum, Solana, and the user. It is the flagship Serum GUI and brinsg Solana Data analytics to the field. Bonfida API is used by some of the largest market makers in the space and has seen a growth of requests of 25% week over week.

FIDA is anticipated to hold the following utility:

95% of the net fees on Bonfida will be governed by the FIDA token andcould be used for buy/burns, etc.FIDA will be used transactionally for:Access to the VIP APIBonfida BotsBonfida DEX and Solible listings with market making servicesWhitelabels and consulting servicesFIDA staking will grant its holders:Exclusive API endpoints and lower latencyAccess to rare Solible marketsAdvanced analytics

Bonfida will likely include a limited governance model based on the FIDA token. Some parameters such as product fees may be changed through a governance vote of FIDA tokens.

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Posted on 15 Nov 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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