Beluga Protocol is LIVE on Arbitrum One!

Beluga
3 min readMay 4, 2023

We are thrilled to announce that Beluga Protocol has just launched on Arbitrum One!

As the first Multichain Stableswap with Layer 3 infrastructure, Beluga is excited to bring more opportunities in the DeFi ecosystem as we move forward.

In the near future, users will be able to get their funds moving between chains seamlessly by simply interacting with Beluga’s Liquidity Layer, while still having access to the entire Ethereum ecosystem.In the near future, users will be able to get their funds moving between chains seamlessly by simply interacting with Beluga’s Liquidity Layer, while still having access to the entire Ethereum ecosystem.

Beluga’s Liquidity Layer will construct a multichain Liquidity Aggregator

In celebration of the open beta, we will also be holding a competition for the best thread, as well as a giveaway for beta users.

Content Competition

Users will have a chance to win $1000 by creating the best thread (or other content) that covers all of the features from the open beta. To be eligible, users must ensure that content is directly related to the Beluga protocol, referencing features that are live in the open beta.

Features to be covered in the content:

  • Real Yield
  • Unilateral Liquidity
  • BELA Tokenomics
  • Yield boosting
  • Layer 3 infrastructure

To be eligible:

  • Create either a thread, infographic, or video content of Beluga Protocol
  • Include the features mentioned above
  • Share on Twitter tagging @Belugadex
  • Ensure you have a valid Arbitrum ONE address (that has interacted with Beluga)
  • Submit tweet link and address on https://zealy.io/c/belugaprotocol/questboard

Use the beta to win from a prize pool of $500

As well as the thread competition, users that interact and use the beta will also be entered into a giveaway where 5 people will win $100 BELA. Only real activity will be eligible, and all winners will be screened to ensure that they have (1) have an address that has interacted with the beta (2) performed multiple transactions that are not automated/botted.

To have your chance at winning $100, you will simply need to follow the following instructions and interact with this page:

Meanwhile if you are a new user to Beluga and DeFi, please check out our User Guide on how to use Beluga Protocol on Arbitrum.

If you have any feedback, suggestions, or questions, please head over to our Discord or Telegram Channel.

--

--

Beluga

Beluga Protocol is a stableswap AMM built on solana.