Welcome to bulliscoming Bonfida price prediction, Bonfida is a project built on Solana blockchain, with which aim is to showcase what can be done on the strongest performing blockchain out there. The current CoinMarketCap ranking is #323, with a live market cap of $151,174,224 USD. It has a circulating supply of 44,729,964 FIDA coins and a max. supply of 1,000,000,000 FIDA coins.
In this article, we will check out the what Bonfida is all about and the Bonfida price prediction from 2022 to 2029.
What Is Bonfida?
Bonfida bridges the gap between Serum, Solana, and the user. It is the flagship Serum GUI and brings 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 and
could be used for buy/burns, etc.
FIDA will be used transactionally for:
FIDA staking will grant its holders:
Exclusive API endpoints and lower latency
Access to rare Solible markets
Advanced 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.
Samson Olatinwo is a creative blockchain content writer and strategist, a young fellow that derives passion from creating relevant and engaging content about cryptocurrency and blockchain technology.
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