About Bonfida (FIDA)
Bonfida is a product suite that provides a user-friendly front-end experience for Serum and Solana. Serum is a decentralized exchange (DEX) built on Solana that offers cross-chain support. Bonfida’s user interface interacts with Serum’s API, allowing traders to view charts and execute market orders. Traders can also build Bonfida bots to execute trades automatically on Serum, and other traders can subscribe to these bots by paying a subscription fee denominated in FIDA. In addition, Bonfida runs a Solana naming service, which provides a decentralized way to map .sol domain names to on-chain data.
FIDA is an SPL token compliant with the Solana network. FIDA holders can vote on, and draft, governance and product proposals on the Bonfida platform. FIDA tokens are also used to purchase .sol domain names, and can be used as payment for trading bot subscriptions on the Serum DEX.
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The pricing data and asset description above are for general informational purposes only and are not investment advice. Buying, selling, and trading cryptocurrency involves risks. You should consult with your own appropriately qualified and licensed advisors before engaging in any transaction on Gemini. Some data is provided by Messari, a third party that is not affiliated with Gemini.