The cryptocurrency landscape continues to evolve, and Binance is at the forefront with its innovative New Token Mining initiative. This exciting opportunity allows users to mine emerging digital assets using established tokens like BNB, BUSD, and ARPA. The first project featured under this program is Bella Protocol (BEL) — a decentralized finance (DeFi) platform aiming to simplify access to financial services across multiple blockchains.
Starting September 9, 2020, users can participate in mining 5,000,000 BEL tokens over a 30-day period by staking eligible assets in designated pools. This marks a strategic move by Binance to bridge early-stage projects with a global user base while offering tangible value to long-term supporters of its ecosystem.
👉 Discover how you can start earning new crypto assets today
What Is New Token Mining on Binance?
New Token Mining is a unique feature that enables users to earn newly launched tokens by staking existing cryptocurrencies in specialized liquidity pools. Unlike traditional Initial Exchange Offerings (IEOs), this model rewards participation over time rather than through a one-time purchase.
For the Bella Protocol (BEL) launch, users can stake BNB, BUSD, or ARPA in flexible, no-lockup pools. There’s no KYC requirement and no cap on individual contributions, making it accessible to all levels of investors.
The total mining reward is fixed at 5% of BEL’s total supply — 5,000,000 out of 100,000,000 tokens — distributed evenly across 30 days. This structure promotes fairness and discourages whale dominance.
Bella Protocol (BEL): Project Overview
Bella Protocol aims to deliver gas-optimized, auto-yielding DeFi products with a focus on usability and cross-chain interoperability. By abstracting complex DeFi interactions into simple interfaces, Bella makes yield farming and lending more approachable for everyday users.
- Token Name: Bella Protocol (BEL)
- Total Supply: 100,000,000 BEL
- Mining Allocation: 5,000,000 BEL (5%)
- Private Sale Price: $0.75 per BEL
- Mining Period: September 9, 2020 – October 9, 2020 (Hong Kong Time)
BEL will be listed on Binance on September 16, 2020, with trading pairs including BEL/BNB, BEL/BTC, BEL/BUSD, and BEL/USDT, providing immediate liquidity for early miners.
Mining Pool Distribution
Three separate mining pools have been established, each contributing to the overall distribution based on user demand and ecosystem alignment:
- BNB Pool: 4,500,000 BEL (90%)
- BUSD Pool: 450,000 BEL (9%)
- ARPA Pool: 50,000 BEL (1%)
This tiered allocation reflects Binance's strategy of incentivizing its native token (BNB) while still supporting stablecoin and partner project participation.
Users can switch between pools at any time, and there are no withdrawal penalties — full flexibility is maintained throughout the mining window.
How to Participate in BEL Mining
Participation is straightforward and integrated directly into Binance’s existing interface:
- Navigate to the Binance Earn section (formerly "Binance宝").
- Locate products labeled with the "Launchpool" tag for BNB, BUSD, or ARPA.
- Subscribe by transferring your desired amount into the chosen pool.
💡 Pro Tip: If you already hold these assets in other flexible savings products, simply subscribe to one Launchpool product after the announcement to automatically migrate your entire balance into the mining pool.
Your staked assets remain liquid — you can redeem them anytime without losing accrued interest from the underlying savings product.
👉 Learn how top traders maximize returns using strategic staking
How Are BEL Rewards Calculated?
Rewards are distributed hourly based on your relative share of each pool:
- Binance takes an hourly snapshot of your balance.
- Daily average holdings are calculated: sum of hourly balances ÷ 24.
- Your share of the daily mining allocation is proportional to your average balance.
Example Calculation:
Suppose the BNB pool has a daily mining reward of:
5,000,000 × 90% ÷ 30 = 150,000 BEL/day
If User A stakes 5,000 BNB for 12 hours, and the pool’s total daily average is 100,000 BNB, then:
((5,000 × 12 / 24) / 100,000) × 150,000 = 3,750 BEL
This transparent model ensures fair distribution regardless of stake size.
Key Features & Benefits
- ✅ No lock-up period – Withdraw anytime
- ✅ Earn dual rewards – Mining income + regular interest from staked assets
- ✅ Hourly reward accrual – Transparent and continuous distribution
- ✅ Rewards credited daily – Between 8:00–9:00 AM Hong Kong Time
- ✅ Eligible assets must be in spot wallets – Futures or margin balances do not qualify
- ✅ BNB utility preserved – Staked BNB still counts toward VIP tiers, airdrops, and Launchpad eligibility
You can view your distributed BEL rewards under Wallet > Distribution Records. Be sure to uncheck “Hide Small Assets” to see all transactions.
Frequently Asked Questions (FAQ)
Q: When will BEL be tradable?
A: BEL will be listed on Binance on September 16, 2020, at 14:00 Hong Kong Time. Trading will open for BEL/BNB, BEL/BTC, BEL/BUSD, and BEL/USDT pairs.
Q: Can I withdraw my staked assets during the mining period?
A: Yes. There is no lock-up period. You may redeem your BNB, BUSD, or ARPA at any time without penalty.
Q: Do I earn interest on top of mining rewards?
A: Absolutely. You continue earning the standard flexible savings interest on your staked assets while simultaneously receiving BEL mining rewards.
Q: How are rewards distributed if I join mid-campaign?
A: Rewards are calculated hourly from the moment you enter the pool. Even partial-day participation earns proportional rewards based on your average daily balance.
Q: Why is the ARPA pool so small compared to BNB?
A: The allocation reflects ecosystem priorities. BNB receives the largest share due to its central role in Binance’s ecosystem. ARPA’s smaller portion supports collaboration with the ARPA network.
Q: Where can I check my BEL rewards?
A: Go to Wallet > Distribution Records and ensure “Hide Small Assets” is disabled to view all disbursements.
Core Keywords Integration
This article naturally incorporates key search terms such as Bella Protocol (BEL), new token mining, BNB mining, BUSD staking, ARPA farming, Binance Launchpool, crypto mining rewards, and DeFi yield optimization — aligning with high-intent queries from users exploring early-stage crypto opportunities.
These keywords support strong SEO performance while maintaining readability and relevance for both novice and experienced investors.
👉 Start exploring next-gen crypto earning opportunities now
Final Thoughts
Binance’s New Token Mining program represents a significant step forward in democratizing access to emerging blockchain projects. By allowing users to earn new tokens through familiar assets like BNB and BUSD, it lowers entry barriers and encourages broader participation in DeFi innovation.
With Bella Protocol as its inaugural project, Binance demonstrates its commitment to supporting scalable, user-friendly financial tools built on secure and efficient protocols.
As always, investors should conduct due diligence and assess risk tolerance before participating. Cryptocurrency investments carry inherent volatility and market risks. While Binance carefully selects projects, it does not guarantee returns or compensate for losses.
Stay informed, stake wisely, and take advantage of evolving opportunities in the decentralized economy.