$FIDA
What is FIDA Coin & Its Key Features
FIDA (Bonfida) is a utility token originally built for the Solana ecosystem, powering tools and services on Solana. �
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It plays a role in decentralized identity via Solana Name Service (SNS) – letting users register human‑readable .sol domains. �
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FIDA has governance and staking utilities, allowing holders to vote and earn rewards. �
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The token was designed with a capped supply of about 1 billion, limiting inflation. �
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Fee incentives are offered to holders, including discounts on domain registrations and reduced trading fees. �
FIDA is integrated with trading tools, analytics, and advanced order types on platforms like Serum. �
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The project aims to simplify blockchain user experience and expand DeFi tools on Solana. �
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FIDA tokens are sometimes burned to reduce supply, which can support long‑term value. �
Bonfida
Its utility spans DEX interfaces, analytics tools, governance, and more. �
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The coin’s price has been volatile historically but remains part of the evolving Solana infrastructure. �
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