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.
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