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What is Bonfida?

Bonfida is a group of experts in cryptocurrencies, analytics and engineering. Our expertise and focus are largely based on growing blockchain technology by enhancing the world of decentralized identities. Through our accumulated experience we have come to realize that a core component of identity whether on or off-chain is your name. That’s where the journey of the Solana Name Service began.
As advocates of Web3, these names should be owned and controlled by you and their data to be distributed in a privacy-preserving way to authenticate reputations. Establishing web3 reputations, and similarly web2 reputations, requires a brand, familiarity, or some sort of likeness. With that said, we have carefully been developing Solana Name Service (decentralized naming) to allow you to create secure, pseudo-anonymous identities while still enabling people to form those positions of influence on-chain.
Although the DeFi phenomenon has seen great success there’s still a lot to achieve. For it to remain long-lasting and ground-breaking we need to work on mass adoption. We believe this is possible by finding a comfortable bridge from the web we know today and then ensuring ease of use when the bridge is crossed. Our product offers both.

Our Beginning

Bonfida was one of the first projects in the Solana Ecosystem. Initially, we provided API services and hosted the flagship Serum DEX when it launched in September 2020. With our initial offering, it became obvious that there was a demand for products to enrich the experience of users in Decentralized Finance (DEFI) sphere. After that, we deployed a vast array of products from bot strategies, a perpetual swap, token vesting and so forth. The continuous demand for our products at the time encouraged us to launch the $FIDA token on the 22nd of December, 2020.
Our product stream has since become more niche and we have devoted all of our energy to enhance the decentralized naming space with .sol domain names.

Bonfida's Product & Service Offerings

  1. 1.
    Solana Name Service: A decentralized naming service built on Solana
  2. 2.
    Token Swap: A simple swap mechanism for your tokens
  3. 3.
    Token Vesting Contracts: The first SPL token vesting contract to be audited and used by other projects
  4. 4.
    On-chain Staking: Earn yields through investing your $FIDA tokens