Convert ERIS Arbitrage LUNA ARBLUNA to Beldex BDX

arbLUNA is Eris Protocol’s arbitrage-powered LST on Terra (phoenix-1). Users obtain arbLUNA through the Arb Vault, which captures structural spreads between LUNA and LST markets (e.g., unbonding lag, routing frictions) and auto-compounds yield into the token’s value. Beyond simple staking, arbLUNA is a first-class citizen in Eris’s Terra Liquidity Alliance (TLA)—a ve(3,3)–style liquidity coordination layer where LSTs can be locked for voting power, used to direct weekly incentives to LP pools, and accrue additional rewards through rebases. The design aligns staking yield, governance, and market depth so Terra traders face tighter spreads and deeper liquidity while holders benefit from programmatic, on-chain value accrual.

Beldex building a decentralized confidential ecosystem in Web3 for secure digital interactions.. The concept of the project was developed in 2018, and launched in the same year. The Beldex project is committed to enhancing user data protection and their confidentiality online. BDX is an ecosystem coin that facilitates confidential transactions. Beldex's mission is to provide a confidential environment where data can be exchanged securely. The project is focused on individual safety and true data confidentiality with systematic research to ensure the confidentiality of individual transactions, and thus the safety of users and the security of their funds. BDX operates on the Beldex decentralized blockchain for performing secure transactions, while the ecosystem supports secure and confidential dApps, among them: BChat, BelNet, Beldex Browser, the Beldex protocol, and the Beldex bridge. Initially, Beldex was developed on a PoW architecture followed by a transition to the PoS consensus model in order to increase the scalability of the BDX token, lower fees and reduce transaction times.