Band protocol rate

-15.20%for last 24 hours

What is Band protocol

Band Protocol offers a decentralized data oracle that connects smart contracts (such as DeFi) to external data and APIs. The project uses Delegated Proof-of-Stake (DPoS). BandChain provides a decentralized, scalable, and cross-chain oracle solution for any decentralized finance (DeFi) application or smart contract developer. BandChain also allows developers to customize and create a 'data oracle script' that allows smart contracts to connect to external data sources and APIs, and specify aggregation methods and security parameters. BAND is the native token of BandChain and is used as a medium of exchange for transfer/data request fees as well as staking to ensure accountability and secure data curation from a trusted global pool of validators. You can safely and reliably buy, sell, ship and store BAND on LiteBit.

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