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Band Protocol

Band Protocol is a cross-chain data oracle platform.

Overview Structured Data Issues Contributors Activity

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Edits on 6 Sep, 2023

"prospector:3164:3628396"

Katrina-Kay Pettitt

edited on 6 Sep, 2023

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Number of Employees (Ranges)

20 – 49

Number of Employees (Ranges)

10 – 19

Edits on 31 May, 2023

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Golden AI

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Partner Organizations

Injective Protocol

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Golden AI

edited on 31 May, 2023

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Partner Organizations

Celo

Edits on 18 May, 2023

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Golden AI

edited on 18 May, 2023

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Investors

THORChain

Edits on 6 May, 2023

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Golden AI

edited on 6 May, 2023

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Wellfound ID

bandprotocol

Edits on 12 Apr, 2023

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Dushyant Soni

edited on 12 Apr, 2023

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Investors

LuneX Ventures

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Dushyant Soni

edited on 12 Apr, 2023

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2020 Ventures

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Dushyant Soni

edited on 12 Apr, 2023

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Binance Labs

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Golden AI

edited on 12 Apr, 2023

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Alphain Ventures

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Golden AI

edited on 12 Apr, 2023

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7 Star Capital

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Dushyant Soni

edited on 12 Apr, 2023

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SeaX Ventures

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Dushyant Soni

edited on 12 Apr, 2023

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Dunamu & Partners

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Dushyant Soni

edited on 12 Apr, 2023

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Binance

Edits on 3 Apr, 2023

"prospector:2546:2593992"

Katrina-Kay Pettitt

edited on 3 Apr, 2023

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Tagline

Secure, Scalable Blockchain-Agnostic Decentralized Oracle

Motto

Secure, Scalable Blockchain-Agnostic Decentralized Oracle

Edits on 25 Mar, 2023

Megan Gustafson

edited on 25 Mar, 2023

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Article (-794 characters)

Article

How Is the Band Protocol Network Secured?

Though BAND tokens were previously based on the ERC-20 standard, they were recently relaunched as native BAND tokens on the Band Protocol mainnet (known as BandChain).

Holders of the older tokens are able to complete a 1:1 swap by depositing their ERC-20 BAND tokens to Binance, and then withdrawing them as native tokens. This will be necessary to participate in BAND staking — which is only available for mainnet tokens.

...

Based on the Cosmos' SDK, BandChain is secured by a Byzantine fault Tolerance (BFT) consensus algorithm, which protects it against attacks. This works in combination with a delegated proof of stake (dPOS) setup, which secures the network’s oracles and allows BAND holders to earn staking rewards for delegating their stake to nodes.

Edits on 12 Mar, 2023

"Band Protocol is a growing oracle solution provider with a fixed focus on enabling Web3."

Anton Ponurko

edited on 12 Mar, 2023

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Industry

Web3

Edits on 9 Mar, 2023

"prospector:2384:2497036"

Katrina-Kay Pettitt

edited on 9 Mar, 2023

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Is a

Technology

Edits on 8 Mar, 2023

"Band Protocol consists of multiple smart contracts and libraries working together. The figure below summarizes interaction between different smart contracts."

Anton Ponurko

edited on 8 Mar, 2023

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