ICONFi Integrating BandProtocol’s Price Feeds

ICONFi announced the successful integration of Band Protocol’s highly reliable and secure reference price feeds into ICONFi application.

As more and more users are joining ICONFi, Band Protocol’s decentralized and real-time price data will provide a secure and meaningful user experience making the prices and values of crypto assets on ICONFi more reliable and trustworthy.

As previously announced, ICONFi will be supporting BAND staking in the future as well — both BAND and ICON community users will be able to stake and participate in the BandChain decentralized oracle network with auto-compounding to maximize block rewards and oracle fees. The successful integration update would be the first step toward further cooperation and strong partnership between BAND Protocol and ICONFi.

What is Band Protocol?

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Band Protocol enables smart contract applications such as defi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.

What is ICONFi?

ICONFi is a digital asset savings platform that provides simple & intuitive earn products so that anyone can easily multiply crypto assets. ICONFi aims to simplify the complicated processes often associated with crypto assets and offers a sleek, straightforward user interface which supports saving, staking and airdrop activities at the palm of your hand.

📰 INFO:

https://iconfi.medium.com/updated-iconfi-integrating-bandprotocols-price-feeds-b76f95c16fb0