Band Protocol x Fantom Collaboration

Band Protocol has deployed a validator node on the Fantom Opera Mainnet, which has already rallied 1.46M FTM in delegation from the community.

https://explorer.fantom.network/validator/0xb9b4cf8077750e037101ab331ceba9312154fc43

Band Protocol has been working closely with the Fantom ecosystem of DeFi applications to provide secure, decentralized oracles including the likes of C.R.E.A.M. Finance.

They are excited to further relationship with Band Protocol as they continue to collaborate on the integration of Band Oracles and introduce new products into the Fantom ecosystem ecosystem including Verifiable Random Functions (VRFs) down the line.

About Band Protocol

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. 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.

About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in 1 second and cost a fraction of a cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

📰 INFO:

https://fantom.foundation/blog/band-protocol-deploys-a-validator-node-on-fantom-mainnet/