Band Integrates Nervos’ Godwoken

Lida Dinnero — Thu, 22 Sep 2022 16:19:32 +0000

Band Protocol has successfully integrated the price feed with Nervos Network’ Layer 2, Godwoken to the mainnet.

Band Protocol is committed to providing the most secure and decentralized price feed solution at a reasonable price to all partners. This partnership with Nervos’ Godwoken will help bring further integrations with various dApp developers. Who are working under the Nervos ecosystem, allowing them to gain access to a wider range of reliable data feeds. That enable these builders to successfully launch their dApps within the web3 industry.

Band Integrates Nervos’ Godwoken – What is Nervos’ Godwoken?

Nervos Layer 2’s Godwoken is now 100% EMV-compatible, meaning that it now allows developers to easily launch a variety of dApps ranging from DeFi to gaming and NFTs that are multi-chain. In addition, providing instant interoperability to other chains will also allow the projects to expand and grow their audiences even faster than before. Therefore saving their time from having to build different versions of the dApps for different blockchains.

Moreover, Godwoken is Nervos’ stepping stone to providing a permissionless and decentralized environment. Band Integrates Nervos’ Godwoken, where all dApps and project developers can easily migrate existing dApps from Ethereum onto Godwoken. These developers will also be able to provide faster transactions to their users on Godwoken. Therefore creating a fluid and seamless experience for all users to enjoy within the ecosystem. With all the benefits tailored for Web3 developers, Godwoken’s all-inclusive dApp ecosystem is quickly becoming a one-stop place for developers.

How does Band Protocol contribute to Godwoken?

Currently, BAND’s oracle is mainly being used to power the lending component of the Hadouken project which is a lending dApp on Godwoken. The Nervos layer 2’s ecosystem as a whole. Oracle is a crucial part of any lending dApps. Without a reliable and trustworthy price feed, lending dApps like Hadouken wouldn’t be able to function. The Hadouken team is currently working to allow crowdsourced liquidations on their dApp and Band Protocol’s integration will play a big role in this upcoming milestone.

About Band Protocol

Band Protocol is a cross-chain data oracle platform with the aspiration to build high-quality suites of web3 development products. The flagship oracle solution aggregates and connects real-world data and APIs to smart contracts. Enabling smart contract applications such as DeFi, prediction markets, and games to be building on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backing by a strong network of stakeholders including Sequoia Capital.

Website | Twitter

About Nervos

The Nervos Network is a collection of protocols and public blockchain aiming to solve the biggest challenges facing blockchains like Bitcoin and Ethereum today. The Nervos Common Knowledge Base (CKB) is the layer 1, proof of work, public permissionless blockchain protocol of the Nervos Network. It allows any crypto asset to be storing with the security, immutability, and permissionless nature of Bitcoin. While enabling smart contracts and scaling with layer 2 (Godwoken). Its unique crypto-economic model to better align the interests of users, developers, and miners as compared to first-generation blockchains.

Website | Twitter

SOURCE

https://medium.com/bandprotocol/band-protocol-integrates-with-nervos-godwoken-361546e1091d

REQUEST AN ARTICLE

The post Band Integrates Nervos’ Godwoken appeared first on Smart Liquidity Research.

Nervos & Celer Partnership Campaign

Lida Dinnero — Wed, 13 Jul 2022 20:03:14 +0000

Nervos & Celer Partnership Campaign with a total prize pool of $1,500 in $CKB, will take place for those that use the Celer cBridge to move funds from Ethereum to Nervos.

When will the contest be held?

The contest will run from 7/13/2022 2:00 AM UTC to 7/20/2022 2:00 AM UTC.

How to participate and what are the prizes?

All qualified addresses that use the Celer cBridge to move USDT, USDC, ETH, WBTC or DAI greater than $50 USD from Ethereum to the Nervos Layer 2 — Godwoken in the specified period of time can claim a mystery box NFT at the Project Galaxy.

For this campaign there are two different NFTs (regular ones or 1 of 30 special ones) that you can receive in your mystery box. The 30 special ones will each receive $50 in $CKB (The prize amount will be calculated at the moment of the distribution of the prize OR another fixed date can be set for the total amount of tokens to be received by the winners).

Prize distribution

Nervos & Celer Partnership Campaign, The prize winners will be qualified by Celer and they will be notified publicly in a tweet from the Nervos Twitter account. Winners will receive their prizes within 14 days after the event has ended.

About Nervos

The Nervos Network is a collection of protocols and public blockchain ecosystem. They are aiming to solve the biggest challenges facing blockchains like Bitcoin and Ethereum today.

It allows any crypto-asset to store with the security, immutability, and permissionless nature of Bitcoin. Its unique crypto-economic model to better align the interests of users, developers, and miners as compared to first-generation blockchains.

Website | Twitter

About Celer Network

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps. Using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem.

Website | Twitter

SOURCE:

https://medium.com/@nervosnetwork/nervos-network-x-celer-network-kick-off-a-cross-chain-partnership-campaign-7efbb7ddf677

The post Nervos & Celer Partnership Campaign appeared first on Smart Liquidity Research.

#Nervos Archives - Smart Liquidity Research

Band Integrates Nervos’ Godwoken

Band Protocol has successfully integrated the price feed with Nervos Network’ Layer 2, Godwoken to the mainnet.