Following our recent integration announcement with Oasis Network, we are thrilled to announce that our scalable and decentralized oracle solution is live and fully integrated on Oasis Network Mainnet — supporting rapid growth in the ecosystem and adding significant usage to Band Protocol
Ready to Support DApp Growth
The integration work that Band Protocol began in Q4 2021 is now complete through testnet and mainnet. Projects building on Oasis Network is now able to access the Band Oracle data feed which is the largest collection of feeds in web3 with more than 230+ symbols, allowing them to build the DeFi ecosystem to its full potential.
The data feed gives the Oasis Network ecosystem access to more than 230 price feeds, which consists of the following component data:
The prices are updated according to a feeding interval of 1 hour (3,600 seconds) and the off-chain price deviates from the on-chain price by 0.5%.
Going forward, the BAND oracle will support other lending protocol integrations, namely TGT Finance, a few more native DeFi protocols coming to the network soon as well as some multichain protocols such as WePiggy.
The integration will also allow BAND to offer Oasis network Native tokens in the data feed, bringing pricing data of Oasis tokens to all the blockchains that have integrated BAND.
For requests to add new tokens to the data feed on Oasis Emerald it is possible to contact the BAND team at email@example.com
The Contract address details can be found here.
Oasis is the leading decentralized, privacy-enabled, layer-1 blockchain network. Combined with its high throughput, low gas fees, and secure architecture, the Oasis Network is able to power scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market. Oasis has many key backers including Andreessen Horowitz, Polychain, and Binance Labs, and several projects already building on its network & partners such as the CryptoSafe Alliance with Binance, The BMW Group, Chainlink, Balancer, and others. Oasis is among the top three invested blockchains and has one of the fastest-growing developer networks in the industry.
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 built on-chain without relying on the single point of failure of a centralized oracle.
More about Band Protocol: https://linktr.ee/bandprotocol