The below Band Protocol price chart tracks the price of Band Protocol against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Instant transaction finality
The Band Protocol, developed on the Cosmos Blockchain, provides a decentralized conduit connecting developers of smart contracts to external data and APIs - delivering a secure interoperable communication framework. The ability of the protocol to provide real world data to multiple blockchains, all in a swift, efficient manner makes it an appealing project full of potential.
Utilising BAND as the native token of the platform, validators of the “BandChain” are rewarded with the token for providing trusted and reliable information. The BAND token can also be used for governance purposes - providing users of the network - be it validators or delegators, to propose and vote on changes to the protocol.
Despite being a competitor with ChainLink (LINK), the Band Protocol has the support of a youthful team - who possess a great fundamental gauge of blockchain technology and industry monoliths such as Binance. What remains in store for them will be exciting and engaging nonetheless.
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