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Band Protocol Price Feeds Go Live on Arbitrum: Enhancing Smart Contract Functionality with Real-Time

Band Protocol Price Feeds Go Live on Arbitrum: Enhancing Smart Contract Functionality with Real-Time WikiBit 2023-08-22 16:44

Band Protocol Price Feeds Go Live on Arbitrum: Enhancing Smart Contract Functionality with Real-Time

According to official sources, Band Protocol's oracle price feed functionality has been expanded to support Arbitrum.

Band Protocol operates on its own BandChain, which is a native version within the Cosmos ecosystem. It supports IBC and is EVM-compatible, enabling seamless cross-chain communication. This allows dApps on Arbitrum to interact with Band oracle solutions on various compatible chains across different ecosystems. This fosters a more interconnected and collaborative network within the blockchain ecosystem.

In addition to token prices, Band Protocol also provides a range of data including staked assets, forex, commodities, securities, and other customized price information, seamlessly integrated into dApps on Arbitrum.

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