XION’s new integration with @BandProtocol!

Explore the impact!

What is Band Protocol?

Band Protocol is a cross-chain decentralized data oracle platform that has raised over $10 million, including backing from leading investors such as Binance Labs and Sequoia. It simplifies the integration of high-fidelity, real-world data into smart contracts without relying on a single point of failure.

Why is this necessary?

Band Protocol’s integration with XION provides developers with access to Band’s decentralized price feed data, offering the reliability and real-time market information necessary for building innovative, user-friendly applications. A notable example is Band’s EUR price feed, which supports XION’s user-centric fiat denomination, allowing real-time pricing in local currencies and thus broadening Web3 applications’ appeal to a diverse consumer base. This can be further extended to other fiat price feeds as well, making XION’s accessibility truly global.

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