Band Protocol, secure and scalable decentralized oracle, will be integrated into Fantom’s Opera Mainnet, secure consensus for distributed networks.
Fantom is a set of open-source tools to build all kinds of distributed ledger related products. Band Protocol will be as supporting oracle for various government and decentralized financial applications such as lending, borrowing, and synthetic assets. Band Protocol also says on its blog that, Band’s oracles will provide reliable price feed data for over 175 tradeable synthetic assets on the fTrade platform and a robust FTM price feed for fLend to which will allow users to borrow/lend tokens to the aggregate liquidity pool.
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