Band Protocol (BAND) Price
$0.73175 1.20%
Latest Updates
Updated at 13:25Market cap
$121,009,050.05
Market rank
#320
Volume 24H
$13,747,590.51 25.62%
Price change 24h
-$0.00879 1.20%
Price change 7d
-$0.08455 11.55%
What about Band Protocol?
The software program Band Protocol is designed to encourage a network of users to supply real-world data to decentralized applications (dApps) that are running on blockchains. Band Protocol is frequently referred to as a "decentralized oracle" system, a moniker also applied to blockchains like Chainlink that reward users for providing reliable data. A Band Protocol validator is required to possess a minimum number of BAND tokens, which they can either purchase themselves or be granted by another user. It should be noted that the Band Protocol has an inflation schedule for its BAND cryptocurrency, which results in a gradual decline in the value of each BAND token.
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Trending
24h top price changes+$0.46334 66.59%
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+$0.00889 13.35%
+$0.03101 12.57%
+$0.02763 11.87%
+$0.00001 11.10%
+$0.00454 10.99%
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