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What is Band Protocol all about
Oracle and the providing of real-world data to dApps and blockchain applications has become essential to the evolution of smart contracts. Band Protocol is a platform working on providing such data to dApps.
Data, such as prices of assets, play an important role in the execution of smart contracts, and ensure its smart contracts execute correctly, Band Protocol provides such a service through a software that incentivizes a special class of its users, known as validators, to provide and verify external data.
OOracles services like band operate as an important link between traditional internet data sources and the new decentralized network that is being built on blockchain. Band handles requests for data from decentralized applications and relays information using data feeds from the rest of the internet.
The crypto of Band Protocol, BAND, has an inflation schedule, meaning that over time, the value of each BAND token gets reduced. This is to encourage users to deposit their coins with validators. When a user deposits coins with a validator, they earn tokens to offset the inflation rate.
Band Protocol Profit Calculator
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BAND Questions & Answers
To date, what was the highest price of Band Protocol?
Band Protocol's price was the highest on 2021-04-15, at 19.08 EUR.
What is Band Protocol's current price?
Today's price of Band Protocol is 7.26 Euro.
What will Band Protocol be worth in three months time?
In accordance with our prediction algorithm we suspect that Band Protocol's price will reach anywhere between undefined and €5.72 90 days from now.
What will Band Protocol cost half year from now?
Accurate long term forecast is very difficult, however on the basis of our short term price prediction we estimate Band Protocol's cost will reach between undefined and €5.72 six months from now.
Does Band Protocol have a large following online?
6080 Reddit users were engaging in an online discussion on Reddit about Band Protocol in the last 2 days. Band Protocol's official Twitter handle is followed by null users.
What is the price of Band Protocol going to be next month?
Using our prediction, we suspect the value of Band Protocol is likely going to be between undefined and €5.72 in one month time.