Kyber Network Collaborates With Band Protocol for Exchange Listing & Trading Competition
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BAND tokens will be available on Kyber Network and the KyberSwap DEX starting at 7th April 2020, increasing global liquidity and allowing any decentralized application to seamlessly integrate Band Protocol’s oracles or utilize BAND tokens.
BAND can now be used to simultaneously pay and call Band Protocol’s decentralized data oracles in one atomic transaction, streamlining the data request process for any decentralized application.
Listing Information
Listing date: Tues, 7th April 2020
Listing time: 9 PM (GMT+8)
Kyber Network is an on-chain liquidity protocol with a record-breaking $196M trading volume in March and will become one of the major venues to buy or sell BAND in a decentralized manner. BAND will have more liquidity through exposure on KyberSwap and any other dApps or platforms integrated with Kyber’s protocol.
“Kyber is glad to support Band Protocol’s mission to establish a framework for the trustless curation of data, by helping to provide accessibility to the BAND token across our DApp ecosystem.“
Sunny Jain, Head of Product of KyberSwap“Band Protocol is excited to collaborate with Kyber Network, a leader in the DeFi space with close to 100 integrations, to drive global liquidity and utility of BAND in a trustless manner.”
Soravis Srinawakoon, Co-Founder & CEO of Band Protocol.
With the rapid growth of DeFi and funds locked up reaching $1.25 billion in value, it has never been more important to prioritize the safety of user funds which begins with oracle design. Band Protocol will research and bring Kyber Network’s on-chain price oracle into our decentralized network to provide the safest and most secure standard price oracle for decentralized finance.
Trading & Twitter Competition
To celebrate our listing, Band Protocol and KyberSwap are hosting a $BAND trading competition where you can win $6000 worth of prizes!
🥇1st: $1200
🥈2nd: $900
🥉3rd: $600
The next top 50 winners get $60 each!
Prizes will be awarded in the BAND token price at the conclusion of the competition, 23:59 SGT GMT+8 Tuesday 21st April 2020.
Details: https://kyberswap.com/promo/band
We will also be awarding 10 Twitter winners $30 in prizes who will be randomly selected and announced on 23:59 SGT GMT+8 Tuesday 21st April 2020.
Check out our Twitter post here to see how you can win!
We’re thrilled to work closely with yet another South-East Asian project in the decentralized finance space and bring our oracle another step closer to mass adoption by working in tandem with Kyber Network.
About Kyber Network
Kyber’s on-chain liquidity protocol allows decentralized token swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem. Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps — helping to build a world where any token is usable anywhere.
Discord | Website | Blog | Twitter | Reddit | Facebook | Developer Portal | Kyber Tracker
About Band Protocol
Band Protocol is a data oracle platform building the data layer of the Web 3.0. It provides an accurate information feed from community-curated data providers that allows blockchains to access trusted data from outside of the network. This solution is particularly important for the execution of smart contracts, that are triggered by off-chain occurrences. It is open, decentralized and does not rely on third party services. Band Protocol makes dApp (decentralized applications) development simple and allows developers to tap into trusted data sources by integrating a basic line of code.
Website | Whitepaper | Telegram | Medium | Twitter | Reddit | Github
