What is Band Protocol (BAND)?

The Chainlink competitor at a glance

Decentralized Finance (DeFi) is currently the big hype in the crypto space. All projects in this field are currently experiencing strong demand. Especially various lending services, yield farming protocols, decentralized exchanges (DEX) and oracles. Some of the winners in recent weeks have reached over 1000%. These include not only Aave (LEND), Orion (ORN), yearn. Finance (YFI), but also Band Protocol (BAND).

Oracle protocol BAND is not only essential for the whole DeFi sector but could also…