Fantom, the team advised by Andre Cronje, has launched liquid staking and synthetic assets in partnership with Band Protocol. $BAND oracles are securing 16 assets upon launch, later expanding up to 176 synthetic assets.
Leveraging a fast, scalable and secure layer-1 platform, Fantom Finance combined with the matched scalability and security from Band Protocol creates a decentralized trading experience unlike any other. Trades are confirmed in a few seconds with low fees ($0.000001).
$BAND scalable oracle technology is used to derive accurate and real-time information for all assets synthesized on Liquid Staking.
Supported assets at launch include FTM, fUSD, fGBP, fCNY, fEUR, fKRW, fJPY, fCHF, fBTC, fETH, fLINK, fBAND, fBNB, fGold, fSilver and fWTI.
Fantom will continue to work closely with Band Protocol as they expand their offering to 176 unique synthetic assets while onboarding additional enterprise-grade data providers to maximize the degree of security and redundancy for end-users.
Congratulations to our partners at Fantom on achieving this key milestone!
Users can access Liquid Staking and Fantom Finance using the Fantom wallet at: https://pwawallet.fantom.network/.
Official announcement https://medium.com/p/c6ee0707bf84/
Spread the word https://twitter.com/BandProtocol/status/1337040898337673227
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Recent Band Protocol Developments:
Band Protocol partners with Acala, LunaDEX, KyberSwap, Harmony, Fantom, Loopring, TRON, ICON, FutureICX, Nervos, Neutrino & Binance Smart Chain to power DeFi and Web3.0 apps
Band Protocol integrates with Mirror Protocol to bring synthetic stock and commodities to Terra and Ethereum blockchains
Band Protocol partners with dForce to secure DeFi DApp Ecosystems on Ethereum
Band Protocol partners with Swipe for listing and scalable oracle integration
Band Protocol integrates with Linear Finance to provide price feeds for its synthetic assets
