I've recently encountered the term 'band coin' and I'm curious to learn more about it. Could someone explain what a band coin is, its purpose, and maybe even its historical background or usage in modern times?
6 answers
DondaejiDelightfulCharmingSmileJoy
Fri Nov 01 2024
The native token of the Band Protocol ecosystem is known as BAND.
SakuraSmile
Thu Oct 31 2024
Band Protocol operates by providing blockchains with reputable and verifiable real-world data.
Margherita
Thu Oct 31 2024
This token serves a dual purpose within the network.
FireflySoul
Thu Oct 31 2024
Validators utilize BAND as collateral when fulfilling data requests.
CryptoTitanGuard
Thu Oct 31 2024
It acts as a guarantee of their commitment and reliability.