Band Protocol has integrated with Celo Alfajores Layer 2 (L2), a move that strengthens decentralized finance (DeFi). The integration allows developers on Celo's ecosystem to access Band Protocol's decentralized Oracle solutions, enhancing data accuracy and security for the creation of scalable DeFi apps. Developers can now utilize Band Price Oracle to include real-time price feeds for assets like BTC, CELO, CUSD, ETH, and USDC in their projects. This integration improves the security and decentralization of the network, aligning with Celo's goal of global financial inclusion. The collaboration also offers flexibility in choosing between pull-based and push-based oracles based on application requirements. Band Protocol's native token, BAND, has seen a significant increase in value over the last 30 days.
- Content Editor ( crypto-news-flash.com )
- 2024-12-14
Band Protocol Joins Celo Alfajores L2 for Decentralized Price Data