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Fantom uses Band Protocol's (BAND) price oracles to launch Liquid Staking

To ensure accurate price information for listed assets, it integrated Band Protocols price oracles. The move will allow users to use stake assets for different applications in the DeFi sector. Fantom — a scalable, fast, and secure platform for DeFi, supply chains, and even crypto payments — just launched a new DeFi protocol called Liquid Staking. The service combined its own technology with Band Protocol’s (BAND) decentralized price oracles to bring liquidity to stake assets on its layer-...
Michael Kong Fantom Finance Band Protocol Liquid Staking மைக்கேல் காங் கற்பனை நிதி
Source: invezz.com

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Fantom Launches Liquid Staking and Synthetic Assets in Partnership With Band Protocol - Press Release

Fantom Launches Liquid Staking and Synthetic Assets in Partnership With Band Protocol SYDNEY, AUSTRALIA / ACCESSWIRE / December 10, 2020 / Fantom has launched Liquid Staking, a defi protocol with decentralized price oracles provided by Band Protocol. For the first time on a layer-1 protocol, staked assets can become liquid, enabling them to be used for an array of decentralized finance applications. Fantom users can now mint sFTM, a synthetic asset, in a 1:1 ratio to their delegated FTM, before...
New South Wales Michael Kong Dan Edelstein Soravis Srinawakoon Reddit Github Fantom Foundation

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