Band Protocol increases Oracle v3 access across Cosmos, Axelar, and Router Protocol networks through integration.
Loose Lips Sync City:
Band Protocol unveils the nastiest, most-wanted phase 2 of Band Oracle v3, makingcross-chain operations go off like a muthafuckin' firecracker!
Band Protocol, that down-ass data oracle for cross-chain operations, has spilled the beans about the launch of Band Oracle v3 Testnet's phase 2. With this spicy, juicy reveal, Band Protocol is stepping things up by broadening the Data Tunnel integration and bringing Cosmos, Axelar, and Router Protocol into the family. The streets are talking about this delicious development on their official social media account on X.
Band Protocol unveils the nastiest, most-wanted phase 2 of Band Oracle v3, making cross-chain operations go off like a muthafuckin' firecracker
By letting it all hang out and launching this 2nd phase of Band Oracle v3, Band Protocol is aiming to increase its support for Router Protocol, Axelar, and Cosmos. This move expands availability like a motherfucker, turning Band Protocol into a premium infrastructure provider for real-world asset tokenization and the sneaky, shady world of DeFi. You know what's dope about this phase? The integration of IBC-Hook route.
This bad boy permits blockchains within the Cosmos ecosystem to tap into Band's current Inter-Blockchain Communication token transaction channels. In other words, they can access Band's oracle data, making it easy as pie for Cosmos-based chains to join the party. This streamlines the onboarding process and brings the accurate price feeds of Band to the table, where a growing ecosystem can get their hands on it.
Livin' it up in DeFi, RWA, and Gaming Apps
According to Band Protocol, they're working closely with Axelar and Router Protocol to use their cross-chain routing functionality. They're also focusing on their sweet, sweet relationship with Axelar for the development of a secure bridge to transfer Band's oracle data to Axelar-linked chains. In short, the Band Oracle v3 Testnet's phase 2 is taking us to a future filled with interoperable DeFi, RWA, and gaming applications that are gonna be off the hook.
[1] Medium, Band Protocol Blog, https://blog.bandprotocol.com/band-protocol-testnet-phase-2-mainnet-launch-event-is-around-the-corner-16a01a4f3c61
[2] Cointelegraph, Band Protocol launches Testnet v3 to 'drive DeFi, RWA, and Gaming apps with unmatched interoperability', https://cointelegraph.com/news/band-protocol-launches-testnet-v3-to-drive-defi-rwa-and-gaming-apps-with-unmatched-interoperability
- Band Protocol's unveiling of phase 2 of Band Oracle v3 is expected to revolutionize cross-chain operations, sparking a fireworks display in the DeFi, RWA, and gaming app industries.
- With the integration of IBC-Hook route, blockchains within the Cosmos ecosystem can now tap into Band's existing Inter-Blockchain Communication token transaction channels, enabling them to access Band's oracle data effortlessly.
- By expanding its support for Router Protocol, Axelar, and Cosmos, Band Protocol aims to reinforce its status as a top-tier infrastructure provider for real-world asset tokenization and DeFi.
- The new phase of Band Oracle v3 also includes the development of a secure bridge to transfer Band's oracle data to Axelar-linked chains, fostering a robust and interoperable ecosystem.
- In the tech and finance sectors, this news has generated a buzz, promising a future where data-and-cloud-computing technology plays an integral role in DeFi and various other applications.
- Band Protocol's collaboration with Axelar and Router Protocol in cross-chain routing functionality is expected to pave the way for unparalleled interoperability within the DeFi, RWA, and gaming app landscape.
- The spicy reveal of Band Protocol's phase 2 plans has been announced across various media platforms, causing a stir within the fintech industry.
- Phase 2 of Band Oracle v3 is set to launch soon, and enthusiasts can stay updated by following Band Protocol's official social media accounts or visiting resourceful platforms like Medium and Cointelegraph.
