Band Protocol, one of Web3’s earliest oracle networks, is redefining cross-chain data delivery with BandChain v3 — enabling faster, cheaper, and more secure feeds for DeFi, RWAs, and AI applicationsKey Takeaways:Band Protocol outlines its vision to become Web3’s backbone data layer, supporting DeFi, RWAs, AI, and more.BandChain v3 introduces major upgrades for speed, cost efficiency, and multichain expansion.BAND token utility is evolving, with staking, governance, and a new Signaling Hub driving demand.As Web3 matures, secure and scalable oracle infrastructure has become the foundation for smart contract innovation. Band Protocol (BAND) — one of the earliest and most trusted oracle networks — continues to refine its technology to meet growing demand for real-time, interoperable data feeds.In this exclusive Binance News interview, we speak with the Band Protocol team about its technical roadmap, the rollout of BandChain v3, multichain oracle strategies, validator economics, and how BAND is positioning itself for AI and decentralized data dominance.1. Band Protocol’s Position in the Web3 Oracle RaceQ: How would you define Band Protocol’s value proposition in today’s crowded oracle market — and what sets it apart from competitors like Chainlink and Pyth?Band Protocol Team:We focus on a balance of security, performance, and cost efficiency. Unlike some providers, we’ve never experienced an exploit, and we take that track record seriously.Compared to fully on-chain oracles, we deliver equivalent trust and security but at lower cost and faster response times. And while some off-chain oracles might push slightly faster data, our architecture prioritizes data integrity and resilience — critical factors for DeFi, RWAs, and beyond.Since 2019, Band Protocol has secured over $20B in Total Value Secured (TVS), powering more than 60 ecosystems with a flawless record.Q: Can you break down how BandChain processes and relays data?Band Protocol Team:Band operates as a push-based oracle. Here’s how the process works:Step 1: Data Fetching – Validators run oracle scripts to retrieve external data (prices, RWAs, commodities).Step 2: Aggregation – Multiple validator submissions are combined into a single consensus-approved value.Step 3: Proof Generation – BandChain issues a Merkle proof certifying authenticity.Step 4: Cross-Chain Relaying – Relayers deliver data + proof to destination chains (EVM, Cosmos, non-EVM).Step 5: Application Use – DeFi protocols, games, or RWA platforms consume verified data in real time.This architecture ensures secure, tamper-resistant data delivery across chains.Q: Oracles now support far more than price feeds. Where does Band see the biggest growth?Band Protocol Team:Price feeds remain 90% of demand, but oracles now power RWAs, AI integrations, cross-chain apps, and identity attestation.For example, we supported Mirror Protocol on Terra, feeding real-time stock prices (AAPL, NFLX, TWTR). That early experience shaped our focus on low-latency and accuracy.As AI becomes integral to Web3, Band’s role expands: we supply verified data to AI systems, improving how LLMs and AI agents respond in decentralized environments. Oracles aren’t just middleware anymore — they’re the data layer for the decentralized internet.2. Cross-Chain Services & Ecosystem GrowthQ: Which chains currently rely on Band, and where will you expand in 2025?Band Protocol Team:Band feeds live price data to Ethereum, BNB Chain, XRPL, Stellar, Flow, Injective, Oasis, Cronos, Optimism, and more.In 2025, we’ll deepen support for emerging L1s, L2s, and appchains. A major focus is XRPL, where we’re the exclusive oracle provider.With Band v3, we’re lowering costs and improving speed — making it easier for developers to integrate Band as the data backbone for DeFi, RWAs, and gaming.Q: Beyond price feeds, what high-value use cases stand out?Band Protocol Team:We’re powering:VRF (Verifiable Random Function) – Used for lotteries, NFT drops, and on-chain gaming fairness.RWA data – Tokenized stocks, commodities, and indices need continuous, reliable price feeds.Recently, we supplied commodity prices (gold, silver, copper) to XRPL and Coreum, proving that Band supports more than just crypto prices — we enable real-world markets on-chain.3. BandChain v3: A Technical Leap ForwardQ: What’s new in BandChain v3?Band Protocol Team:Band v3 introduces:Signaling Hub Module – Makes it easier to list tokens and generate price feeds.Concurrent Price Stream – Handles 1,000+ symbols with updates as frequent as 1 second.Threshold Signature Scheme (TSS) – Smaller, cheaper proofs for cross-chain data delivery.Data Tunnel Module – Built with interoperability protocols to streamline multichain relaying.This upgrade is a game-changer for throughput and cost efficiency.4. Security, Decentralization & Validator IncentivesQ: How does Band ensure security and prevent oracle manipulation?Band Protocol Team:Multi-validator aggregation prevents single-point manipulation.Strict token listing criteria ensure sufficient liquidity and depth.Custom update parameters help DeFi protocols filter out flash-loan anomalies.BAND staking & slashing economically align validators with honest reporting.Our zero-exploit record isn’t by chance — it’s built into our design.Q: How are validators incentivized?Band Protocol Team:Validators earn block rewards and data request fees.With Band v3, incentives expand:Validators in TSS groups earn higher rewards.The Signaling Hub allows BAND holders to stake to influence which feeds are prioritized.This creates dynamic rewards tied directly to data usage and reliability.5. BAND Token Utility & Economic DesignQ: What is BAND’s role in the ecosystem?Band Protocol Team:BAND powers staking, governance, fee payments, and oracle validation.With v3, Signaling Hub staking adds a new layer: BAND holders can stake to prioritize token listings and update frequency — potentially locking tens of millions of BAND as feeds scale.6. Binance Ecosystem & Strategic VisionQ: How is Band integrated into Binance and BNB Chain?Band Protocol Team:Band launched via Binance Launchpad and remains tightly integrated with BNB Chain.We’re expanding into BNB Chain dApps and discussing synergies with Binance Web3 Wallet — aligning with Binance’s mission to enable more data-driven DeFi use cases.Q: Which verticals will Band target in 2025 and beyond?Band Protocol Team:RWAs – Continuous feeds for tokenized assets.AI Agents – Verified context data for LLMs and on-chain AI.Modular Rollups – Faster, lighter oracle feeds.Our AI product launching soon will provide reliable context data to AI models, positioning Band as the data engine for AI + Web3 convergence.7. Looking Ahead: Band Protocol in 2030Q: What’s Band’s long-term vision?Band Protocol Team:By 2030, Band won’t just be an oracle — it will be the sovereign data layer for Web3 and AI.We expect RWAs, AI-driven apps, and real-time data to dominate demand, and Band will power that future with decentralized, verifiable, high-frequency data infrastructure.Why Developers Should Choose Band ProtocolIn today’s multichain world, developers need an oracle that’s:Reliable (zero exploits, 5+ years track record)Cost-efficient (TSS lowers proof costs)Flexible (custom feeds, VRF, RWAs, AI data)Truly multichain (EVM, Cosmos, XRPL, modular rollups)Band Protocol delivers all of that — and is building the data infrastructure for the next decade of Web3 and AI.
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