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Band Protocol Partners with DSLA as Oracle Partner & Joins Incentivized Beta Test

Earn rewards for protecting BAND staking deposits against staking risks

Dear DSLA Champions, our team is proud to announce that we are adding support for the Band Protocol BandChain network to the DSLA Protocol! 🎉

Powered by their in-house BandChain proof-of-stake network and the BAND token, Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.

During the upcoming DSLA Incentivized Beta, DSLA contracts will provide BAND token delegators with a decentralized hedge against slashing, staking efficiency drops and late reward payouts, while enabling anyone to earn rewards for protecting BAND staking deposits against staking risks.

Although delegating your BAND tokens to a third-party staking service is easier than operating a BandChain node yourself, doing so exposes you to unfortunate losses and missed rewards.

DSLA contracts are an elegant, symmetric governance vehicle to effortlessly manage this incumbent risk without legal, customer support and insurance intermediaries.

DSLA is Powered by Band Protocol

It is our great pleasure to announce that the Band Protocol data oracle will also empower the enforcement of DSLA smart contracts, by connecting our protocol to the staking analytics of our decentralized performance monitoring data indexer.

As originally planned in our official white paper two years ago, we have been actively looking forward to integrating the best possible data oracle service to the cross-chain DSLA architecture that relies on the Ethereum and Polkadot decentralized ledgers.

The Band Protocol team has been the only one to demonstrate a world class ability to accompany us during the integration process, and cope with our demands as we were figuring out the user experience of the DSLA.network DApp.

We will be looking forward to continuously improve our ...

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