Band Protocol Info
Discover Band Protocol's $BAND tokenomics, enabling secure and scalable decentralized oracle solutions that power smart contracts with real-world data in Web 3.0.
- Ticker
- $BAND
- Listing Price
- $0.473
- Total Supply
- 100,000,000
- Niche
- DeFi
- TGE Date
- 2019-09-16
- Website
- https://band...col.com
Tokenomics
Audit
Audited
Information
Tokenomics Rating
- Rank
- #571
- Percentile
- Top 32%
Tokenomics Information
Allocation Distribution
- Category Score
- 68.88out of 100
- Percentile
- Top 50%
Allocation Distribution Indicators
Distribution Fairness
Distribution Fairness Benchmarks
Deviation from Best Performers
- Category Score
- —out of 100
- Percentile
- —
Governance Indicators
Token Power
- Category Score
- 57.91out of 100
- Percentile
- Top 36%
Inflation Indicators
Emission Type
Inflation YoY
- Category Score
- 78.85out of 100
- Percentile
- Top 25%
Supply Shock Indicators
Emission Type
Monthly Supply Shocks
- Category Score
- 59.99out of 100
- Percentile
- Top 23%
Risk of Dilution Indicators
Circulating Token Supply (YoY)
Vesting Release Schedule
- Category Score
- 67.91out of 100
- Percentile
- Top 69%
Terms and Conditions Indicators
Investor Round Details
- Category Score
- 90.46out of 100
- Percentile
- Top 38%
Valuation Indicators
Valuation Comparison
About Band Protocol
Band Protocol is a leading decentralized oracle platform that bridges real-world data to Web 3.0 through secure, scalable, and blockchain-agnostic technology. At its core lies the $BAND token, a multifunctional utility token essential to the network’s robust tokenomics and long-term sustainability. The $BAND token primarily serves three functions: securing the network through staking, facilitating validator rewards, and acting as the platform's payment medium. Token holders stake $BAND to participate in the network, ensuring data accuracy and security for oracle requests. Validators are rewarded with $BAND tokens in exchange for processing data queries and maintaining the oracle system's integrity. This staking-based economic model encourages active participation and aligns incentives for all stakeholders. Band Protocol differentiates itself by offering high interoperability with multiple blockchains, enabling developers to integrate reliable data into decentralized applications (dApps) on various ecosystems. Its unique economic design ensures cost-efficient and scalable data aggregation from APIs and diverse real-world sources, making it a preferred choice for developers innovating in DeFi, gaming, insurance, and more. Moreover, $BAND's limited fixed supply supports deflationary tokenomics through fee redistribution to stakers and validators, enhancing value over time. The platform’s flexibility and emphasis on decentralization position it as a key infrastructure component for Web 3.0, where access to accurate, real-time data is paramount. Band Protocol empowers developers to build powerful, data-driven dApps that leverage real-world information while maintaining tamper-proof security and efficiency. By integrating $BAND's innovative tokenomics with scalable oracle solutions, Band Protocol remains at the forefront of connecting blockchain technology to practical applications in the real world. Discover how Band Protocol's $BAND tokenomics fuel the decentralized data economy, providing seamless connectivity between smart contracts and real-world information.