BCIP-5: Enable IBC Transfer Official Proposal

Now that BCIP-4 has passed to enable the IBC Oracle feature, expanding the use case of Band in other IBC-compatible chains, we are excited to share that the core Band Protocol development team has submitted a new BandChain Improvement Proposal (BCIP-5) to propose enabling token transfer through IBC and updating the historical_entries parameter to allow … Read more

BCIP-4: Enable IBC Oracle Official Proposal

With the recent successful launch of BandChain Phase 2, Laozi, we are ready to enable one of our key features of the upgrade: IBC. We are excited to share that the core Band Protocol development team has submitted a new BandChain Improvement Proposal (BCIP-4) to propose enabling the oracle requests through IBC. If this proposal passes, … Read more

BandChain Phase 2: Successful Mainnet Launch

Band Protocol has successfully launched BandChain Phase 2 on the Mainnet, upgrading from GuanYu to Laozi which supports streamed revenue for data providers and IBC integrations. The BandChain Phase 2 upgrade enhances all facets of the decentralized oracle network to consistently provide reliable external information to the rapidly growing demands of blockchain applications, decentralized finance, … Read more

BCIP-3: BandChain Laozi Mainnet Official Upgrade Proposal B

With the launches of the Laozi Testnet #1–4 and stable network performance over the past months, we are ready to move on to the final step before the launch of BandChain Phase 2. We are excited to share that the core Band Protocol development team has submitted a new BandChain Improvement Proposal B (BCIP-3) to … Read more

BandChain Laozi Mainnet Upgrade — Post-Mortem

BandChain Laozi Mainnet Upgrade — Post-Mortem TL;DR: Our oracle remains active and secure, no partners were affected, and no funds were affected. The Mainnet launch of BandChain Phase 2 will have a revised timeline as the team eliminates the issue moving forward. Summary On Wednesday July 13 11:02 UTC, the Band Protocol team along with the public validators … Read more

BCIP-2: BandChain Laozi Mainnet Official Upgrade Proposal

With the success of the Laozi Testnet #1 upgrade and stable network performance over the past months, we are ready to move on to the final step before the launch of BandChain Phase 2. We are excited to share that the core Band Protocol development team has submitted a new BandChain Improvement Proposal (BCIP-2) to … Read more

BandChain GuanYu Testnet #4: Laozi Testnet #1 Launch & How to Join as a Validator

Road to Phase 2: Guanyu Testnet #4, Validator Setup and Migration Timeline Since our successful mainnet upgrade of the GuanYu version, our community has grown in both validators and developers alongside an exponential increase in the number of oracle requests signifying a rapid increase in adoption. Our next step in the Band Protocol journey is … Read more