COTI, a main privateness‑centered blockchain platform, this day launched the a success integration of Band Protocol’s oracle service on its mainnet, enabling decentralized capabilities to gain admission to encrypted, precise‑time facts feeds with institutional‑grade privateness.
Oracles lie at the coronary heart of DeFi and Web3 ecosystems, bridging on‑chain capabilities with off‑chain facts comparable to mark feeds, weather facts, and extra. By integrating Band Protocol, COTI now offers builders a seamless advance to incorporate interior most, tamper‑proof facts feeds into their dApps—important for building compliant, endeavor‑ready solutions.
We’re now live to issue the tale the COTI Mainnet!
It’s been a pleasure participating with @COTInetwork, and we’re excited to impress the next wave of dApps that will commence on this mighty, privateness-centered network.
Open using Band on COTI this day: https://t.co/cI0AzlDqMo pic.twitter.com/gr0G0z2ihS
— Band Protocol (@BandProtocol) April 11, 2025
Encrypting Oracle Feeds for Institutional Adoption
COTI’s irregular privateness layer enables Band Protocol to encrypt its Now not unique Dataset sooner than it’s printed on‑chain, safeguarding restful facts from malicious actors. This cease‑to‑cease encryption ensures that handiest licensed neat contracts can decrypt and appreciate the facts, a feature that addresses one in every of the wonderful hurdles for establishments pondering Web3 deployments: facts confidentiality.
With the Band Protocol integration, COTI builders can now, with honest correct a few clicks, subscribe to live mark tickers for main sources—$COTI, $BTC, $ETH—and tailor them to their needs. Key parameters embrace:
- Change Frequency: From sub‑minute intervals to hourly updates.
- Deviation Thresholds: Situation off feeds handiest when mark actions exceed role bounds, balancing mark with facts freshness.
This flexibility empowers groups to optimize oracle utilization, reducing on‑chain gasoline costs whereas placing forward the precision required for refined DeFi suggestions.
Constructing a Privateness‑First Web3 Ecosystem
Whereas Band Protocol is simplest acknowledged for its oracle capabilities, the collaboration with COTI reveals a broader vision: interoperable, depraved‑chain facts flows protected by privateness. By combining Band’s depraved‑chain oracle framework with COTI’s privateness‑on‑seek facts from, builders can securely transfer facts between EVM and non‑EVM networks, fueling exercise cases from prediction markets to Web3 gaming.
One of many main beneficiaries of this integration is Carbon DeFi, an advise‑e book‑trend decentralized alternate built by Bancor. Carbon DeFi’s backtesting instrument leverages Band Oracle to get precise‑time token prices on COTI, guaranteeing merchants can model and stop suggestions with self perception in the facts’s integrity. By relying on Band’s gain endpoints, Carbon DeFi enriches its interface with up‑to‑the‑second market facts—important for dynamic procuring and selling facets comparable to computerized advise placement and technique optimization.
Band Oracle V3 on the Horizon
Constructing on this day’s milestone, Band Protocol has already deployed its Oracle V3 on COTI’s testnet. The imminent Mainnet upgrade—slated for release by the tip of Q2—promises:
- Sooner Data Start: Reduced latency for mission‑important feeds.
- Lower Expenses: Streamlined structure to diminish gasoline consumption.
- Enhanced Customization: More granular adjust over feed parameters and new facts forms.
Whereas Band Oracle V3 rolls out, COTI’s ecosystem stands to please in the attend of an grand extra robust, mark‑efficient oracle infrastructure—cementing its disclose at the forefront of privateness‑first Web3 pattern. By turning in snappy, legit, and tamper‑proof facts feeds, Band Protocol empowers builders to create the next generation of DeFi, gaming, and Web3 capabilities.
