Review on Band Protocol by Umut ERDOGAN
Band of Brother or Protocol ?
Band Protocol Adopts a Token Understanding to Every Community.
To encourage curators and punish bad actors, the value of community tokens must be directly correlated with the quality of that community. It ensures that every curator and follower has great skin in the game. This also reduces attack factors such as 51% attack, coin shedding, bribery, and registry poisoning.
Band Protocol makes it easy to give the ensemble curve with the paste curve. The bonding curve is a smart contract that cuts and burns the coin with the buy / sell function. Fans and curators who want to participate in the community can send the BAND code to the contract and get the community token and vice versa for the sell function. The price of the ensemble token specified in the BAND token is determined by the price curve initially determined in the contract equation. This provides several benefits:
100% Liquidity
Seamless token conversion
Full price transparency,
Awards for early curators, etc.
Where To Buy Band Coin?
You can buy Band right now on binance.
Pros
- Easy trading on binance
- Secure protocol
- Reliable data sources
- High transfer capacity
Cons
- Now its value is falling
- An inexperienced team
