Figment Networks will provide staking infrastructure services for the decentralized oracle protocol Band Protocol

The decentralized oracle protocol Band Protocol announced a partnership with Figment Networks. Figment Networks will provide staking infrastructure services for Band Protocol, which means that Figment Networks will provide Band Protocol users with staking support for native token Band. In cooperation with Figment Networks, the decentralization and community governance of BandChain will be strengthened, and the business of Band Protocol in North America will be expanded to expand the adoption and use cases of decentralized oracles. Figment Networks is an enterprise-level validator service that currently pledges more than 128 million tokens and provides staking infrastructure for 14 leading blockchain networks, including Tezos, Cosmos, and Polkadot. The founding team of Figment Networks has more than 30 years of experience in Internet infrastructure expansion and software development, invested by two leading blockchain venture capital companies Lemniscap and Prota Ventures. The software developed by Figment Networks includes the staking platform Hubble, which is aimed at token holders and developers and is a real-world compliance and reporting tool.