Injective Doubles Down on Strategic Partnership With Band Protocol Through Mutual Node Operations | by Kevin Lu | Band Protocol | Apr, 2021

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Kevin Lu

Injective Protocol, the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi, is expanding its strategic partnership with Band Protocol by operating a BandChain validator node to support the decentralized oracle network. In return, Band Protocol has completed setup for a node on Injective and begun participation in Equinox Staking — Injective’s incentivized staking competition on the testnet in preparation for their upcoming Mainnet.

Previously, Band Protocol alongside Injective, Terra and Mirror Protocol launched the world’s first decentralized stock futures trading for traditional stocks such as Tesla, Airbnb, GameStop, Twitter, Amazon, and more.

The mutual node operation comes in the reinforcement of our strategic partnership where Band Protocol oracles will be integrated into Injective Protocol decentralized stock futures, derivatives and wider DeFi ecosystem.

With the enhanced alignment in interests, Band Protocol looks forward to supporting the Injective ecosystem through secure and scalable decentralized oracle technology. Given Injective Protocol’s strong cohort of Equinox genesis validators and diligent process towards Mainnet launch, we have no doubt in their team’s execution ability and are delighted to extensively collaborate in the long term.

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