Information from oracles is currently used in a massive range of applications, many of which fit squarely into the DeFi niche. The 2 of the most well known blockchain based oracle providers are Chainlink and Band Protocol. Both aim to provide high quality, tamperproof data to smart contracts by using oracles. After all, if the data isn’t reliable or accurate, it probably isn’t much of use to anyone. Gemmy's Twitter: https://twitter.com/GemmyCrypto Gemmy's Instagram: https://www.instagram.com/gemmy_wong_ht/?utm_medium=copy_link 0:00 Introduction 0:45 What is an oracle? 2:13 Key differences between LINK & BAND 3:40 Band Protocol’s Tokenomics 4:44 Chainlink’s Tokenomics 5:40 Why is Chainlink more popular? 6:30 Market Cap Comparison 7:00 Conclusion ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● ? Guides, tutorials and insights: https://boxmining.com/ Recommendation List: https://www.cryptoatlas.io/Boxmining ?Buy & Sell Bitcoin: https://join.swissborg.com/r/michaeOQZM ?Hardware Wallet: http://boxmining.co/ledger ??Brave Browser: http://boxmining.co/brave ?FTX Exchange (Intl)-10% off all trades: http://boxmining.co/ftx ?FTX Exchange (US)-10% off all trades: https://ftx.us/home/#a=boxmining ?Binance Exchange : http://boxmining.co/binance ●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬● Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ Boxmining News Website: https://www.boxmining.com/ Telegram Group: https://t.me/BoxminingFam ●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬● Twitter: https://twitter.com/boxmining Discord: https://discord.gg/9qCpqpZm8G Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.