This article was first published on Komodo
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Question from Sakata
Why BandChain? Why not utilize resources that are closer to us over at the BPSAA, such as Oracle Pools at Ergo?
The integration with Band Protocol was in the works before Komodo joined the BPSAA. We are not restricted to one oracle provider, so Ergo could be an option in the future. Work is being done to achieve Cosmos compatibility, so the Band integration is beneficial towards that.
Our own oracle tech needs to be matured. Komodo’s DTO solution is currently a proof of concept and not quite production-ready. We’ve been focused primarily on building AtomicDEX the past year. We’re looking forward to maturing this and other Komodo technologies as time goes on. Anyone can come in and use the oracle tech Komodo built, but Band (for example) is focused solely on oracle tech, so we want to use mature tech for production applications.
Why Band Protocol and not Ergo? Band Protocol was extremely easy to integrate, and the dev team was very active in helping. This made it an ideal situation for getting set up.
That being said, we’re not locked to just using Band. Oracles are not exclusionary, and we could easily add Ergo & Chainlink later.
Question from Mylo
Are there any ideas, possibilities, or plans for a feature that would reward users for completing atomic swaps? Example: https://shapeshift.com/rainfall...
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