About the Signaling Hub category

With the introduction of Band V.3’s new feature, Permissionless Governance (Signaling Hub), we aim to establish a community-driven process for deciding which data feeds will be supported, accommodating up to 1,000 symbols.

To ensure proper support for the listed symbols, the following steps will be implemented:

  1. Submit a BSHP (Band Signaling Hub Proposal):
    1. Proposals must be submitted to this forum to list symbols on the signaling hub, adhering to the following criteria:
      1. The symbol must maintain an average market capitalization of at least 50 million USD past 24hr.
    2. Support by At least 3 data sources
      1. Approved data sources include:
        • Binance
        • Bybit
        • Coinbase:
        • Coingecko
        • Coinmarketcap
        • HTX
        • Kraken
        • OKX
  2. Initial Review by the Band Core Team:
    1. During the first phase, the Band Core Team will evaluate the submitted proposal.
    2. If approved, the proposer must submit a Pull Request (PR) to the registry repository on GitHub.
  3. Signaling Hub Voting:
    1. Once the PR is approved, the community will vote on the signaling hub for the proposed symbols.
  4. It’s now live on BandChain!