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BAND $0.1906 up 1.92% Market cap $35.3M

BCIP-21: Governance-Gated Oracle Script & Data Source Approach

Proposal #21 on Band

Band network: Day Nov 3 · Healthy

Typical fee 0.0007 BAND

Overview

Updated

Passed

Voting ended
Aug 11, 2026
Opened Aug 6, 2026
Submitted
Aug 6, 2026
Aug 6, 07:56 UTC
Deposit
1,010 BAND
Type
Text proposal

Proposed by band1xz5zcr3c…edevhq

Votes

  • Yes 69.3M BAND
  • No 0 BAND
  • No with veto 0 BAND
  • Abstain 0 BAND

Description

Context

This is a signaling proposal to gauge community sentiment on gating the creation and editing of oracle scripts and data sources behind on-chain governance on BandChain.

What We're Proposing

Currently, anyone can create an oracle script or data source, and the stored owner can edit it directly. We propose to restrict this — requiring a passed governance proposal for any creation or edit, regardless of who the stored owner is.

Concretely:
  • CreateOracleScript / EditOracleScript will require the governance module account as signer.
  • CreateDataSource / EditDataSource will require the governance module account as signer. The owner field remains intact — it is not removed. However, being the owner no longer grants the ability to create or edit directly.
Purpose

Routing oracle script and data source management through governance ensures every creation and edit is reviewed in the open, decided by the community, and permanently on the record — closing off a path that could become an attack surface.

This is a text proposal. No code changes are activated by passing it. A YES vote signals agreement with the direction, after which a formal upgrade proposal will be submitted to implement the change.

Voting Guidance

  • YES → Support the direction; proceed with a formal upgrade proposal
  • NO → Do not support; adjustments needed
  • ABSTAIN → No strong opinion

Discussion

How validators voted

A validator's vote counts for its delegators unless they vote themselves. Largest stake first.

Voting ended before BitBasic started recording Band votes on Oct 29, 2026, and the chain deletes votes when voting ends.