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Showing posts with the label Chainlink

Crabada Uses Chainlink VRF and Keepers to Help Secure and Automate Daily Lucky Draws

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In June, plans to integrate Chainlink Verifiable Random Function (VRF) and Chainlink Keepers on Avalanche mainnet were announced. This integration is now live, and Chainlink is now helping to secure and automate our Lucky Draws! Anyone can now enter Crabada’s Lucky Draw, giving them the opportunity to win a Crabada NFT daily! 344 Crabada will be drawn over the coming 344 days, featuring 36 Genesis Crabs, 36 Pure Crabs, and 272 Mixed Crabs. In order to help select winners in a verifiably random and provably fair manner, we are using Chainlink VRF as our go-to random number generator (RNG) solution for our Lucky Draws. By supplying cryptographic proofs, Chainlink VRF helps ensure that the randomness is generated and supplied on-chain in a tamper-proof manner, leading to provably fair and unbiased outcomes for players. This means that no one can tamper with the process nor predict the results of the draw. This ensures that every participant has a fair and equal chance of w... Sou...

Crabada Uses Chainlink VRF And Keepers To Help Secure And Automate Daily Lucky Draws

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This integration is now live, and Chainlink is now helping to secure and automate the Lucky Draws. By supplying cryptographic proofs, Chainlink VRF helps ensure that the randomness is generated and supplied on-chain in a tamper-proof manner, leading to provably fair and unbiased outcomes for players. This means that no one can tamper with the process nor predict the results of the draw. This ensures that every participant has a fair and equal chance of winning a Crabada NFT in each of the draws. Additionally, to facilitate these draws so that they are as seamless as possible, Chainlink Keepers was integrated. Like all on-chain solutions, the smart contract used in the Lucky Draw is not able to “trigger” its own functions, meaning they require an external entity to start and end each round of the Lucky Draw. Using Chainlink Keepers — a secure, decentralized, and highly reliable smart contract automation service — to help call these functions, the process of starting ... Source ...

Crabada Uses Chainlink VRF And Keepers To Help Secure And Automate Daily Lucky Draws

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This integration is now live, and Chainlink is now helping to secure and automate the Lucky Draws. By supplying cryptographic proofs, Chainlink VRF helps ensure that the randomness is generated and supplied on-chain in a tamper-proof manner, leading to provably fair and unbiased outcomes for players. This means that no one can tamper with the process nor predict the results of the draw. This ensures that every participant has a fair and equal chance of winning a Crabada NFT in each of the draws. Additionally, to facilitate these draws so that they are as seamless as possible, Chainlink Keepers was integrated. Like all on-chain solutions, the smart contract used in the Lucky Draw is not able to “trigger” its own functions, meaning they require an external entity to start and end each round of the Lucky Draw. Using Chainlink Keepers — a secure, decentralized, and highly reliable smart contract automation service — to help call these functions, the process of starting ... Source ...

Degis Integrates Chainlink Price Feeds To Help Secure Token Price Settlement Product

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We’re excited to announce that Degis — the next generation all-in-one DeFi insurance protocol — has integrated Chainlink Price Feeds on Avalanche mainnet. By integrating the industry-leading decentralized oracle network, Degis has access to high-quality, tamper-proof price feeds needed to settle the final results of token price policies. This will provide our users with stronger assurances that the final results of policies are accurate and reliable, and sourced in a decentralized and trust-minimized manner to continuously arrive at a fair-market price. Our initial integration involves the use of various Chainlink Price Feeds. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such a.....

EverRise Integrates Chainlink Price Feeds Across Multiple Blockchains

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We are excited to announce that EverRise, a multi-chain security protocol, is integrating Chainlink, the industry-leading decentralized oracle, into multiple aspects of the EverRise ecosystem—starting with the integration of Chainlink Price Feeds for Ethereum, Binance Smart Chain, Polygon, Avalanche, and Fantom mainnets. With this integration, EverRise has access to high-quality, tamper-proof price feeds that supports the following functionalities: Calculating cross-chain gas feesProviding users real-time prices for conversions throughout the dApp ecosystemUpdating a full stats page to quickly monitor the RISE token across all blockchains Our initial integration involves the use of the following Chainlink Price Feeds: ETH, BNB, MATIC, AVAX, and FTM. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink secures leading DeFi protocols responsible for tens of billions of dollars in... ...