SAFERmoon Integrates Chainlink VRF

Published on: 22.07.2021

A utility-focused, audited static rewards token on the Binance Smart Chain, SAFERmoon announced integration with Chainlink VRF to Secure the SAFER Summer Celebration

SAFER Summer is arriving soon and looking forward to six weeks of incredible prizes that includes a laptop computer, a vacation to the Maldives, a Lamborghini, and a literal trip to space aboard a consumer spaceflight service like Virgin Galactic! These are seriously large giveaways, so the SAFERmoon team is taking equally serious measures to ensure the winners are chosen fairly.

SAFERmoon has integrated with Chainlink’s Verifiable Random Function (VRF) on the Binance Smart Chain. By integrating Chainlink’s industry-leading decentralized oracle network, the platform now have access to a tamper-proof and auditable source of randomness needed to select winners for the SAFER Summer giveaway.

This integration ensures that SAFERmoon investors can enjoy the festivities with the guarantee that the prize-selection process will be transparent and fraud-proof.

Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The SAFERsummer smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides their users with automated and verifiable assurances directly on-chain that #SAFERsummer is provably fair and cannot be tampered with by the oracle, outside entities, or the SAFERmoon team.

ABOUT SAFERmoon
SAFERmoon is a utility-focused, audited static rewards token on the Binance Smart Chain. The future SAFERmoon launchpad will allow project owners with any level of technical ability to securely create and launch new tokens on BSC.

ABOUT CHAINLINK
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.

RESOURCES
Medium

Market Stats:
BTC Dominance: 52.85%(-0.54%/24h)
ETH Dominance: 16.98%(+0.60%/24h)
Defi Market Cap: $90.32B(-14.27%/24h)
Total Market Cap: $2381.75B(+2.57%/24h)
Total Trading Volume 24h: $52.08B(-18.74%/24h)
ETH Market Cap: $404.46B
Defi to ETH Ratio: 22.33%
Defi Dominance: 3.6%
Altcoin Market Cap: $1123B
Altcoin Volume 24h: $34.67B
Total Cryptocurrencies: 29436
Active Cryptocurrencies: 9841
Active Market Pairs: 82464
Active Exchanges: 754
Total Exchanges: 8389
BTC: 63914.94$(0.12%/1H)
ETH: 3312.82$(0.4%/1H)
AVAX: 34.9$(0.27%/1H)
BNB: 599.49$(0.19%/1H)
MATIC: 0.74$(-0.18%/1H)
FTM: 0.72$(0.07%/1H)
ADA: 0.47$(0.41%/1H)
DOT: 6.9$(0.16%/1H)
UNI: 8.01$(-0.03%/1H)
CAKE: 2.78$(0.09%/1H)
SUSHI: 1.04$(0.26%/1H)
ONE: 0.02$(0.51%/1H)