Gravis Finance Will Integrate Chainlink VRF

Published on: 03.08.2021

Gravis Finance, a DeFi ecosystem focused on NFTs, will integrate Chainlink Verifiable Random Function (VRF) on the Polygon blockchain. By integrating Chainlink’s industry-leading decentralized oracle network, Gravis can obtain access to a tamper-proof and auditable source of randomness needed to provide full random generation for their Loot Boxes mechanics of a brand new gamified NFT Farming that they called (A)steroid Mining.

$GRVX token will be a valuable resource that can be mined on asteroids. To be able to mine it, you will need a flagship fast with some cool features, a brave captain, and an experienced first mate.

The ships will be presented in a form of Lootboxes, several NFTs in one box with a certain chance to be of any rarity, the particular type of each card revealed upon unboxing. That’s where the usage of the Chainlink VRF technology is crucial.

In order to provide an absolutely fair and independent loot box gear distribution, Gravis need access to a secure random number generator (RNG) that any user could independently audit.

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 Gravis Finance 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.

Gravis Finance plans to integrate Chainlink technology into its other products and looks forward to more integration. 

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.

ABOUT GRAVIS FINANCE
Gravis Finance is a Defi ecosystem that focuses on NFT. It includes: multi chain DEX, cross-chain bridge, High Yield Auto-farming and NFT Gamification.

RESOURCES
Medium

Market Stats:
BTC Dominance: 56.68%(-0.17%/24h)
ETH Dominance: 12.23%(-0.11%/24h)
Defi Market Cap: $122.7B(+24.02%/24h)
Total Market Cap: $3428.26B(+4.88%/24h)
Total Trading Volume 24h: $149.44B(-5.56%/24h)
ETH Market Cap: $419.62B
Defi to ETH Ratio: 29.24%
Defi Dominance: 3.43%
Altcoin Market Cap: $1485.01B
Altcoin Volume 24h: $96.38B
Total Cryptocurrencies: 32982
Active Cryptocurrencies: 10488
Active Market Pairs: 95340
Active Exchanges: 771
Total Exchanges: 9804
BTC: 98141.3$(0.25%/1H)
ETH: 3478.94$(-0.44%/1H)
AVAX: 40.96$(0.35%/1H)
BNB: 694.06$(-0.26%/1H)
MATIC: 0.53$(-0.68%/1H)
FTM: 0.98$(-0.85%/1H)
ADA: 0.93$(-1.41%/1H)
DOT: 7.5$(-1.35%/1H)
UNI: 14.49$(-1.02%/1H)
CAKE: 2.6$(-0.7%/1H)
SUSHI: 1.66$(1.95%/1H)
ONE: 0.03$(-1.52%/1H)