Recharge Finance Will Integrate Chainlink VRF

Published on: 11.08.2021

Recharge Finance Will Integrate Chainlink VRF to Secure Recharge Zap Reward Contracts.

By integrating Chainlink’s industry-leading decentralized oracle network, Recharge Finance will obtain access to a tamper-proof and auditable source of randomness needed to ensure that our new Zaps smart contract is being fed truly random inputs to allow trustless verifiable random reflections. Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as users can rest easy knowing that the rewards are being determined with authenticity and integrity.

With Recharge Zaps, RCORE holders will be eligible for a random draw to receive an airdropped portion of the bridge tokens at specified intervals. RCORE is pegged 1:1 with R3FI, but with the rewards diverted to the Reactor to fuel the platform’s development and secondary experimental rewards systems.

These winners will be selected automatically by a smart contract that communicates with the Chainlink VRF Oracle to determine the winners.

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.

About Recharge.Finance

Recharge Finance is a yield farming ecosystem built around frictionless yield cross chain reflection technology. The token technology works by automatically distributing a portion of every transaction to all holders. This token mechanic powers a larger DeFi ecosystem, with the token reflections acting like a supercharger in an engine, giving new momentum to Recharge’s offerings.

R3FI tokens are multichain assets with their native bridge, allowing 1:1 swaps between Ethereum and BSC, with Polygon being added soon. Recharge is dedicated to bringing innovative DeFi offerings to its holders and into the Recharge ecosystem wherever available, with the next exciting offering being Zaps!

➡️Source
https://medium.com/r3fi/recharge-finance-will-integrate-chainlink-vrf-to-secure-recharge-zap-reward-contracts-87566185e17b

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