Penguin Finance Will Integrate Chainlink VRF to Secure the Penguin Arena Gamified dApp
Penguin Finance Will Integrate Chainlink VRF to Secure the Penguin Arena Gamified dApp.
By integrating Chainlink’s industry-leading decentralized oracle network, Penguin Finance will obtain access to a tamper-proof and auditable source of randomness needed to determine the victors of the Penguin Arena and distribute rewards accordingly. Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as users can enjoy ultra-fast settlement on their actions with peace of mind.
Penguin Finance is an innovative DeFi project on the Avalanche Network. In the last five months, PeFi has managed to build a fully-fledged ecosystem; leveraging on near-instant transactions, paramount levels of decentralization, and low gas fees. Currently, the project offers yield-aggregation, farming, staking, fundraising, and gaming dApps that can’t be found on any other blockchain. The upcoming Penguin Arena will be ground-breaking, marking the first interactive NFT game ever built on Avalanche. By incorporating programmatically, randomly generated Penguin NFTs in a PvP gaming dApp, this DeFi project plans to make history.
This integration will not only power the Penguin Arena but also the Penguin NFTs themselves. Their core stats will be determined in a provably fair fashion along with the result of each duel. Penguin Finance will also leverage Chainlink’s Price Feeds within its Prediction Markets. This enables their users to predict price movements and receive rewards in a vast array of cryptocurrencies.
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 Penguin Finance
Penguin Finance is a platform powered by Avalanche building an innovative set of decentralized applications, financial products, and documentation for both technologically savvy individuals and those with absolutely no knowledge of cryptocurrency.
