MoonEdge x Chainlink VRF and Price Feeds Integration

Published on: 20.09.2021
MoonEdge x Chainlink VRF and Price Feeds Integration

MoonEdge is integrating Chainlink Verifiable Random Function (VRF) and Chainlink Price Feeds to help secure the allocation of user funds for launchpad projects.

As the most widely used decentralized oracle network, Chainlink oracles will play a key role in the MoonEdge ecosystem by helping ensure every user is provided an equal chance in participating in launchpad pools and that the exchange rate of user deposits reflects current fair-market prices.

This integration comes at the most opportune moment, as earlier this year, Polygon natively integrated support for both Chainlink VRF — a secure and verifiable random number generator — and Chainlink Price Feeds — proven decentralized price oracles — into their blockchain network. These Chainlink-powered decentralized services are time-tested and battle-hardened, already helping secure tens of billions of dollars in the DeFi ecosystem. They will provide MoonEdge with the suite of solutions needed to build a more engaging and secure launchpad platform.

“We’re excited to be integrating Chainlink oracles into the MoonEdge ecosystem to help ensure that the Tier X allocations are provably fair to all participants”

— the MoonEdge team.

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.

MoonEdge is the first decentralized launchpad that supports early-stage blockchain projects on Polygon. The goal with every project support is to maximize their potential and provide them with the proper guidance to help facilitate fundraising and token distribution. Their stringent vetting of projects reduces the risk of rug pulls and/or scams, creating a safe ecosystem for users and developers alike.

📰 INFO

https://moonedge.medium.com/moonedge-is-integrating-chainlink-vrf-and-price-feeds-to-secure-launchpad-allocations-3ec7173723c7

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