CUE Protocol is Integrating Chainlink Price Feeds and Chainlink VRF
CUE Protocol is Integrating Chainlink Price Feeds and Chainlink VRF on Binance Smart Chain.
By integrating the industry-leading decentralized oracle network, CUE Protocol will have access to high-quality, tamper-proof price feeds and a verifiably tamper-proof source of randomness, both of which are necessary to running various games and pricing assets on-chain.
CUE Protocol is a gaming and NFT marketplace on Binance Smart Chain that recently launched an IDO launchpad for games and projects looking to create exciting launch experiences alongside CUE’s gaming offerings.
Chainlink Price Feeds:
- NFT MarketPlace V2 — to list NFTs in USD value yet enable payment in BNB based on real-time exchange rates.
- CUE Launchpad — to support participation in different cryptocurrencies
- Luck Draws — to peg the price of tickets to USD
- Prediction Games — to settle markets at expiry
Chainlink VRF:
- Lucky Draws — to select random winners
- Prediction Games — to choose random winners in contests
- NFT MarketPlace V2 — to determine the contents of mystery loot boxes and outcomes of lucky dip minting.
- CUE Launchpad — to distribute allocations to users in IDOs when demand exceeds supply
Chainlink Price Feeds Provide Following Features:
- High-Quality Data
- Reliable Nodes
- Decentralized Infrastructure
- Reputation System
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 Cue Protocol
CUE Protocol is a governance and a community-driven project powered by its own token and Dapp ecosystem including DeFi.
Launched in March 2021, we have brought many things to our community and continue to build our ecosystem with new products and utilities.
The CUE Protocol vision is to create an entire ecosystem of Binance Smart Chain products to allow investors and users to have a great experience in one place.
➡️Source:
https://cueprotocol.medium.com/cue-protocol-integrating-chainlink-ebb86ca778fa
