Aloha x Chainlink VRF Integration

Published on: 13.10.2021
Aloha x Chainlink VRF Integration

Aloha — an all-in-one DeFi platform — has integrated Chainlink Verifiable Random Function (VRF) on Polygon mainnet.

By integrating the industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to select winners from Aloha’s upcoming raffle and giveaway events. Ultimately, this creates a more exciting, transparent, and fraud-proof user experience, as users can participate knowing that the selection of winners will be completely impartial.

Aloha is a comprehensive DeFi platform with a focus on NFTs and staking. Built on Ethereum and powered by scaling solution Polygon, users can use their NFTs to stake, govern, and participate in contests, all of which reward them for their participation. The platform also plans to onboard merchants with its Aloha 4 Business module.

“Chainlink VRF was seamless to integrate, providing our platform with access to an on-chain source of randomness that anyone can audit to prove that’s it’s tamper-proof,” commented Martin (X), Founder of Aloha DeFi. “Ultimately, integrating Chainlink VRF will help further a more transparent and fair platform experience for users participating in our community games and events.”

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

About Aloha

Aloha is a DeFi platform that offers a suite of interconnected features to its users. These features, which include limited edition NFTs and a staking platform, and a soon to be launched DEX. At the heart of the whole ecosystem are ALOHA NFTs, which can be used for governance, staking, and as playable tokens in an upcoming game.

📰 INFO

https://alohadefi.medium.com/aloha-integrates-chainlink-vrf-to-fairly-select-winners-of-raffles-and-giveaways-422c4905107f

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