Chainlink VRF x OpenSwap Integration

Published on: 04.01.2022

Chainlink VRF helps tone ensure fair randomness for OpenSwap’s Bridge Troll NFTs.

Through an integration with the industry-leading decentralized oracle network, Bridge Troll NFTs will now have access to a tamper-proof and auditable source of randomness needed to help ensure community-focused reward distribution system is verifiably unbiased. Ultimately, this will help nurture additional excitement and give OpenSwap users a fraud-proof experience wherein Bridge Troll NFT holders can interact with Troll Camp and the OpenSwap Interchain Protocol in a fair and transparent manner.

“OpenSwap’s Bridge Troll NFTs allow DeFi users to serve as node validators and earn bridge fees upon the release of our single asset cross-chain bridge — Open Interchain Protocol. NFTs with real DeFi utility are hard to come by these days, and our Chainlink VRF integration helps protect the integrity and fairness of this community-focused offering by OpenSwap.”

– Bruce Chau, CEO of OpenSwap

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 OpenSwap

OpenSwap is the world’s first DEX providing on-chain swaps at zero slippage and multi-chain arbitrage opportunities. As the DeFi universe continues to expand, liquidity becomes increasingly scattered across multiple chains and the situation is poised to get worse as new chains emerge with individual DEXs on each chain. The OpenSwap team has been working for the past several months on building up a vision of a comprehensive one-stop DeFi hub that offers the best on-chain pricing, multi-chain arbitrage, and zero slippage, allowing users to experience revolutionary benefits through optimizing their trades through unique features such as Liquidity Queues, Hybrid Smart Router, and Open Interchain Protocol.

📰 INFO

https://openswapdex.medium.com/chainlink-vrf-helps-ensure-fair-randomness-for-openswaps-bridge-troll-nfts-dec11ef3851d

Market Stats:
BTC Dominance: 52.45%(+0.32%/24h)
ETH Dominance: 16.08%(-0.16%/24h)
Defi Market Cap: $109.25B(-12.27%/24h)
Total Market Cap: $2673.56B(+2.89%/24h)
Total Trading Volume 24h: $108.25B(-6.19%/24h)
ETH Market Cap: $430.06B
Defi to ETH Ratio: 25.4%
Defi Dominance: 3.9%
Altcoin Market Cap: $1271.25B
Altcoin Volume 24h: $70.16B
Total Cryptocurrencies: 28733
Active Cryptocurrencies: 9321
Active Market Pairs: 76476
Active Exchanges: 736
Total Exchanges: 8177
BTC: 71288.26$(-0.35%/1H)
ETH: 3580.3$(-0.64%/1H)
AVAX: 54.69$(-0.21%/1H)
BNB: 585.04$(-0.27%/1H)
MATIC: 1.01$(-0.46%/1H)
FTM: 1.02$(-0.8%/1H)
ADA: 0.66$(-0.12%/1H)
DOT: 9.59$(0.05%/1H)
UNI: 12.43$(0.01%/1H)
CAKE: 4.59$(-0.42%/1H)
SUSHI: 1.77$(-0.18%/1H)
ONE: 0.03$(-0.25%/1H)