Fantom Integrates Chainlink Keepers & VRF
Fantom Integrates Chainlink Keepers & VRF — giving developers access to high-quality price data to power a variety of DeFi applications.
Fantom remains committed to bringing best-in-class smart contract infrastructure to their developer community. This is why they natively integrated Chainlink Price Feeds, giving developers access to high-quality price data to power a variety of DeFi applications. To enable developers to further improve the security and functionality of decentralized applications on Fantom. And now anouncing Fantom Integrates Chainlink Keepers & VRF.
Chainlink Keepers is a decentralized transaction automation service and allows developers to automate any smart contract function using custom triggers. Developers can specify predefined conditions that Chainlink Keepers continuously check, and when those conditions are met, Chainlink Keepers issue on-chain transactions that trigger the smart contract’s functions to execute autonomously.
Chainlink VRF is a powerful solution for Fantom developers needing a highly secure and transparent RNG. Fantom developers can now start using Chainlink VRF to build decentralized applications that leverage verifiable randomness to help secure NFT minting, generate fair in-game outcomes in blockchain games, randomly select governance participants for specific tasks, and a wide range of additional use cases across, DeFi, NFTs, DAOs, and more.
The Benefits of Chainlink Keepers for Fantom Developers
Smart contracts can’t trigger themselves—they need an external entity to trigger on-chain transactions to wake them up. While certain applications such as automated market makers (AMMs) can rely on user transactions to run their embedded logic, many smart contracts need an external entity called a “keeper” to make a transaction when predefined conditions occur. These conditions can include the passage of time, a specific event occurring, complex calculations, and more.
Some of the specific benefits that Chainlink Keepers provide to development teams include:
- Decentralized Execution
- Increased Efficiency
- Enhanced Security
- Reduced Costs
The Benefits of Chainlink VRF
With a wide range of new features based on extensive research and user feedback, Chainlink VRF offers developers a randomness solution that is highly configurable, scalable, and cost-efficient.
Integrating Chainlink VRF provides developers with a range of benefits, including:
- Cost-Efficient Randomness Requests
- Variable Callback Gas Limit
- Multiple Random Outputs in a Single Request
- Subscription Delegation Between Multiple Addresses
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. In addition, their 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. 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 Fantom
Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. Moreover, transactions are confirmed in about 1 second and cost just a few cents. Furthermore, Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.
SOURCE
https://fantom.foundation/blog/chainlink-keepers-and-vrf-now-live-on-fantom/
