ProjectX Integrates Chainlink VRF

Published on: 18.06.2022
ProjectX Integrates Chainlink VRF

ProjectX Integrates Chainlink VRF Chainlink Verifiable Function , Chainlink Price Feeds, and Chainlink Keepers on Avalanche mainnet.

Helping Secure CompetitionX With Chainlink VRF

ProjectX Integrates Chainlink VRF Keepers leverages a decentralized and transparent pool of Keepers to help provide strong guarantees around secure contract automation, Price Feeds, and Keepers to Help Unlock Advanced Functionality in the ProjectX Ecosystem

Chainlink Price Feeds are the industry standard for decentralized price data, responsible for securing tens of billions of dollars for DeFi protocols across the multi-chain ecosystem. This is because Chainlink Price Feeds feature top-notch security, with multiple layers of data aggregation used to filter outliers and help protect against API downtime, extreme market volatility, and data manipulation attacks via flash loans.

Automating smart contract functions With Chainlink Keepers

Smart contracts are inherently unable to self-trigger their functions, meaning their developers previously had to manually trigger functions (often at peak gas hours) to execute — wasting precious development time and risking possible failure. The team therefore chose to implement Chainlink Keepers to help automate these tasks so that the development team can focus on creating more value for users and building more functionality into ProjectX.

About Chainlink

 Chainlink is presently protecting tens of billions of dollars across the decentralized finance industry, the insurance industry, the gaming industry, and other important industries. Additionally, Chainlink provides a common gateway to all blockchains for global businesses and top data suppliers.
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About Project

ProjectX aims to be a Core Defi Ecosystem providing sustainable, passive income opportunities for all entities.  ProjectX currently has over 470,000 Nodes running and securing the AVAX network

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SOURCE

projectxfinance.medium.com/projectx-integrates-chainlink-vrf-price-feeds-and-keepers-to-help-unlock-advanced-functionality-d1b937b086e4

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