Leonicorn Swap Integrates Chainlink VRF for Fair Lucky Draws
LeonicornSwap announced that it is integrating Chainlink VRF for accessing fool-proof sources of randomness within lucky draw games and NFT prize boxes. The final result will be a highly transparent and fair method of selecting winners and dispersing random prizes using on-chain games, all of which can be publicly audited.
Chainlink was chosen because it is a well-established oracle infrastructure in operation, with a track record of securing billions in on-chain value. Chainlink also acts as the blockchain agnostic, with native integration across a variety of blockchains – a key feature for the extension of the AMM platform across Solana, Avalanche, and other blockchains.
Chainlink VRF generates random numbers and cryptographic proof by mixing block data that is still unknown when the request is made with the oracle node’s pre-committed private key. If the Leonicorn smart contract has valid cryptographic proof, it will accept the random number input, and the cryptographic proof will exist when the VRF procedure is tamper-proof. It will help users automatically verify that Leonicorn Swap fortunate drawings and surprise NFT box openings are pretty fair and not manipulated by the oracle.
Mofassair Hossain, the CEO of Leonicorn Swap, said that the finest and most proven option for bringing transparency to their NFT prize boxes along with a lucky draw was Chainlink VRF. The integration and offloading of work from the development team went smoothly.
Chainlink is a standard for creating, accessing, and selling oracle services required to run hybrid smart contracts. Smart contracts may connect with external API and use safe off-chain calculations to provide feature-rich apps, thanks to Chainlink oracle networks. Chainlink protects billions across DeFi, gaming, and other vital industries and offers a global gateway for blockchains to companies and top data suppliers globally.
About Leonicorn Swap
The Leonicorn Swap decentralized exchange (DEX) is based on the Binance Smart Chain (BSC). Decentralized exchanges bring new and sophisticated features to the cryptocurrency market, allowing our users to win tokens. Two significant aspects are operating on the Automated Market Makers (AMM) methodology and having a non-fungible token (NFT) marketplace.