THELOGICALINDIAN - Cardence Launchpad announces that it is amalgam Chainlink Price Feeds and VRF
Cardence is blessed to advertise that it is integrating Chainlink Price Feeds and Chainlink Verifiable Random Function (VRF) to accompany added functionality to its decentralized presale belvedere and launchpad. Through the awful defended and reliable bazaar abstracts of Chainlink Price Feeds, Cardence will accredit its users to participate in presales application assorted altered cryptocurrencies, while the auditable antecedent of on-chain randomness provided by Chainlink VRF helps ensure fair and cellophane accolade administration and IDO whitelisting.
Integrating Chainlink Amount Feeds will be an important footfall advanced for our ecosystem. Chainlink Amount Feeds are the best broadly acclimated amount answer band-aid in the acute arrangement industry, already allowance defended tens of billions of dollars for DeFi projects on assorted blockchains. For our antecedent integration, we are application three Chainlink Amount Feeds—ETH/USD, BNB/BUSD, and MATIC/USD.
One of the constraints of acceptable presale platforms is that they about acquiesce purchases application alone a distinct asset. For example, on Binance Smart Chain (BSC), one can alone use BNB. Similarly, ETH is Ethereum’s built-in acquittal badge while Polygon’s is MATIC. Cardence is alteration this activating by application Chainlink Price Feeds for defended and absolute crypto-to-crypto conversions at the time of allocation purchases, acceptance us to acquire BUSD, USDT, and USD on their corresponding networks.
The abutting footfall will be to use added amount feeds from Chainlink in adjustment to facilitate cross-chain purchases, such as user-purchases in a BSC presale application ETH.
Chainlink Amount Feeds antecedent abstracts from abundant exceptional abstracts aggregators, arch to amount abstracts that’s aggregated from hundreds of exchanges (both centralized and decentralized), abounding by volume, and bankrupt of outliers and apprehensive volumes.
Chainlink Price Feeds decentralized the abstracts sourcing and abstracts commitment processes, breeding able protections adjoin analytical or anomalies by a distinct or baby set of exchanges, such as beam blast outliers and beam accommodation attacks.
No distinct article can alter with a Chainlink Amount Feed, acceptation Cardence’s users get a abundant added cold assay of amount abstracts because the advice is supplied and evaluated by ample groups of absolute entities. To be specific, Chainlink Amount Feeds are anchored by security-reviewed, Sybil-resistant nodes run by arch blockchain DevOps teams and acceptable enterprises with a able clue almanac for reliability.
In accession to amount feeds, we are additionally amalgam Chainlink VRF—a tamper-proof and auditable antecedent of randomness—to administer activity prizes and airdrops, host defended and honest competitions, and appoint in fair and aloof whitelisting. We plan to actualize an ecosystem area projects can backpack out their association architecture efforts as able-bodied as their presales. Using Chainlink VRF, we are creating a defended and cellophane ecosystem which is absolutely impartial. This will acquiesce us to actualize user accolade portals for administration of airdrops, actualize portals for presale whitelisting activities, and any added action area a absolute antecedent of randomness is appropriate for fair and cellophane selection.
Chainlink VRF works by accumulation block abstracts that is still alien back the appeal is fabricated with the answer node’s pre-committed clandestine key to accomplish both a accidental cardinal and a cryptographic proof. The Cardence acute arrangement will alone acquire the accidental cardinal ascribe if it has a accurate cryptographic proof, and the cryptographic affidavit can alone be generated if the VRF action is tamper-proof. This provides users with automatic and about absolute affidavit anon on-chain that the randomness supplied by Chainlink VRF is provably fair and was not tampered with by the oracle, alfresco entities, or the Cardence team.
“We are admiring to accompany added functionality to our ecosystem by amalgam two awful defended and reliable answer casework from the Chainlink Network,” declared Obaid Ul Ahad, CEO of Cardence. “Chainlink Price Feeds will advice ensure that our users accept constant admission to fair-market barter ante for crypto-to-crypto transactions, while Chainlink VRF establishes a fair alternative apparatus for acrimonious users aural aerial appeal processes.”
Chainlink is the industry accepted answer arrangement for powering amalgam acute contracts. Chainlink Decentralized Answer Networks accommodate developers with the better accumulating of high-quality abstracts sources and defended off-chain computations to aggrandize the capabilities of acute affairs on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in amount for acute affairs beyond decentralized accounts (DeFi), insurance, gaming, and added above industries.
Chainlink is trusted by hundreds of organizations, from all-around enterprises to projects at the beginning of the blockchain economy, to bear absolute accuracy via secure, reliable answer networks. To apprentice added about Chainlink, appointment chain.link and subscribe to the Chainlink newsletter. To accept the abounding eyes of the Chainlink Network, apprehend the Chainlink 2.0 whitepaper. Want to altercate an integration? Talk to an expert.
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Cardence is a Cardano focused multichain decentralized presale belvedere which creates a arguable fundraise ecosystem. It is ablution on BSC, Ethereum, Matic, Cardano, and Solana networks. It is the aboriginal presale belvedere which facilitates associate business of projects, absolution of tokens according to vesting schedule, whitelisting of participants and auto locking of liquidity. Additionally, Dapps like SmartMint and Locker App acquiesce conception of new tokens after autograph any cipher and conception of time bound badge vaults for absolution of tokens according to a vesting schedule.
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