$19.02 -1.20%
LINK · 3w

DangerMoon Integrates Chainlink VRF to Securely Select Prize Pool Winners

We’re excited to announce that DangerMoon — where five percent reflection fees are distributed to random lucky winners — has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to select a random entrant in the reflection system to be the lucky winner. Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as users get a fair chance to win an unlimited amount of DangerMoon!

DangerMoon — like SafeMoon, but reflection fees are awarded to a single random address. Buying DangerMoon grants you a never-ending chance to win all future prize pools, and the tokens themselves can appreciate in value.

How it works:

Five percent of every buy and sell is collected into a prize pool. So long as the contract holds LINK, the entire prize pool is distributed to one random lucky holder’s address. If LINK doesn’t exist, the prize pool accumulates until someone chooses to donate LINK to the contract. At most, there can be a payout every 50 seconds until there is no more LINK. Because anyone can donate LINK, the community gets to choose between frequent small payouts or infrequent large payouts! Each payout costs 0.2 LINK, and at least this much must be donated to manually trigger a payout.

Why is Chainlink necessary?:

In order to select a random winner from all of the entrants in our reflection system, we need access to a secure random number generator (RNG) that any user could independently audit. However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions using on-chain data like block hashes can be exploited by blockchain miners, while off-chain RNG solutions like traditional data providers are opaque and don’t provide user...

Continue on
Recent news