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MoonEdge is Integrating Chainlink VRF and Price Feeds To Secure Launchpad Allocations

It’s an important day for the MoonEdge team and our community as we proudly announce that we are integrating Chainlink Verifiable Random Function (VRF) and Chainlink Price Feeds to help secure the allocation of user funds for launchpad projects. As the most widely used decentralized oracle network, Chainlink oracles will play a key role in the MoonEdge ecosystem by helping ensure every user is provided an equal chance in participating in launchpad pools and that the exchange rate of user deposits reflects current fair-market prices.

This integration comes at the most opportune moment, as earlier this year, Polygon natively integrated support for both Chainlink VRF — a secure and verifiable random number generator — and Chainlink Price Feeds — proven decentralized price oracles — into their blockchain network. These Chainlink-powered decentralized services are time-tested and battle-hardened, already helping secure tens of billions of dollars in the DeFi ecosystem. They will provide MoonEdge with the suite of solutions needed to build a more engaging and secure launchpad platform.

How Chainlink Technology Supports Polygon dApps

Polygon continues to experience a dramatic rise in the number of dApps launched on its network and Chainlink plays a key role in providing Polygon developers with secure, scalable, and low-cost oracle solutions. Chainlink Verifiable Random Function (VRF) in particular allows developers to access tamper-proof randomness and create provably fair smart contract applications with exclusive user experiences.

This can include randomized NFT loot drops in decentralized gaming or NFT artwork that is randomly generated and distributed to users in a transparent and fair manner. From a user’s perspective, when players know that NFT is generated and distributed in a truly random manner without any type of manipulation, it establishes trust between them and the developer and leads to a long and fruitful relationship.

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