On June 10, Avalanche confirmed the integration of two services from Chainlink (LINK), a blockchain oracle platform on its main network which is Chainlink Keepers and Chainlink Verifiable Random Function (VRF). This integration is anticipated to help both Avalanche developers and users by improving application security and functionality.
Benefit from Chainlink integration with Avalanche Network
Chainlink Keepers is a decentralised, cost-effectively, and securely automate smart contract service. Integrating Chainlink Keepers gives Avalanche’s designers a new way to increase the uptime and safety of its smart contract. The connection also helps to reduce burden, reduce time to market, provide additional features, and simplify the user experience. In addition, Chainlink VRF will provide a random number generator (RNG) helpful in multiple decentralized apps (DApps).
The integration will enable the community to benefit from smart contract automation. As a result, the DeFi experience is simplified and the integration will help in automation of various smart contract services such as execution of limit orders, the harvesting of yield from vaults, liquidation of undercollateralized positions etc.
Chainlink Keeper
Chainlink Keeper contributes to these benefits by employing a decentralized network to safely and effectively monitor logic off-chain. When certain circumstances are satisfied, an on-chain transaction to execute a smart contract is begun.
According to Oxtender, a Co-Founder of Crabada, Chainlink’s trust-minimized services are crucial for Web3 gaming initiatives and its automated smart contract services save developers time while offering a tamper-proof source of randomization also.
Chainlink VRF
Avalanche developers will benefit from Chainlink VRF in more than one manner. The Chainlink VRF includes a subscription management software that enables smart contract apps to finance many requests for random amounts with a single token balance that can only be satisfied once. Users can increase the gas callback limit to a maximum of 2.5M gas, allowing them to execute more smart contract logic in a single transaction. It also enables customers to request numerous random numbers in a single transaction, minimizing the cost and response delay. Furthermore, users will be able to finance up to a hundred smart contract addresses with a single subscription amount.
Chainlink has established an industry standard for others to emulate. It is responsible for the functioning of a hybrid smart contract on all blockchains. Oracle services enable customers to connect to any external API and use off-chain calculations while safeguarding billions of dollars from various sectors. Avalanche is a smart contract platform noted for its high speed and low cost.
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