Miidas NFT Completes NFT Airdrop, Partnership with BNB Chain Coming?

8 January 2023

in BNB

Reading Time: 4 mins read

Smart contract oracle network Chainlink started the new year with new partnerships and services across various aspects of the crypto ecoystem.

Money Flow Automation, NFTs, Database, Year in Review

Dominant smart contract oracle network Chainlink kicked off 2023 the same way it ended 2022 — by building relationships across the Web3 sector.

In this week’s roundup:

Source

Cask Launches Chainlink Top-Ups

Chainlink BUILD program participant Cask Protocol unveiled a new Web3 money flow automation called Chainlink Top-Ups to ensure that protocols using Chainlink Automation and VRF always have an adequate balance of $LINK.

“Cask itself relies upon Chainlink for services such as Automation and Price Feeds. As we looked to increase the reliability and optimization of our protocol, it became clear that we needed a way to top up our LINK balances automatically,” according to a Cask blog post. “While Cask initially built the top-up solution for self-use, it’s now open as a common good available to all web3 builders who rely upon Chainlink services.”

Users can pay for top-ups using stablecoins. Cask supports top-ups on Arbitrum, Avalanche, BNB Chain, and Polygon.

1/ New automation! Chainlink Top-ups. Cask monitors a project’s LINK balance in a given Chainlink service, and when that balance drops below a defined threshold, Cask will automatically swap stablecoins for LINK and deposit it into the Chainlink service. https://t.co/hHbDiKXoh7

— Cask Protocol (@caskprotocol) January 3, 2023

NFT Game on Polygon

Non-Fungible Token (NFT) launchpad and marketplace OnePlanet integrated Chainklink VRF to power Randombox NFT reveals for horse-themed NFT game Derby Stars.

“As an NFT launchpad and marketplace, we’re excited to be using Chainlink VRF. Users are increasingly demanding proof of randomness and Chainlink VRF is the most reliable, secure, and transparent RNG solution in the industry,” OnePlanet CEO Pryce Cho said in a Medium post.

VRF ensured fairness and transparency in the reveal of 1,000 Derby Stars NFTs on Polygon.

“It’s easy to see why Chainlink VRF is the industry-standard RNG. With proofs published on-chain, it helps users verify that our Randombox NFT reveal mechanism is underpinned by verifiable randomness.” Derby Stars Founder/CEO Sean Hahm said.