RSGP.finance Will Integrate Chainlink VRF to Secure Randomized Gameplay On-Chain
We’re excited to announce that RSGP.finance — a nostalgic Old School RuneScape-inspired NFT-gamified yield farming platform — will integrate Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain. By integrating Chainlink’s industry-leading decentralized oracle network, we can obtain access to a tamper-proof and auditable source of randomness needed to generate the outcome of opening NFT-based chests. Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as users can be assured the given rewards and outcomes of events are verifiably random and cannot be modified by other parties.
RSGP is an upcoming Old School RuneScape (OSRS) inspired, NFT gamified yield farming platform on the Binance Smart Chain, that allows users to maximize yield farming by the use of NFT-based gamification. Users can securely stake their liquidity, earn the platform’s RSGP tokens in return and obtain iconic rare items in the form of a randomly minted NFT by opening chests. Obtained NFT’s can be applied to users’ staked liquidity to increase their yield farming rewards and reduce lock time, as well as traded freely, user-to-user, on the internal marketplace known as the ‘Grand Exchange’. The platform will continue to expand, as each new phase will see new added gameplay mechanics — inspired by the game many still play or played during their childhood.
RSGP will have a public pre-sale, which will be announced along with more information through their social platforms as well as the website, once it’s getting closer to release. Make sure to keep an eye out.
In order to guarantee transparent and provably fair randomness with no chance of predictability, 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 users with definitive proof about the integrity of the process.
After reviewing various solutions, we selected Chainlink VRF because it’s based on cutting-edge academic research, supported by Chainlink’s time-tested oracle infrastructure, and secured through the generation and on-chain verification of cryptographic proofs that guarantee the integrity of each random number supplied to smart contracts.
Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The RSGP smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides our users with automated and verifiable assurances directly on-chain that each situation using Chainlink VRF for randomness is provably fair and cannot be tampered with by the oracle, outside entities, or the RSGP.finance team.
“The moment we knew we needed a transparent and secure way of bringing randomness to the platform, it took not long to decide we wanted to integrate Chainlink VRF. By integrating Chainlink VRF in our gameplay mechanics, anyone including users can verify and prove that when we use randomness on the platform, it is done in a way that makes it impossible to be tampered with by any user or party”, said the co-founder of RSGP.
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
Chainlink is trusted by hundreds of organizations, from global enterprises to projects at the forefront of the blockchain economy, to deliver definitive truth via secure, reliable oracle networks. To learn more about Chainlink, visit chain.link, subscribe to the Chainlink newsletter, and follow @chainlink on Twitter. To understand the full vision of the Chainlink Network, read the Chainlink 2.0 whitepaper.
RSGP.finance is a nostalgic Old School RuneScape (OSRS) inspired, yield farming platform with NFT gamification on the Binance Smart Chain. Users can earn RSGP tokens, obtain classic and unique rare items in the form of an NFT, that all can be used to maximize rewards on the platform or traded on the marketplace.