Proposal for Deployment of Nois-randdrop Contract on Osmosis
Dear Osmosis community,
We are thrilled to present a proposal for the deployment of a nois-randdrop contract on the Osmosis chain, enabling the random distribution of NOIS tokens to the Osmosis stakers from an Osmosis snapshot.
Randomness has always been a challenging problem in the blockchain ecosystem. Many applications, including gaming, governance/election sortition, and various decentralized finance (DeFi) platforms, heavily rely on trustworthy and unbiased sources of randomness. However, achieving true randomness in a transparent and secure manner within a distributed network has proven to be a complex endeavour.
Nois, a Cosmos SDK based appchain, brings a novel solution to this problem. It offers a robust infrastructure to bring randomness generated by Drand on chain then distributes it across the Cosmos ecosystem through IBC. Nois acts as a reliable oracle for randomness. Nois can offer the randomness beacon to any IBC+CosmWasm enabled blockchain, and it serves as a valuable resource for Dapp developers requiring randomness.
After launching an randdrop for 4 chains where randomness is already being used, Nois would like to make the next round of randdrops and distribute 4% of its total supply to the 4 next blockchains including Osmosis. In order to do this we would like to store and instantiate the nois-randdrop and nois-proxy contracts. The randdrop contract will hold the NOIS tokens to be claimed by the Osmosis community and it will fetch the unpredictable, unbiased and publicly verifiable randomness from Nois (through the proxy/outpost) to conduct the randdrop.
More about the previous Randdrops here Randdrop of NOIS to Juno, Stargaze, Injective and Aura stakers
The randdrop contract source code is here: https://github.com/noislabs/nois-dapp-examples/tree/v0.6.0/contracts/randdrop
You can check the project here https://nois.network
Nois is a L1 blockchain that brings randomness accross IBC and would like to airdrop $NOIS tokens to the osmosis stakers.
Katarina | Cofounder at Nois Network