#PowerPool's vision is crystal clear: the Future of #DeFi and #Web3 will be Fully Automated with #PowerAgent!
Get ready to say goodbye to manual actions and embrace seamless #automated #onchain flows!
Let’s dive deeper into the basis of this #vision! 🧵👇
1/ In just three years, #dePIN networks like #PowerAgent will revolutionize how transactions are handled.
Users will witness a shift from manual actions to seamless #automated #onchain flows!
2/ As we enter the next phase of #Web3, users, #AI agents, and protocols will generate an increasing number of flows and intent-based #strategies.
The growing user base demands convenience, and #automation is the name of the game!
3/ As a result, we envision “#Transaction Signing as a Service” #dePIN #networks will be the primary consumers of #block space and the driving force behind #transactions in the near future.
4/ #PowerPool’s #PowerAgentV2 network is designed to empower this #automated future, offering a #decentralized, #reliable, and #permissionless service for user flows and intents, #AI-#agents, protocols, and #dApps.
5/ Get ready for a paradigm shift towards #automation in #DeFi and #Web3 with #PowerPool #DAO leading the way!
Join us on this journey towards a more #automated, collaborative, and user-centric experience!
6/ Learn more about #PowerPool’s vision for #automation with its #PowerAgent:
🔗 Join Us on your favorite platforms and never miss an update: https://link3.to/powerpoolcvp
Stay connected and updated with all things #PowerPool across our diverse social media channels. Engage with us on your favorite platforms and be a part of the revolution in #DeFi & #Web3 automation!
Follow & Join PowerPool Socials on:
- X - Telegram - Discord - CMC Community - DeBank - Medium - YouTube - Binance - Phaver - Hey - Farcaster - link3
Let's build the future of decentralized finance together! 💪
What makes automation essential in the evolving Decentralized Finance and Web3 landscapes?
✅ Advanced Protection: Modern #DeFi primitives are evolving to better protect investors, necessitating increased #automation for seamless operation.
✅ Open-Source Strength: #PowerAgent’s #opensource nature ensures rigorous scrutiny, making it a highly reliable and #secure automation solution compared to #private keeper bots.
✅ Community #Audits: Being open-source, #PowerAgentv2’s code is continually examined and refined by a wide array of protocols and auditors.
✅ Shared Resilience: The collaborative effort results in a robust and hardened code base, enhancing the security and reliability of automated processes in #DecentralizedFinance.
✅ Ecosystem Trust: Open-source #transparency builds trust as multiple stakeholders can verify and contribute to the code’s integrity.
✅ Enhanced Efficiency: Automation not only secures but also streamlines DeFi and #Web3 operations, ensuring smooth and efficient execution of complex strategies.
#PowerAgentV2 abstracts complexities of efficiently using #DeFi to the max!
With “#Transaction Signing as a Service," users can now easily harness the full potential of DeFi, all while enjoying the seamless UX of #autonomous flows!
Users no longer need to manually monitor on-chain conditions or run centralized bots to benefit from perfectly timed transactions.
Here’s how it works:
You simply set up a Job in the #PowerAgent network: - Define specific conditions for execution - Tailor the Job exactly to your needs - Watch the #automation magic happen
The network’s #decentralized set of Keepers handle the rest!
A Keeper is automatically assigned by #PowerAgent to vigilantly monitor the task and execute it precisely at the right moment.
Should a Keeper fail, another Keeper will swiftly slash him, simultaneously executing the task instead.
Carefully designed #crypto-economic incentives ensure reliability of Job execution for all users!
By streamlining #DeFi, #PowerAgent frees up valuable time for users to concentrate on strategic decision-making, rather than getting bogged down in routine tasks.
Experience the future of DeFi optimization through #autonomous flows by PowerAgent v2!
Vasily Sumanov - ‘We categorize Job-owner client projects into two main types with PowerAgent’:
✅ Projects with Built-in Automation Needs: Projects designed from the outset with automation integrated into their core operations. These projects require automated actions to meet their product requirements.
✅ Projects Building on Top of Others: These are more widespread and require automated actions on top of existing projects. They leverage automation to enhance or support their functionalities.
🔗 PowerPool Compatibility: Any project that needs automated services is a perfect match for PowerPool, ensuring efficient and seamless operations.
We're excited to deepen our presence within the #Warpcast. Connect with us on #Farcaster to stay updated on all things #PowerPool and #DeFi #automation.
We're excited to expand our reach within the Lens Protocol with Hey! Join us on #Hey to stay informed about all things #PowerPool and #DeFi #automation.
🔗 Follow us on Hey and be part of the #Web3 revolution: https://hey.xyz/u/powerpool
We're thrilled to expand our presence within the #Lens ecosystem. Connect with us on #Phaver to stay updated on all things #PowerPool and #DeFi #automation.
🔗 Follow us on Phaver and be part of the revolution in decentralized finance: https://app.phaver.com/gTsBmU6M5viyiuoB7
The #PowerAgentV2 “Transaction Signing as a Service” tool was designed to ensure maximum #security and #reliability, offering users a seamless experience for executing their #onchain workflows.
Here's a breakdown of how the #PowerAgent #dePIN network guarantees security:
- Jobs are executed by #decentralized sets of Keepers, incentivized to execute tasks accurately and without any malicious intent, ensuring a trustworthy environment for all #transactions.
- The system employs built-in random Keeper selection coupled with #automated slashing mechanics that #safeguard Job owners and make it virtually impossible for bad actors to collude or target specific Jobs.
- Extensive code #audits have been conducted, uncovering no #security vulnerabilities or risks of #smartcontract abuse.
- Through ongoing testing, #PowerPool and its partners proactively address potential abuse scenarios and #security loopholes, instilling confidence in the integrity and safety of #PowerAgent.
- #Audit firms like #MixBytes and #Pessimistic are consistently engaged in auditing #PowerPool #contracts, ensuring that the platform adheres to the highest #security standards.
- For an understanding of the #security protocols in place, you can review their detailed security #audit reports: https://docs.powerpool.finance/powerpool-and-poweragent-network/security/security-audits
Why did PowerPool decided to focus on generalized, #multichain #decentralized network automation?
✅ Longstanding Expertise:
#PowerPool is an established protocol in the #DeFi space, active since 2020.
Over the years, we’ve launched several vaults and baskets with earlier versions of #automation and the first version of #PowerAgent Automation Network (v1).
🔗 Addressing EVM Limitations:
✅ The Need for External Agents:
The #Ethereum Virtual Machine -#EVM- cannot initiate execution on its own; it requires an external Agent or Keeper to start processes.
🛡️ Building Trustworthy Automation:
✅ Focusing on #Decentralization:
We are committed to creating the best, most decentralized, and trustworthy automation network.
Unlike other automation solutions that may not be considered trustworthy, #PowerAgentv2 is designed to operate with integrity and reliability.
✅ Expanding Keeper Network:
Our goal is to recruit an increasing number of Keepers to ensure the #robustness and trustworthiness of the PowerAgent v2 #network.
This approach allows us to solve the unsolved problem of generalized, multichain #decentralized network automation.
Exciting news! We're thrilled to announce the newest round of $CVP #airdrop for our #Testnet Keepers.
We're once again rewarding the top 30 most active and high-performing #PowerAgentv2 testers on #GnosisChain and #Sepolia with $100 CVP each for their outstanding performance on May 6th - 12th.
Get all the transaction details here: https://etherscan.io/tx/0x134d0999982bc3707d39a1472ae21306527b4d2647f35ab5298cf9ed1253e23b
A massive shoutout to our incredible community for their unwavering support and priceless contributions to #PowerPool!
#PowerAgentV2 has been developed to address the need for trustworthy, reliable, and cost-effective #automation of a wide range of user-submitted #onchain flows.
How exactly? Let’s discover together! 🧵👇
1/ With a focus on optimizing user experience and minimizing costs, #PowerAgent offers a unique "#Transaction Signing as a Service" solution that empowers users to streamline their operations in an #efficient way!
2/ Here's why #PowerAgent stands out as the go-to choice for automating your #DeFi workflows 👇
3/ Low gas consumption:
Thanks to meticulous code optimizations, #PowerAgent has lower #gas consumption compared to other automation solutions, saving users valuable resources.
4/ Customizable execution costs:
Job-owners have the flexibility to fine-tune the balance between the cost of execution to their specific requirements by selecting the Keepers' stake range.
5/ Protection from gas spikes:
Users can create Jobs with maximum acceptable #gas prices, ensuring that low-value tasks are not executed during gas spikes. This level of flexibility guarantees efficient utilization of resources at all times.
6/ Join the #automation movement with #PowerPool and experience the future of #DeFi workflows firsthand!
7/ Learn how to create your first Job in #PowerAgent today: https://medium.com/powerpool/introduction-to-job-creation-and-automation-with-powerpool-0a22d9989d39