#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:
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
Why is #PowerAgent V2 a game-changer in the #DeFi automation landscape?
✅ Tailored Keeper Selection:
#PowerAgentV2 allows the application of different Keeper selection mechanics tailored to specific Job types.
✅ Risk Management:
Different #automation tasks come with unique risk profiles. For instance, a routine vault harvesting Job differs significantly from a position migration Job in terms of the risks associated with non-execution.
🔗 Optimized Efficiency:
✅ Customized Algorithms:
By applying distinct selection #algorithms, PowerAgent V2 ensures optimal efficiency for each type of Job.
🛡️ Enhanced Reliability:
✅ Minimized Risks:
This approach enhances the #efficiency of automation with minimizing risks, making PowerAgent V2 a robust solution for diverse #DeFi automation needs.
You will learn how this pivotal upgrade will transform #Ethereum, bridging the gap between #EOAs and #SCAs, and enhancing the user experience with the features like sponsored transactions and batch actions over the #Defi within #ETH space!
Get the greatest knowledge about the possibilities and benefits of #EIP-3074, #gas efficiency increase and the #security aspect, and get the idea of it is setting the new standas for the more #automated, user-friendly #Web3 for all.
Don't miss the chance to be a part of the future of #automation on #DeFi revolution by #PowerAgent with us!
Start your day with the power of #PowerAgent! Embrace the future where your #crypto strategies are seamlessly automated, enhancing efficiency and security across the board.
Dive into a world where #PowerPool revolutionizes #Web3 with unparalleled automation.
Join us in leading the charge towards a smarter, more automated future.
🔗 Explore the possibilities with PowerAgent: https://docs.powerpool.finance/powerpool-and-poweragent-network
One of the key reasons - its codebase is completely open source!
The PowerPool #Github Repo is fully open to the community, including all #contracts, node #software, #automation templates, and #infrastructure products!
Users, Client protocols, and their auditors can inspect the #code and conduct testing at any time.
#PowerPool takes pride in its c#odebase and stands by its resilience!
2/ No closed curtains here.
Anyone can peek inside to see the #architecture design, what #smartcontracts are involved, step-by-step task sequences, and #algorithms.
Everything is open for scrutiny!
3/ Community-driven upgrades.
#PowerPool welcomes contributions from the #community to the #node #software, indexing, and #automation templates.
The Repository is open to all #contributions!
4/ This means that the #protocols utilizing #PowerAgent have delved into its inner workings, backed by thorough #audits. It's a robust #codebase you can rely on!
5/ Curious to check it out for yourself?
Find the #PowerPool #codebase on our #GitHub: https://github.com/powerpool-finance
Why is #decentralized automation essential alongside #Layer1 and #Layer2 solutions in the blockchain ecosystem?
✅ Beyond Transaction Tracking:
While Layer1s and Layer2s efficiently record #transactions, they don't execute them, that is highlighting a crucial gap in #blockchain functionality.
✅ Automation Necessity:
Most protocols depend on #automation services to operationalize transactions, a role traditionally filled by #centralized #bots.
🔗 The Role of Decentralized Networks:
✅ From Centralized to Decentralized:
Shifting from 'home-rolled' keeper bots to decentralized networks like #PowerAgent ensures more #robust, unbiased automation.
✅ PowerAgent’s Advantage:
Offers sophisticated, decentralized #autonomous solutions for both automation and offline #computations, enhancing protocol #efficiency and reliability across the #DeFi within Blockchain.
How does #PowerAgent v2 stand out in terms of #gas efficiency on Ethereum?
✅ Optimized Performance:
#PowerAgentv2 is finely tuned to reduce gas consumption, which is crucial on #Ethereum where every bit of efficiency counts.
✅ Keeper Network Operations:
Meticulously designed to minimize gas costs associated with key functions like #Keeper selection, #transaction execution, Keeper gas #compensation, and #automated slashing.
🔗 Comparative Advantage:
✅ Leading in Efficiency:
PowerAgent achieves at least double the gas efficiency compared to competitors, thanks to advanced code #optimization.
🛡️ Cost-Effective #Automation:
✅ Reduced Operation Costs:
Ensures that Job Owners spend less on #network usage, making it economically viable and #attractive for widespread adoption.
Today, we're honored to be a guest at GotBit's #AMA Session.
🔗 Catch the session here: https://twitter.com/i/spaces/1ynJOyRRekOKR/peek
Join us at 3PM UTC as we dive into the dynamic world of #decentralizedfinance in the #Gotbit Hedge Fund's #DeFi Dynamics Post Halving #AMA.
Vasily Sumanov, our esteemed Head of Research, will represent #PowerPool. He'll share his key insights and future trends in DeFi automation post-halving.
👉 Set your reminders and don't miss out on this opportunity to hear from the all experts and discover what's next for the DeFi ecosystem.
Why is autonomous automation essential for the future of #DeFi and PowerPool's #PowerAgent V2?
✅ Generalized & Composable Automation: Emphasizes the need for a versatile and adaptable solution to meet the evolving demands of #DecentralizedFinance.
✅ Challenges with Current Solutions: Highlights the limitations of existing #automation solutions, particularly in terms of #decentralization, guaranteed #transaction execution, and the effective use of #cryptographic incentives.
🔗 Transition from Centralized to Decentralized:
✅ The Shift Away from #Centralized Bots: Describes the ongoing reliance on specialized, centralized bots by many teams due to the lack of a robust decentralized alternative.
✅ The Need for a Dominant Network: Points out the absence of a leading automation network that meets all criteria for #optimal operation.
🛡️ PowerAgent v2 as the Solution:
✅ Comprehensive Coverage: Envisions #PowerAgentv2 as the leading solution in the automation space, capable of operating across most, if not all, #EVM chains.
✅ Building #Trust and #Reliability: Focuses on establishing PowerAgent V2 as a trusted and reliable platform that overcomes the deficiencies of previous automation solutions.
1/ Anyone can run a lightweight Keeper node and receive a #bonus income stream from #automation fees.
A $CVP token stake is the only requirement!
2/ Any user can create Jobs in #PowerAgent and benefit from reliable #automation of their flows.
Just register your task, fund it with the network #gas token -such as #ETH-, and let the network do the rest!
3/ Anyone can develop #automation templates and share them with the community.
After technical #validation by the community, your flow scenario will be available for everyone to use!
#PowerPool potentially plans to introduce a Template program and allow #developers to receive a portion of the fees from each of their template’s execution.
4/ Join #PowerPool as a Keeper or a Job-owner today and be part of the #decentralized #automation revolution!
Find all guides in PowerPool docs: https://docs.powerpool.finance/powerpool-and-poweragent-network/power-agent/user-guides-and-instructions
Through its #PowerAgentV2 Keepers network, #PowerPool is dedicated to providing the #web3 community with essential infrastructure for automating a wide range of user-submitted and #AI-generated flows.
1/ Why manually monitor #onchain conditions and sign #transactions when a reliable “Transaction Signing as a Service” tool is available?
#PowerAgent v2 is a game-changer, designed as a generalized #decentralized network capable of #automating an expanding range of on-chain activities!
2/ Why use and why do protocols choose #PowerPool automation?
- It supports a wide variety of #automation use cases built on top of Interval and Resolver types of Jobs - An expanding number of built-in event-driven functionalities are available - It offers configurable execution conditions suitable for Job-by-Job customization of both routine and high-value tasks - Job owners can define slashing requirements and Keepers' responsibility, allowing execution of the specific Job only to Keepers within the desired stakes range.
3/ The potential use cases for #PowerAgent are seemingly endless!
Whether it’s an interval task that need to be executed periodically or a task with arbitrary execution conditions, it covers it all!
4/ #PowerAgent empowers client applications with seamless automation, making it a must-have tool across multiple #EVM chains!
5/ Want to learn more?
Find out how you can create your own #automated flow: