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PowerPool
@PowerPool
Decentralized network for guaranteed automatic, gasless, transaction execution and off-chain computations for Defi/Web3 apps and individuals. $CVP
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Have you checked out our latest #DeFi shield yet which we gave a sneak peek at our prototype: #PowerPool's Liquidation Protection Template for #PowerAgentv2?
This prototype is paving the way for a smarter, safer DeFi experience. Here’s why you should keep your eye on this!
Picture this: #DeFi lending, but with a safety net. Our prototype is the early version of your personal financial guard against the risk of liquidation, and we’re just getting started.
Suppose #ETH is your collateral in a high tide market. Our #PowerAgentv2 prototype steps up as your spotter, proactively adjusting your collateral/debt ratio to steer clear of liquidation threats.
We're fine-tuning every gear to make sure that when you dive into the #DeFi's depths, you’ll able to get the best backup there is.
Curious about the nuts and bolts of this prototype? Check out the full details and get a glimpse of what’s cooking in #PowerPool’s innovation lab.
And remember, this is just the beta—imagine the possibilities when it’s fully unleashed! 👇
https://x.com/powerpoolcvp/status/1782122931025322185
$CVP $ETH
This prototype is paving the way for a smarter, safer DeFi experience. Here’s why you should keep your eye on this!
Picture this: #DeFi lending, but with a safety net. Our prototype is the early version of your personal financial guard against the risk of liquidation, and we’re just getting started.
Suppose #ETH is your collateral in a high tide market. Our #PowerAgentv2 prototype steps up as your spotter, proactively adjusting your collateral/debt ratio to steer clear of liquidation threats.
We're fine-tuning every gear to make sure that when you dive into the #DeFi's depths, you’ll able to get the best backup there is.
Curious about the nuts and bolts of this prototype? Check out the full details and get a glimpse of what’s cooking in #PowerPool’s innovation lab.
And remember, this is just the beta—imagine the possibilities when it’s fully unleashed! 👇
https://x.com/powerpoolcvp/status/1782122931025322185
$CVP $ETH
We're beaming with pride as Vasily Sumanov, our very own maestro of #tokenengineering and Head of Research of PowerPool, took the stage at #ISIC2024 in Singapore!
Vasily is the brain behind the Value Capturing Mechanisms theory, which is redefining how we understand token value in #web3 and #DeFi.
His brilliant work lays out how value is created and harnessed through strategic token policies, a concept at the heart of our $CVP token's design.
His remarkable work delineates the creation and capturing of value through strategic token policies. With the $CVP token's design, it's classified as a Work Token (Wt), capturing value through offering $CVP stakers the opportunity to participate in the PowerAgent network (a conditional action) and providing them with future cash flow.
This innovative design by Vasily offers stakers a unique opportunity, but also comes with risks associated with slashing.
From the lab to the world stage, our Head of Research is very active in the the ecosystem, bridging the gap between theory and practical, impactful policy.
Check Vasily’s insights about the presentation on #ISIC2024👇
https://twitter.com/vasily_sumanov/status/1781355994263474349
https://x.com/powerpoolcvp/status/1781779048344986037
Vasily is the brain behind the Value Capturing Mechanisms theory, which is redefining how we understand token value in #web3 and #DeFi.
His brilliant work lays out how value is created and harnessed through strategic token policies, a concept at the heart of our $CVP token's design.
His remarkable work delineates the creation and capturing of value through strategic token policies. With the $CVP token's design, it's classified as a Work Token (Wt), capturing value through offering $CVP stakers the opportunity to participate in the PowerAgent network (a conditional action) and providing them with future cash flow.
This innovative design by Vasily offers stakers a unique opportunity, but also comes with risks associated with slashing.
From the lab to the world stage, our Head of Research is very active in the the ecosystem, bridging the gap between theory and practical, impactful policy.
Check Vasily’s insights about the presentation on #ISIC2024👇
https://twitter.com/vasily_sumanov/status/1781355994263474349
https://x.com/powerpoolcvp/status/1781779048344986037
Get funded by #PowerPool!
In collaboration with #Gitcoin #grantsstack, PowerPool Builder #Grants are fueling the future of automated protocols and #dApps.
If your project can benefit from #decentralized #automation or if you have an innovative idea for a brand-new automated protocol, we're here to support you with #grants up to $20,000!
Don't miss out on this opportunity. Apply now and kickstart your automated vision with PowerPool!
Learn more and submit your project here: https://medium.com/powerpool/powerpool-grants-and-submission-guidelines-for-contributors-f1cc079752
Let's shape the future of #web3 together!
https://x.com/powerpoolcvp/status/1781380571446321549
$CVP $GTC $ETH
In collaboration with #Gitcoin #grantsstack, PowerPool Builder #Grants are fueling the future of automated protocols and #dApps.
If your project can benefit from #decentralized #automation or if you have an innovative idea for a brand-new automated protocol, we're here to support you with #grants up to $20,000!
Don't miss out on this opportunity. Apply now and kickstart your automated vision with PowerPool!
Learn more and submit your project here: https://medium.com/powerpool/powerpool-grants-and-submission-guidelines-for-contributors-f1cc079752
Let's shape the future of #web3 together!
https://x.com/powerpoolcvp/status/1781380571446321549
$CVP $GTC $ETH
Dive into the #PowerPool odyssey!
It's a story of collective strength and innovation, as we revolutionize #DeFi automation and asset management. Here’s a glimpse into our illustrious history and the milestones that define #PowerPool.
Back in July 2020, the #PowerPool protocol was born with a big idea: making #DeFi accessible and influential for even the smallest holders. Our journey began with the mission to democratize the individual power across #DeFi.
As 2020 drew to a close, #PowerPool launched $CVP and the PIPT and YETI indices, adding a new layer of benefits and utility for the #DeFi community. This was a stepping stone towards more community-driven features and rewards.
The year 2021 was a commitment to innovation. Two new automated index baskets were launched: ASSY and YLA. We also introduced xCVP and meta-governance, allowing $CVP holders to make their mark across various #DeFi protocols, all from within #PowerPool.
In 2022, we realized that the way forward for sophisticated and diversified token baskets/indices is decentralized and generalized automation. That’s when PowerPool pivoted to developing PowerAgent V2 - a permissionless and fully decentralized automation network.
The story continued in 2023, as we fine-tuned #PowerPool protocol, launched #PowerAgentV2, and secured strategic partnerships, fortifying our place in the #DeFi space. We stayed true to our roots, continuing academic research aimed at PowerAgent design focusing on user empowerment and platform resilience.
Now, in 2024, #PowerPool’s roadmap is charged with ambition. With each milestone, we're fine-tuning the mechanisms of automated #DeFi asset management. Our sights are set on the future! With a focus on further multi-chain expansion. Template #Jobs, Modularity, ZK-powered off-chain computations, and other improvements to the platform, we're advancing full steam ahead!
$CVP
👇
It's a story of collective strength and innovation, as we revolutionize #DeFi automation and asset management. Here’s a glimpse into our illustrious history and the milestones that define #PowerPool.
Back in July 2020, the #PowerPool protocol was born with a big idea: making #DeFi accessible and influential for even the smallest holders. Our journey began with the mission to democratize the individual power across #DeFi.
As 2020 drew to a close, #PowerPool launched $CVP and the PIPT and YETI indices, adding a new layer of benefits and utility for the #DeFi community. This was a stepping stone towards more community-driven features and rewards.
The year 2021 was a commitment to innovation. Two new automated index baskets were launched: ASSY and YLA. We also introduced xCVP and meta-governance, allowing $CVP holders to make their mark across various #DeFi protocols, all from within #PowerPool.
In 2022, we realized that the way forward for sophisticated and diversified token baskets/indices is decentralized and generalized automation. That’s when PowerPool pivoted to developing PowerAgent V2 - a permissionless and fully decentralized automation network.
The story continued in 2023, as we fine-tuned #PowerPool protocol, launched #PowerAgentV2, and secured strategic partnerships, fortifying our place in the #DeFi space. We stayed true to our roots, continuing academic research aimed at PowerAgent design focusing on user empowerment and platform resilience.
Now, in 2024, #PowerPool’s roadmap is charged with ambition. With each milestone, we're fine-tuning the mechanisms of automated #DeFi asset management. Our sights are set on the future! With a focus on further multi-chain expansion. Template #Jobs, Modularity, ZK-powered off-chain computations, and other improvements to the platform, we're advancing full steam ahead!
$CVP
👇
Big Cheers to Our PowerAgents!
What a fantastic journey we've been on! As we wrap up week 16 of 2024, Absolutely thrilled to announce that the latest batch of $CVP #Airdrop rewards has made its way to our 30 stellar #PowerAgentv2 #testnet contributors!
🔗 You can check out the transaction here: https://etherscan.io/tx/0x617d4a6098caca8c12d2afc4b4f3d96ec15444eaaecb58b9799610a0eb0dc468
From the bottom of our hearts, thank you to each one of you. Your unwavering dedication and pioneering spirit are what keep the wheels of innovation turning in our quest to revolutionize the automated #web3.
Keep being amazing, PowerPool Keepers!
https://twitter.com/powerpoolcvp/status/1780680581631598887
What a fantastic journey we've been on! As we wrap up week 16 of 2024, Absolutely thrilled to announce that the latest batch of $CVP #Airdrop rewards has made its way to our 30 stellar #PowerAgentv2 #testnet contributors!
🔗 You can check out the transaction here: https://etherscan.io/tx/0x617d4a6098caca8c12d2afc4b4f3d96ec15444eaaecb58b9799610a0eb0dc468
From the bottom of our hearts, thank you to each one of you. Your unwavering dedication and pioneering spirit are what keep the wheels of innovation turning in our quest to revolutionize the automated #web3.
Keep being amazing, PowerPool Keepers!
https://twitter.com/powerpoolcvp/status/1780680581631598887
Heads up #PowerPool Community!
We're excited to share some fantastic updates with you all! We've recently given our Medium blog a major makeover. The new layout is more user-friendly now, making it easier for you to navigate and find the articles you love.
But that's not all! We're also introducing a brand new section dedicated to #Research part. Here, we'll be showcasing all the groundbreaking work our team is doing in R&D. It’s the perfect spot for those of you who are keen to stay on top of the latest developments in #decentralized #automation infrastructure.
Curious to see what we’ve been up to? Check out our newly updated blog right here: https://medium.com/powerpool
We hope you enjoy the new look and the exciting content we have lined up!
https://twitter.com/powerpoolcvp/status/1780674173104267434
$CVP
We're excited to share some fantastic updates with you all! We've recently given our Medium blog a major makeover. The new layout is more user-friendly now, making it easier for you to navigate and find the articles you love.
But that's not all! We're also introducing a brand new section dedicated to #Research part. Here, we'll be showcasing all the groundbreaking work our team is doing in R&D. It’s the perfect spot for those of you who are keen to stay on top of the latest developments in #decentralized #automation infrastructure.
Curious to see what we’ve been up to? Check out our newly updated blog right here: https://medium.com/powerpool
We hope you enjoy the new look and the exciting content we have lined up!
https://twitter.com/powerpoolcvp/status/1780674173104267434
$CVP
We have some great news for the #SmartContract Automation Space 👀
#ZK-powered #Automation is coming to #DeFi!
PowerPool teams up with #Resolfinity at #ETHGlobal Scaling #Ethereum 2024 #hackathon
We are building #GainVault - An #autonomous oracleless meta-vault using zk-proofed data and fully automated by #PowerAgentV2.
Let’s dive into the details and see how it will make the automation stronger 🧵👇
The #GainVault product:
-Deposit $USDC
-GainVault autonomously optimizes yield between #YearnFi vaults trustlessly using #ZK-proofed data as an input and the #decentralized #PowerAgentV2 network for transaction executions.
No traditional #oracle is required! Perfect right?
So, What are the details?
#GainVault leverages #ZK-storage proof of #yield per share to allocate tokens across different #YearnFinance vaults based on historic yield data. Not being constrained to just the current block protects users from yield volatility!
With automatic #rebalancing, #token distribution remains optimized for maximum returns.
GainVault’s proposed architecture is made of 4 parts 👇
The Tracking Module:
The module monitors the historic #yield per share ratio for each #Yearn $USDC vault.
When one of the values deviates above a certain threshold, it triggers the Profit Module and passes raw data for calculations and #ZK-proofs.
The #Profit Module:
This module uses the raw data to calculate how much #liquidity must be redistributed and where.
If the results significantly differ from the current liquidity distribution, it calls the #Proof module with the storage data and calculation results.
The Proof Module:
Received raw storage data is then processed to build #ZK-storage proofs passed to #PowerAgent Keepers for #execution.
Additionally, the module performs proof-of-profit circuit checks to ensure #security and reliable yield for users.
$CVP $ETH
++
#ZK-powered #Automation is coming to #DeFi!
PowerPool teams up with #Resolfinity at #ETHGlobal Scaling #Ethereum 2024 #hackathon
We are building #GainVault - An #autonomous oracleless meta-vault using zk-proofed data and fully automated by #PowerAgentV2.
Let’s dive into the details and see how it will make the automation stronger 🧵👇
The #GainVault product:
-Deposit $USDC
-GainVault autonomously optimizes yield between #YearnFi vaults trustlessly using #ZK-proofed data as an input and the #decentralized #PowerAgentV2 network for transaction executions.
No traditional #oracle is required! Perfect right?
So, What are the details?
#GainVault leverages #ZK-storage proof of #yield per share to allocate tokens across different #YearnFinance vaults based on historic yield data. Not being constrained to just the current block protects users from yield volatility!
With automatic #rebalancing, #token distribution remains optimized for maximum returns.
GainVault’s proposed architecture is made of 4 parts 👇
The Tracking Module:
The module monitors the historic #yield per share ratio for each #Yearn $USDC vault.
When one of the values deviates above a certain threshold, it triggers the Profit Module and passes raw data for calculations and #ZK-proofs.
The #Profit Module:
This module uses the raw data to calculate how much #liquidity must be redistributed and where.
If the results significantly differ from the current liquidity distribution, it calls the #Proof module with the storage data and calculation results.
The Proof Module:
Received raw storage data is then processed to build #ZK-storage proofs passed to #PowerAgent Keepers for #execution.
Additionally, the module performs proof-of-profit circuit checks to ensure #security and reliable yield for users.
$CVP $ETH
++
Introducing the Game-Changing Liquidation Protection Template Prototype for #PowerAgentv2!
We've just launched the Liquidation Protection Template for #PowerAgent, a major leap forward in safeguarding #DeFi strategies against #liquidation risks.
Dive into the details here: https://medium.com/powerpool/introducing-liquidation-protection-template-for-poweragent-15494c15c24c
What's at stake? In #DeFi, using #lending markets is popular but comes with the risk of #liquidation if your #collateral value drops too sharply. Our new template helps manage this risk smartly and automatically with #PowerAgentv2.
Here’s how it works: Suppose you’ve borrowed funds with #ETH as #collateral. If $ETH 's price drops close to a critical point, our #PowerAgentv2 can step in to adjust your collateral/#debt ratio by automatically repaying part of your debt, avoiding costly #liquidations.
The heart of this system is the #Liquidation Protection #Contract, currently aligned with #AAVE protocols but adaptable for any #lending service. It monitors and adjusts your health factor between set bounds to keep your assets safe.
Main features:
- Initialize with your chosen assets.
- Automatically deposit or adjust debt to maintain your desired health factor.
- Utilize #AAVE's #oracles and pools for real-time data and actions.
The real magic happens with our #PowerAgentv2 Keepers. If the designated #Keeper fails to execute the required action, another Keeper takes over, ensuring your position is always protected.
The balancing act is handled by a specialized function within the contract that checks your position's health factor. If it’s out of the desired range, the #contract adjusts by either repaying or increasing #debt.
The Resolver plays a crucial role by checking the health factor each #block and triggering the #balance function if necessary. This ensures continuous protection without manual intervention.
For emergency scenarios, the #contract includes an emergencyExit function, allowing users to withdraw their #funds if they get stuck unexpectedly.
$CVP $ETH
We've just launched the Liquidation Protection Template for #PowerAgent, a major leap forward in safeguarding #DeFi strategies against #liquidation risks.
Dive into the details here: https://medium.com/powerpool/introducing-liquidation-protection-template-for-poweragent-15494c15c24c
What's at stake? In #DeFi, using #lending markets is popular but comes with the risk of #liquidation if your #collateral value drops too sharply. Our new template helps manage this risk smartly and automatically with #PowerAgentv2.
Here’s how it works: Suppose you’ve borrowed funds with #ETH as #collateral. If $ETH 's price drops close to a critical point, our #PowerAgentv2 can step in to adjust your collateral/#debt ratio by automatically repaying part of your debt, avoiding costly #liquidations.
The heart of this system is the #Liquidation Protection #Contract, currently aligned with #AAVE protocols but adaptable for any #lending service. It monitors and adjusts your health factor between set bounds to keep your assets safe.
Main features:
- Initialize with your chosen assets.
- Automatically deposit or adjust debt to maintain your desired health factor.
- Utilize #AAVE's #oracles and pools for real-time data and actions.
The real magic happens with our #PowerAgentv2 Keepers. If the designated #Keeper fails to execute the required action, another Keeper takes over, ensuring your position is always protected.
The balancing act is handled by a specialized function within the contract that checks your position's health factor. If it’s out of the desired range, the #contract adjusts by either repaying or increasing #debt.
The Resolver plays a crucial role by checking the health factor each #block and triggering the #balance function if necessary. This ensures continuous protection without manual intervention.
For emergency scenarios, the #contract includes an emergencyExit function, allowing users to withdraw their #funds if they get stuck unexpectedly.
$CVP $ETH
Great news for #PowerPool #DAO!
We've just updated the #PowerPool history to showcase all our latest achievements!
From the successful deployment of #PowerAgentv2 to the results from our ecosystem partners, new collaborations, latest developments, prototypes, and more - it's all there!
Curious to learn more about what we're up to? Dive into our updated history here: https://powerpool.finance/story/
https://twitter.com/powerpoolcvp/status/1780241347942760752
$CVP
We've just updated the #PowerPool history to showcase all our latest achievements!
From the successful deployment of #PowerAgentv2 to the results from our ecosystem partners, new collaborations, latest developments, prototypes, and more - it's all there!
Curious to learn more about what we're up to? Dive into our updated history here: https://powerpool.finance/story/
https://twitter.com/powerpoolcvp/status/1780241347942760752
$CVP
One of the key innovative features of the #PowerAgentV2 network is automated slashing. No other #automation network in the market has truly automated slashing without multi-sig authorization or any manual action.
#PowerAgent will automatically slash #Keepers if they do not execute their transaction on time or on condition in an automatic mode ensuring proper incentives for Job execution.
Vasily Sumanov
https://x.com/powerpoolcvp/status/1779952713654038795
$CVP
#PowerAgent will automatically slash #Keepers if they do not execute their transaction on time or on condition in an automatic mode ensuring proper incentives for Job execution.
Vasily Sumanov
https://x.com/powerpoolcvp/status/1779952713654038795
$CVP
#Automation networks are the future backbone of #web3!
With the evolving complexity of #DeFi and the need to perform multiple on-chain actions daily, delegating these tasks to specialized #Keeper networks is becoming ever more widespread.
Outsourcing transaction signing based on predefined conditions is the new frontier of #blockchain efficiency!
Our vision? A fully automated web3 enabled by #decentralized Keeper networks.
Discover more about the future of web3 #automation: https://medium.com/powerpool/web3-automation-letters-ad7556cd0374
https://twitter.com/powerpoolcvp/status/1779077499101528435
$CVP
With the evolving complexity of #DeFi and the need to perform multiple on-chain actions daily, delegating these tasks to specialized #Keeper networks is becoming ever more widespread.
Outsourcing transaction signing based on predefined conditions is the new frontier of #blockchain efficiency!
Our vision? A fully automated web3 enabled by #decentralized Keeper networks.
Discover more about the future of web3 #automation: https://medium.com/powerpool/web3-automation-letters-ad7556cd0374
https://twitter.com/powerpoolcvp/status/1779077499101528435
$CVP
ZK-proofing and off-chain computations is critically important for the future of Keeper networks because many protocols have some -tasks based on- off-chain conditions to be correctly automated, and correctly executed.
This is very important and we think that one year from now, the landscape of Keeper networks will evolve and all major L1 networks will integrate some kind of infrastructure like #PowerAgent for off-chain events and off-chain computations because without them they just cannot move forward as there is a LOT of competition from alternative L1s.
Vasily Sumanov
https://twitter.com/powerpoolcvp/status/1778475417424285869
$CVP
This is very important and we think that one year from now, the landscape of Keeper networks will evolve and all major L1 networks will integrate some kind of infrastructure like #PowerAgent for off-chain events and off-chain computations because without them they just cannot move forward as there is a LOT of competition from alternative L1s.
Vasily Sumanov
https://twitter.com/powerpoolcvp/status/1778475417424285869
$CVP
Such routine tasks like limit orders/stop losses, liquidation protection, and yield compounding shouldn’t require user’s involvement when they can be reliably automated.
Introducing #PowerAgentV2 - a low-cost, decentralized, and permissionless network of independent #Keepers who monitor and execute conditional on-chain tasks submitted by users.
Creating automation Jobs is a breeze with #PowerPool's intuitive UI. Say goodbye to manual tasks and let PowerAgent handle it all for you.
Enhance your #web3 experience now! Learn to create your first Job with PowerAgent:
https://medium.com/powerpool/introduction-to-job-creation-and-automation-with-powerpool-0a22d9989d39
https://x.com/powerpoolcvp/status/1778142669169979499
$CVP
Introducing #PowerAgentV2 - a low-cost, decentralized, and permissionless network of independent #Keepers who monitor and execute conditional on-chain tasks submitted by users.
Creating automation Jobs is a breeze with #PowerPool's intuitive UI. Say goodbye to manual tasks and let PowerAgent handle it all for you.
Enhance your #web3 experience now! Learn to create your first Job with PowerAgent:
https://medium.com/powerpool/introduction-to-job-creation-and-automation-with-powerpool-0a22d9989d39
https://x.com/powerpoolcvp/status/1778142669169979499
$CVP
The latest round of rewards for the #PowerAgentV2 incentivized #testnet is here!
Check out the proof of distribution here: https://etherscan.io/tx/0xff771cddb912d9983c25ae1b842e6356996b5f1fde4540d49432575bcf486f75
In week 15 of 2024, we recognized and rewarded the top 30 #Keepers who have been running the latest version of the #PowerAgent software.
Your hard work and dedication to #PowerPool are truly appreciated! Thank you all for your invaluable contributions!
https://twitter.com/powerpoolcvp/status/1777783488340500491
$CVP
Check out the proof of distribution here: https://etherscan.io/tx/0xff771cddb912d9983c25ae1b842e6356996b5f1fde4540d49432575bcf486f75
In week 15 of 2024, we recognized and rewarded the top 30 #Keepers who have been running the latest version of the #PowerAgent software.
Your hard work and dedication to #PowerPool are truly appreciated! Thank you all for your invaluable contributions!
https://twitter.com/powerpoolcvp/status/1777783488340500491
$CVP
The Natural Evolution to Automated #Web3!
#Decentralized on-chain automation is a key pillar for the future of Web3 user adoption and the #evolution of L1/L2 ecosystems.
Why does #Web3 lean towards automation?
The answer lies in efficiency, reliability, and user-friendliness! 🧵 👇
https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0
1/ #Smartcontracts can’t execute themselves!
In cases requiring deferred execution based on time or specific logic, a third-party is needed to trigger the #Smart #Contract once the condition is satisfied.
2/ #DeFi's inherent complexity calls for #automation to enhance user experience!
From #yield strategies to #liquidity provision and liquidation protection, automation is key for users to enjoy seamless and convenient experience.
3/ Simplifying #complexity is crucial for #Web3 mass adoption!
#Automation is crucial to onboard the next billion of web3 users as it provides easy-to-use solutions that require minimum input to reap the benefits of #blockchain protocols.
4/ L1/L2 networks and their #validators benefit from #decentralized automation networks!
#Automation (Keeper) networks contribute to L1/L2 #network #decentralization by lowering the barrier to entry for new validators by providing additional incentives of running a full #node.
5/ The future of #Web3 & #DeFi is automated!
Learn more about why in this article: https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0
https://twitter.com/powerpoolcvp/status/1777430343093510530
$CVP $ETH
#Decentralized on-chain automation is a key pillar for the future of Web3 user adoption and the #evolution of L1/L2 ecosystems.
Why does #Web3 lean towards automation?
The answer lies in efficiency, reliability, and user-friendliness! 🧵 👇
https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0
1/ #Smartcontracts can’t execute themselves!
In cases requiring deferred execution based on time or specific logic, a third-party is needed to trigger the #Smart #Contract once the condition is satisfied.
2/ #DeFi's inherent complexity calls for #automation to enhance user experience!
From #yield strategies to #liquidity provision and liquidation protection, automation is key for users to enjoy seamless and convenient experience.
3/ Simplifying #complexity is crucial for #Web3 mass adoption!
#Automation is crucial to onboard the next billion of web3 users as it provides easy-to-use solutions that require minimum input to reap the benefits of #blockchain protocols.
4/ L1/L2 networks and their #validators benefit from #decentralized automation networks!
#Automation (Keeper) networks contribute to L1/L2 #network #decentralization by lowering the barrier to entry for new validators by providing additional incentives of running a full #node.
5/ The future of #Web3 & #DeFi is automated!
Learn more about why in this article: https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0
https://twitter.com/powerpoolcvp/status/1777430343093510530
$CVP $ETH
You as noderunners or prospective node runners, want to get the best return out of your stack, your time, and attention.
Adding a #PowerAgent Keeper/node on top of an #Ethereum node is virtually a no-brainer in terms of getting the most from your base stack.
And everyone in Ethereum wants more small, independent home stakers. But to achieve that, we need to get the node-runner return up, and that's what #PowerPool is doing with the #PowerAgentv2 network.
#PowerAgent is the missing piece and everyone should know about it.
Gordon Gekko
https://twitter.com/powerpoolcvp/status/1776584501382029629
Adding a #PowerAgent Keeper/node on top of an #Ethereum node is virtually a no-brainer in terms of getting the most from your base stack.
And everyone in Ethereum wants more small, independent home stakers. But to achieve that, we need to get the node-runner return up, and that's what #PowerPool is doing with the #PowerAgentv2 network.
#PowerAgent is the missing piece and everyone should know about it.
Gordon Gekko
https://twitter.com/powerpoolcvp/status/1776584501382029629
The majority of current #web3 projects could benefit from the #automation of their routine on-chain tasks. With #PowerAgentv2, #PowerPool provides all #DeFi protocols, #dApps, and individuals with crucial, autonomous #infrastructure for their operations.
Let’s dive! 🧵👇
https://medium.com/powerpool/poweragent-automation-network-value-proposition-functions-f40fd71d817e
#PowerAgentv2 is an open-source, #decentralized network offering guaranteed and #secure execution of #smartcontracts. It serves as the “#ZeroLayer" for automation in #web3, enabling the development of innovative products and services on top.
Client protocols can customize #PowerAgent to their needs, enhancing #flexibility and #efficiency.
By providing a reliable and #decentralized #automation infrastructure, #PowerAgentv2 empowers #DeFi projects to operate more efficiently and securely. It paves the way for the next wave of innovation in the #blockchain space.
#PowerAgentv2 is a game-changer in the #web3 space, offering a powerful #automation #network that enhances the capabilities of existing #DeFi protocols and enables the creation of new, innovative products.
Learn more about #PowerAgent’s value proposition and functions: https://medium.com/powerpool/poweragent-automation-network-value-proposition-functions-f40fd71d817e
https://twitter.com/powerpoolcvp/status/1776286777713566142
$CVP
Let’s dive! 🧵👇
https://medium.com/powerpool/poweragent-automation-network-value-proposition-functions-f40fd71d817e
#PowerAgentv2 is an open-source, #decentralized network offering guaranteed and #secure execution of #smartcontracts. It serves as the “#ZeroLayer" for automation in #web3, enabling the development of innovative products and services on top.
Client protocols can customize #PowerAgent to their needs, enhancing #flexibility and #efficiency.
By providing a reliable and #decentralized #automation infrastructure, #PowerAgentv2 empowers #DeFi projects to operate more efficiently and securely. It paves the way for the next wave of innovation in the #blockchain space.
#PowerAgentv2 is a game-changer in the #web3 space, offering a powerful #automation #network that enhances the capabilities of existing #DeFi protocols and enables the creation of new, innovative products.
Learn more about #PowerAgent’s value proposition and functions: https://medium.com/powerpool/poweragent-automation-network-value-proposition-functions-f40fd71d817e
https://twitter.com/powerpoolcvp/status/1776286777713566142
$CVP
#PowerAgentv2 is designed with Keeper selection algorithms based on genuine #randomness because if it’s known who will be the next Keeper selected by the network, that critically undermines its #security.
The main purpose of the #PowerAgent network is to protect Job Owners from Keeper malicious behavior and non-execution of their tasks. Random Keeper selection is incredibly important for these goals.
Vasily Sumanov
https://twitter.com/powerpoolcvp/status/1775986672796069919
$CVP
The main purpose of the #PowerAgent network is to protect Job Owners from Keeper malicious behavior and non-execution of their tasks. Random Keeper selection is incredibly important for these goals.
Vasily Sumanov
https://twitter.com/powerpoolcvp/status/1775986672796069919
$CVP
Week 14, 2024 rewards for the #PowerAgentV2 incentivized #testnet participants have been distributed!
30 PowerAgent Keepers from Gnosis Chain and the Sepolia testnet have received 100 #CVP each for their outstanding contributions to #PowerPool.
Check out the transaction here: https://etherscan.io/tx/0x1ff9015ff7f6d2cc36600db706f03a02dff8aff3f997b39aef5dbddd351db827
A huge thank you to our amazing community for playing a crucial role in bringing our vision of automated #web3 to life!
https://twitter.com/powerpoolcvp/status/1775500043992113549
$CVP
30 PowerAgent Keepers from Gnosis Chain and the Sepolia testnet have received 100 #CVP each for their outstanding contributions to #PowerPool.
Check out the transaction here: https://etherscan.io/tx/0x1ff9015ff7f6d2cc36600db706f03a02dff8aff3f997b39aef5dbddd351db827
A huge thank you to our amazing community for playing a crucial role in bringing our vision of automated #web3 to life!
https://twitter.com/powerpoolcvp/status/1775500043992113549
$CVP
Let’s digest the insights into the monumental Dencun Upgrade and its transformative impact on #PowerPool and #web3 automation.
Dive into the full details here: https://medium.com/powerpool/the-cancun-deneb-dencun-upgrade-its-impact-on-the-ethereum-ecosystem-and-on-chain-automation-38d16df495f3
This significant upgrade, combining improvements to #Ethereum's execution and consensus layers, marks a pivotal moment in enhancing scalability, security, and usability across the network. With Proto-Danksharding and new blob-carrying transactions, we're witnessing a dramatic reduction in #gas costs for Layer 2 Rollups, making transactions more affordable and efficient for everyone in our community.
The PowerPool team is especially excited about how these developments bolster our #PowerAgent network, enabling us to offer #automation services at significantly lower costs. This upgrade represents a leap forward in our mission to make #DeFi automation accessible and affordable for all, ensuring our community members can maximize their strategies without being hindered by high #transaction fees.
We're committed to leveraging these advancements to further innovate and provide value to our users. As #ETH continues to evolve, so too will PowerPool, ensuring we remain at the forefront of DeFi automation.
We invite you to explore the article to understand the full scope of the #Dencun Upgrade's impact and join us in embracing the future of Ethereum and on-chain automation!
https://twitter.com/powerpoolcvp/status/1775262253769753086
$CVP $ETH
Dive into the full details here: https://medium.com/powerpool/the-cancun-deneb-dencun-upgrade-its-impact-on-the-ethereum-ecosystem-and-on-chain-automation-38d16df495f3
This significant upgrade, combining improvements to #Ethereum's execution and consensus layers, marks a pivotal moment in enhancing scalability, security, and usability across the network. With Proto-Danksharding and new blob-carrying transactions, we're witnessing a dramatic reduction in #gas costs for Layer 2 Rollups, making transactions more affordable and efficient for everyone in our community.
The PowerPool team is especially excited about how these developments bolster our #PowerAgent network, enabling us to offer #automation services at significantly lower costs. This upgrade represents a leap forward in our mission to make #DeFi automation accessible and affordable for all, ensuring our community members can maximize their strategies without being hindered by high #transaction fees.
We're committed to leveraging these advancements to further innovate and provide value to our users. As #ETH continues to evolve, so too will PowerPool, ensuring we remain at the forefront of DeFi automation.
We invite you to explore the article to understand the full scope of the #Dencun Upgrade's impact and join us in embracing the future of Ethereum and on-chain automation!
https://twitter.com/powerpoolcvp/status/1775262253769753086
$CVP $ETH