An update from the #PowerAgentv2 incentivized #Testnet, Check out the April, 2024 stats!

Fresh monthly stats from the PowerPool “Transaction Signing as a Service” network are here for #GnosisChain , #ETH #Sepolia Testnet, and #Arbitrum!

As of April 30th, 2024, here are some key highlights:

🔹 Nearly 150 total Keepers ensuring the network is running smoothly!
🔹 Fresh Jobs registered for #automation!
🔹 Successful Job #executions increasing!
🔹 Keepers receiving fair #compensation for their hard work!

Join us at #PowerPool and be a part of the #web3 #automation revolution!

Curious about our work? Dive into our latest report: https://medium.com/powerpool/powerpool-biweekly-update-23-april-2024-7175cf69dee6

Lots of exciting developments are on the horizon, stay tuned with #PowerPool for more updates!

https://twitter.com/powerpoolcvp/status/1785354749669196233

$CVP $ARB $GNO

A fresh Youtube Content from PowerPool & SupremeDAO & Paladin! 🎥

We've just wrapped up a exciting AMA session with our partners at SupremeDAO by Daoism Systems and Paladin, diving deep into the innovative Genesis Strategy for next-level ETH-leveraged yield farming. Missed out on the live discussion? We’ve got you covered!

🎧 Listen the Full Session Here: PowerPool & SupremeDAO & Paladin: https://youtu.be/R4ILrnX4mpg

📖 Read the Full Transcript: Dive deeper into the details with our comprehensive article that captures every insight from the AMA: https://link.medium.com/RE4nLlyNdJb

We’ve discovered to unveil of SupremeDAO’s Genesis Strategy, a sophisticated system designed to amplify ETH returns using a combination of DeFi protocols like Curve, Aura, and Paladin, all seamlessly orchestrated by #PowerAgentv2.

Insightful discussions on the integration of automated asset management to revolutionize DeFi, making high-yield farming accessible and efficient.

Fascinating discussions on how Paladin’s veTokenomics can further enhance the profitability and sustainability of yield farming strategies.

Let’s build a more automated, efficient, and decentralized world together! 🫡

https://twitter.com/powerpoolcvp/status/1785345274858045628

$CVP $ETH $CRV

PowerPool’s #PowerAgent is a #dePIN network that offers “#Transaction Signing as a Service”.

Users, protocols, and developers can now effortlessly automate their #onchain flows!

How? Let’s dive! 🧵👇

With #PowerAgent, users can set up interval-based tasks like claiming rewards or complex resolver tasks with arbitrary logic.

From harvesting #rewards to #limitorders, #liquidation protection, and #Uniswap v3 position management, the possibilities are endless!

The network is powered by #independent Keepers that execute Jobs created by users.

Full node owners and #validators are ideal candidates to run Keepers, as it provides them with a new revenue stream while ensuring network #decentralization!

To use the network to automate your #onchain flows, simply submit a Job to the #PowerAgent #contract.

A Job is defined by the target contract, conditions for its #execution, and can be flexibly configured in multiple ways to tailor it exactly to your needs 👇

The time interval for execution

Or

Arbitrary execution logic for resolver-based Jobs

Define the stake range for eligible Keepers

Raising its lower bound will result in fewer available Keepers but with higher responsibility.

Note that execution fees are #stake-dependent, so set the upper bound to limit the cost of #automating your flow!

Set the max #block base fee to prevent #execution of non-critical tasks during #gas spikes!

The #payment source for your flows can also be configured.

The Job’s #balance can be easily topped up on the UI.

Using the Owner’s balance may be more convenient if you have multiple Jobs!

Check out the Job Registration Guide to learn more about Jobs, their structure, and how to submit them:

https://docs.powerpool.finance/powerpool-and-poweragent-network/power-agent/user-guides-and-instructions/i-want-to-automate-my-tasks/job-registration-guide

Start your journey with #PowerAgent today and unlock the potential of #automated workflows with #PowerPool!

https://twitter.com/powerpoolcvp/status/1785019109802938798

$CVP

Calling all developers and #DeFi visionaries in #web3!

The #PowerPool Builder Grants Program, in collaboration with #Gitcoin #grantsstack, continues to power up your projects!

Got a project that could leverage #decentralized #automation?

Got a spark of an idea for a next-gen automated protocol? We're here to fuel your fire with grants of up to $20,000!

This is your chance to bring those innovative concepts to life and join the ranks of builders shaping the automated future of #DeFi and #dApps on top of #PowerAgentv2.

Apply now to give your automated vision the kickstart it deserves with PowerPool’s support!

Ready to make a splash? Find all the details and submission guidelines here: https://medium.com/powerpool/powerpool-grants-and-submission-guidelines-for-contributors-f1cc079752

Together, let's forge the path to a more automated, efficient, and #decentralized world!

https://twitter.com/powerpoolcvp/status/1784199007348183202

$CVP $ETH $BTC

A huge shoutout to #SupremeDAO by #DaoismSystems and #PaladinVote for an amazing #AMA session today!

We delved into some exciting discussions that truly made it an immersive experience. Salute to all!

If you missed the session: https://twitter.com/i/spaces/1DXxyjYXBWNKM

Here's a recap🧵👇

1/ SupremeDAO is gearing up to launch their first automated yield optimizer – the Genesis Strategy.

It allows users to access #ETH-leveraged yield farming in a single click.

You simply provide #wstETH and watch the yields come!

2/ Automation is at the core of the Genesis Strategy!

It leverages #wstETH as collateral on #crvUSD which is swapped into tokens for liquidity farming on Aura. The yields are automatically swapped for wstETH or crvUSD and the CDP health is automatically balanced to protect from liquidation.

3/ A portion of the yield generated will be automatically used to bootstrap #Paladin’s ve-optimization through their bribes market, ensuring sustained profitability for the strategy.

4/ The decentralized #PowerAgentV2 Keepers network enables reliable automation of all calculations and transactions.

No manual actions or reliance on centralized bots guarantees efficiency and security!

5/ By harnessing the combined power of #CurveFinance, #AuraFinance, #PaladinVote, and #PowerPool automation, Genesis Strategy delivers a seamless and optimized approach to maximize returns on wstETH holdings!

Get ready to unlock new possibilities for yield generation while minimizing risks!

6/ Following the Genesis Strategy, SupremeDAO will introduce additional cutting-edge automated strategies and launch their token - $YAI (Yield Automated Instrument), representing their collection of strategies.

7/ Dive deeper into the Genesis Strategy with SupremeDAO’s detailed article:
https://mirror.xyz/supremexyz.eth/tFlbXl8cnVWXZ8PvegEXcI7mfc8qJHT6OjSJ0JSua-Q

If you missed the #AMA and want to dive in, listen to the recording: https://twitter.com/i/spaces/1DXxyjYXBWNKM

https://twitter.com/powerpoolcvp/status/1783930704570589519

$CVP $CRV $ETH

The #AMA with #PowerPool & #SupremeDAO - #DaoismSystems is nearly here!

And guess what? #Paladin_vote is joining the party too. 🎉

🗓️ TODAY, 26th April, 12:30 PM UTC
📍 Set a reminder here: https://twitter.com/i/spaces/1DXxyjYXBWNKM

We'll be zooming in on the #GenesisStrategy from #SupremeDAO, a masterstroke in #DeFi yield strategies on #Ethereum. Powered by our very own #PowerAgentv2, we're threading together the might of #Curve Finance , #Aura Finance , and now the formidable #Paladin.

🔗 Last-minute deep dive before the AMA? We got you: https://mirror.xyz/supremexyz.eth/tFlbXl8cnVWXZ8PvegEXcI7mfc8qJHT6OjSJ0JSua-Q

⏰ Time’s ticking – let’s get ready to get your #DeFi meal!

Can't wait to see you there!

https://twitter.com/powerpoolcvp/status/1783819706417152340

$CVP $CRV $ETH

PowerPool’s mission is creating the infrastructure for reliable, cost-effective, and fully decentralized automated #web3!

By submitting their flows to #PowerAgentV2, users abstract blockchain complexities, benefit from smaller response times on their conditional strategies, and enjoy a rise in efficiency of their web3 experience.

How is this possible? Read further to find out 🧵👇

https://twitter.com/powerpoolcvp/status/1783588648186785946

https://medium.com/powerpool/poweragent-automation-network-value-proposition-functions-f40fd71d817e

$CVP $ETH

GM, PowerPool Keepers!

The latest round of $CVP #airdrops is here, based on #PowerAgentv2 Keeper activity on April 15-21. 30 top-performing testers on #GnosisChain and #Sepolia have received 100 $CVP each!

Check out the #PowerAgent incentivized #testnet #airdrop distribution right here: https://etherscan.io/tx/0x67a053f5291bd84cb9b9c60f8ad84e94fe124205106d8743b61eda832a94c086

Huge shoutout to our amazing community for their dedication and contributions to #PowerPool. Together, we're shaping the future of automated #web3!

https://twitter.com/powerpoolcvp/status/1783153156911747564

Attention #Crypto Enthusiasts & #DeFi Strategists!

Mark Your Calendars for a Great #AMA Session: #PowerPool & SupremeDAO by Daoism Systems

📅 26th April, 12:30 PM UTC
📍 https://twitter.com/i/spaces/1DXxyjYXBWNKM

We’ll dive into #SupremeDAO’s Genesis Strategy, engineered to revolutionize yield optimization on #Ethereum!

We'll talk about the master plan behind seamlessly merging Curve Finance, Aura Finance, and Paladin prowess into a unified powerhouse, all orchestrated by #PowerAgentv2's smart #automation.

🔗 Dive into the Details: https://mirror.xyz/supremexyz.eth/tFlbXl8cnVWXZ8PvegEXcI7mfc8qJHT6OjSJ0JSua-Q

Drop your questions below, let's Ignite the conversation and join us!

https://twitter.com/powerpoolcvp/status/1783113930442682834

$CVP $CRV $ETH

PowerPoolers, our latest biweekly update is packed with advancements that are just too good to miss!
From #PowerAgentv2's impressive stats to our cutting-edge R&D breakthroughs, there's a lot to catch up on.

Jump in our latest ‘Biweekly Update’ : https://medium.com/powerpool/powerpool-biweekly-update-23-april-2024-7175cf69dee6

Let’s dive in:

#PowerAgentv2: Network at a Glance

- 105 Active Keepers are now powering our network on #GnosisChain.
- 1.56 Million Jobs Executed by our diligent Keepers on #Sepolia.
- We're also in Initial Testing on #Arbitrum, with 12 Active Keepers and growing!

Developments & Updates

- Our UI & Explorer API got smarter and sleeker, enhancing your #PowerPool experience.
- We've been squashing bugs and boosting our contracts for better performance and #security.
- New updates and fixes across our dApp, landing page, and #IPFS Resolver Service keep us at the forefront of #DeFi.

#Research & Development Rocks

- #PowerAgentv2 is firing on all cylinders in #testnet, thanks to the feedback from our #community testers.
- Our grantees, like #Partitura, #Daoism, #SupremeDAO and #Breadchain, are making huge strides with #PowerAgent-integrated platforms.
- Plus, we've rolled out a series of template contracts that are set to change the game for #DeFi strategies: DCA & Limit Order and Liquidation Protection Templates.

Conferences & Growth

Fresh from #Token2049 and #ETHDubai, we have been spreading the word and shaping the future of automated #DeFi.
These global stages help us forge vital connections that will catapult #PowerPool onto new chains and into new partnerships.

Check out our article for all the details on #PowerAgent’s latest developments, from the #testnet trenches to the conference circuit. There's never been a better time to be part of the #PowerPool ecosystem!

https://twitter.com/powerpoolcvp/status/1782898985969029366

$CVP

PowerPool thrilled to unveil the DCA/Limit Order Template Contract: A DeFi Game-Changer!

Introducing a major innovation that's ready to redefine your trading strategy: the DCA/Limit Order Template Contract, fully integrated with PowerPool's smart automation capabilities!

What's This About?

Dollar Cost Averaging (DCA) & Limit Orders are now a breeze on the blockchain. No more manual swaps or reliance on centralized services. With our new contract, powered by PowerAgent, these strategies are native to the blockchain, ensuring seamless, automated execution on your chosen DEX.

DCA vs. Limit Orders?

Whether it's setting up a recurring buy strategy (DCA) or waiting for that perfect price point (Limit Orders), this contract has you covered. It's a set-and-forget solution that allows both newbies and seasoned traders to stay ahead of the game, automatically.

Under the Hood:

Built with flexibility in mind, you can configure the contract for recurring swaps (DCA) or one-time well-timed trades (Limit Orders). PowerAgent's Keepers network ensures your strategy runs like clockwork on UniswapV3, with plans to extend to other DEXs.

Main Features:

- Customize swap intervals & price thresholds
- Easily change strategy parameters anytime
- Monitor & adjust automatically with PowerAgent Keepers
- Publicly callable performSwap() for anyone to trigger your strategy (protected by resolver checks)

Perfect for All Levels!

Whether you're just dipping your toes in DeFi or you’re a pro swimming in the deep end, this contract simplifies complex strategies. With user-friendly automation, you're all set for a hassle-free DeFi experience.

Dive into the details and start automating your DCA or Limit Orders today with PowerPool's latest innovation!

Read our blog for a clear, detailed breakdown: https://medium.com/powerpool/introducing-the-dca-limit-order-template-contract-ready-for-powerpool-automation-bbf6587ed68c

https://twitter.com/powerpoolcvp/status/1782792134136856636

$CVP

#PowerPool is ecstatic to highlight SupremeDAO’s Genesis Strategy, a cutting-edge yield optimizer poised to transform #Ethereum investments!

This is no ordinary strategy, it's a sophisticated synergy of top #DeFi protocols, powered by our very own #PowerAgentv2 with #SupremeDAO.

The concept is brilliant, use SupremeDAO’s automated system to amplify $ETH returns, merging the prowess of Curve Finance, Aura Finance, and Paladin into a single streamlined process.

And the magic?

It’s all set in motion automatically, thanks to #PowerAgentv2's #smartcontract execution.

The strategy actively manages $wstETH as #collateral, pivoting through #DeFi landscapes to cultivate high yields from $crvUSD to Aura Finance.

The future also holds Paladin integration for veTokenomics, elevating potential returns.

Each step, from leveraging $wstETH on Curve Finance to staking #LP tokens on Aura Finance, is a calculated move in this #DeFi chess game.

#PowerAgentv2 is the grandmaster, automating transactions, balancing positions, and optimizing strategy, all while you sit back.

Plus, there’s an innovative #collateral health monitoring system ensuring your stakes stay #secure against market volatility, automatically adjusting to keep your assets #safe.

This partnership between #PowerPool and SupremeDAO empowering #DeFi users with accessible, automated strategies.

#SupremeDAO's MVP is just the beginning, and we're here for this journey.

Check out the full story and get ready to join the revolution in #DeFi yield generation: https://mirror.xyz/supremexyz.eth/tFlbXl8cnVWXZ8PvegEXcI7mfc8qJHT6OjSJ0JSua-Q

https://twitter.com/powerpoolcvp/status/1782424260151034178

$CVP

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

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

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

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

👇

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

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 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

++

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