PowerPool Community!

We're excited to share the latest developments and achievements from May.

Read more and get detailed insights in the full update: https://medium.com/powerpool/powerpool-monthly-update-25-may-2024-baac18decd3e

PowerAgent V2 Network Stats:

- New deployment on Base L2, soon open for all Base users!
- Contract updates: lastVrfRequestAtBlock, getRequestData, and slashing epoch changes.
- Node updates: job blacklisting fixes, off-chain resolver scripts, and Docker containerization.

PowerAgent Code & UI Updates:

- Significant improvements in contract and node functionalities.
- dApp updates: streamlined components, fixed deprecated products, and enhanced liquidity operations.
- UI/UX overhaul: revised menu structure, quick improvements, and style changes.
- Subgraph updates: new models and deployments on Gnosis, Arbitrum, Ethereum, and Polygon.

R&D Highlights:

- Partitura: Alpha version of its UI for PowerAgent Jobs launched, preparing for a full launch.
- Breadchain: Mainnet deployment on Gnosis Chain and upcoming launch party.
- SupremeDAO: Launch of Genesis Strategy and groundwork for new strategies like SupremePool & L2 Yield Harvester.
- Ongoing support for PowerAgent V2 testnets, including testing, bug fixing, and incentivization CVP airdrops.
- Preparation for PowerPool Points integration in collaboration with Samudai’s “Points as a Service” protocol.

Content Updates:

- Published “EIP-3074 Explained” article.
- Reshaped PowerAgent’s narrative and updated the PowerPool Gitbook.
- Prepared content for Binance Learn2Earn campaign.
- Created numerous tweets showcasing PowerAgent’s features and use cases!

Community News:

- Special AMAs with SupremeDAO, Paladin, and Gotbit Hedge Fund.
- New "Old Friend of PowerPool" badge on DeBank.
-Expanded presence on Phaver, Hey, and Warpcast!

Join the PowerPool Socials to stay tuned for more updates and join us as we continue to innovate in the world of #DeFi and #Web3 automation!

https://x.com/powerpoolcvp/status/1794472441831452849

$CVP $ETH $GNO

#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:

https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0

Check the thread: https://twitter.com/powerpoolcvp/status/1786010234265215175

$CVP

What sets the PowerAgent Automation Network apart from other solutions?

https://x.com/powerpoolcvp/status/1799063114970767605

✅ Unlike other projects that require running multiple complex validation nodes, #PowerAgent is a small, lightweight #node client.

✅ #PowerAgentv2 can be run on top of any #Ethereum #validator and, in the future, on any #EVM chains.

✅ PowerAgent’s streamlined design ensures it's accessible and easy to manage, making it ideal for various #DeFi needs.

✅ PowerAgent provides powerful #automation capabilities without the need for massive and complex node setups.

Learn more: https://docs.powerpool.finance/powerpool-and-poweragent-network/power-agent/architecture

$CVP $ETH $GNO

Why is automation essential in modern DeFi, especially for AMMs?

https://x.com/powerpoolcvp/status/1798722419865100664

✅ AMM design has surpassed the point where average users can or should passively LP responsibly.

✅ To effectively LP in AMMs now, automation services like PowerAgent are crucial.

✅ Similar stories can be told across various DeFi primitives, highlighting the need for automation.

✅ PowerAgent facilitates DeFi operations, ensuring they are not only useful but also protect your capital.

Get started with PowerAgent: https://docs.powerpool.finance/powerpool-and-poweragent-network/power-agent/marketing-content

What is the main philosophy behind PowerAgent?

🟦 The design philosophy of #PowerAgent is entirely consistent with the ethos of #Ethereum!

🟦 #PowerAgentv2 emphasizes fully decentralized, permissionless home staking on modest hardware.

🟦 #PowerPool shares the same ethos of small-scale, low-cost home #staking.

🟦 Thanks to our partnership with Dappnode , most crypto enthusiasts can run a Keeper and join the PowerPool-PowerAgent Community.

Get Started Today: https://powerpool.finance/

https://x.com/powerpoolcvp/status/1798422033019118041

$CVP $ETH $GNO

Attention #PowerAgentv2 #Keepers!

The latest round of $CVP rewards is here for your unwavering commitment and active engagement in driving the growth of #PowerPool!

Once again, we are distributing 3000 CVP to 30 outstanding testers on the Gnosis Chain and Sepolia networks.

Check out the proof of distribution here: https://etherscan.io/tx/0x05505b6ffd2fd937f8c2d1a213e1c870666b04d70aee53d8e4adf31a878eb1de

A massive shoutout to each and every one of our incredible testers, your contributions are the bedrock of our success!

$GNO $ETH

https://x.com/powerpoolcvp/status/1798053320705380852

Why the PowerAgent is an important Keeper Network for future of Web3?

https://x.com/powerpoolcvp/status/1797982486258917560

⚙️ Automation services industry is a very fast-growing market.

⚙️ @PowerPool R&D team has forecasts where up to almost 40% percent of on-chain transactions in the future will be run by "Transaction Signing as a Service" networks.

⚙️ We believe that there is potentially a very large home-staker/validator/Keeper fee market that with PowerAgent nodes, almost anyone can access with low-cost hardware.

Start your automation journey today:

https://docs.powerpool.finance/powerpool-and-poweragent-network/power-agent/user-guides-and-instructions

Learn more:

https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0

$CVP

Why is PowerAgent an accessible and efficient solution for DeFi automation for everyone?

🔷 Thanks to DAppNode, setting up and running a PowerAgent node is straightforward, super easy, and user-friendly.

🔷 The partnership of PowerPool and DeBridge ensures that the $CVP staking token is available on every EVM chain we deploy on, making the PowerAgent v2 network highly accessible.

🔷 PowerAgent operates across numerous EVM chains, providing a wide-reaching, decentralized automation network.

🔷 Accessible with low-cost nodes and hardware, making it an efficient solution for various DeFi needs for anyone.

🔷 Keeper nodes running on many EVM chains ensure robust and reliable network operations.

🔷 Low-cost hardware requirements make it an economical choice for decentralized automation and available for anyone.

Join @PowerPool and become a PowerAgent Keeper today!
https://docs.powerpool.finance/powerpool-and-poweragent-network/powerpool-overview/how-to-contribute

https://x.com/powerpoolcvp/status/1797654360136003749

Good morning, #DeFi believers!

Let's welcome summer together, and rest assured that your #automated strategies on #decentralized protocols are working for you with #PowerAgent while you enjoy the summer time!

Get started here: https://docs.powerpool.finance/powerpool-and-poweragent-network

https://x.com/powerpoolcvp/status/1796793061957140737

$CVP

Attention PowerPool Community!

Fresh monthly stat dynamics from the #PowerAgentv2 incentivized #Testnet have arrived from #GnosisChain, #Sepolia and #Arbitrum One!

Here are the key highlights from the month of May:

🔹 An influx of new Keepers joining PowerAgent across all networks,
🔹 Mainnet Jobs are beginning to arrive,
🔹 These Jobs are boosting the throughput of #PowerAgent,
🔹 Keepers are enjoying an additional revenue stream through gas compensations and automation fees!

Curious about what's brewing behind these stats?

Dive into our latest monthly report for all the details: https://medium.com/powerpool/powerpool-monthly-update-25-may-2024-baac18decd3e

Stay connected with #PowerPool for more updates on the horizon.
https://link3.to/powerpoolcvp

Exciting developments await for #Automated #DeFi!

https://x.com/powerpoolcvp/status/1796555325371204063

$CVP $ARB $GNO

#PowerAgent Testers!

We’re delighted to announce the latest round of $CVP airdrops for Week 22, 2024, based on #PowerAgentv2 Keeper activity.

This week, we’re awarding 100 $CVP each to the top 30 most active and high-performing #PowerAgentv2 testers on #GnosisChain and #Sepolia!

Check out the transaction details here: https://etherscan.io/tx/0xb01b38944e66211372138d28bcb63aa1ba05b99f1fe5fa6e3a7cb28e881224de

A huge thank you to our incredible contributors for your unwavering dedication to #PowerPool!

https://x.com/powerpoolcvp/status/1796180325153783954

Why join PowerAgent and @PowerPool DAO?

https://x.com/powerpoolcvp/status/1796144666062073998

✅ Fair Launch DAO:

#PowerPool is a fair launch #DAO.

✅ Standalone Global Service:

#PowerAgent network by PowerPool is a global service network not tied to any single #Layer1 ledger or #Layer2 scaling layer, capable of running on most major #EVM chains.

✅ Low Hardware Requirements:

The #PowerAgentv2 is a network of independent, fee-earning nodes with minimal hardware requirements, suitable for all EVM #chains needing #automation services.

✅ Broad Service Network:

The PowerAgent v2 network will be broad, running across many chains, providing a safe environment for participation.

✅ Earning Fees:

#Node runners/Keepers can earn native token fees, with #gas costs refunded, ensuring fair participation.

Join us: https://docs.powerpool.finance/powerpool-and-poweragent-network

$CVP

Configurability of PowerAgent:

https://x.com/powerpoolcvp/status/1795822204849983863

✅ Highly Configurable:

#PowerAgent allows for detailed customization of event triggers, job specifications, and minimum signing requirements, all managed job-by-job.

✅ Versatile #Automation:

You can run both simple, low-value tasks and mission-critical, high-value jobs on the same network. Different Keeper sets can be configured through an online interface, offering flexibility and ease of use.

Trustworthiness of #PowerAgentv2:

✅ Randomized Execution: Tasks are executed by randomly selected Keepers within a specified signer set, ensuring impartiality and security.

✅ Keeper Accountability:

Keepers have significant $CVP stakes, ensuring they have 'skin in the game'. If they fail to execute a task, they can be slashed by other Keepers who are always monitoring and keeping them honest.

Get started: https://docs.powerpool.finance/powerpool-and-poweragent-network

#Decentralized "Transaction Signing as a Service" networks, like #PowerAgent enrich #blockchain ecosystems!

How Exactly? 🧵👇

https://x.com/powerpoolcvp/status/1795782327403982933

They offer a range of benefits:

- Enable the creation of cutting-edge automated #DeFi strategies,
- Allow to abstract complexities from end-users,
- Lower the entry barrier for new #validators!

At #PowerPool, we have developed an optimized solution for reliably and cost-effectively #automating any user-submitted or #AI-generated #onchain flows.

Our approach integrates the outcomes of extensive academic research, incorporating key mechanisms such as:

- Random Keeper Selection,
- Algorithmic Slashing,
- #Gas optimization!

Find all the details about #PowerAgentv2’s working principles:

https://medium.com/powerpool/decentralized-automation-of-on-chain-operations-a-mechanism-design-example-6cd11810cc9a

$CVP $ETH $GNO

PowerAgent's Autonomous Execution:

✅ Independent Execution: #PowerAgent v2 ensures that job execution is entirely autonomous and independent of the client protocol. Even if you’re launching a brand new protocol, you earn trust points by using #PowerAgentv2 for job execution.

The Importance of Decentralization:

✅ Avoid Regulatory Red Flags: Running your own local Keeper bot can raise red flags for regulation and #decentralization activists. It's crucial to use a #decentralized solution like PowerAgent.

✅ Decentralization and Trust: Decentralization advocates like Chris Blec will scrutinize centralized keeper bots. Specifying an eligible signer set and ensuring that your Keeper set has sufficient ‘skin in the game’ is vital for high-value, mission-critical tasks.

https://x.com/powerpoolcvp/status/1795519532234052094

$CVP

#PowerAgent v2 is a #dePIN network offering “Transaction Signing as a Service” to any user and protocol that wishes to streamline their daily #onchain transactions and #smartcontract interactions.

What does this mean? Here's a breakdown 🧵👇

https://x.com/powerpoolcvp/status/1795179586084376597

$CVP

#PowerPool Finance has officially joined Orb Club, a vibrant platform designed for artists, creators, degens, and YOU!

Powered by Lens Protocol, Orb Club is where fun meets Web3, and now let’s call it #Automated #Web3!

Discover the best of #DeFi #automation solutions by #PowerAgent with us and be part of our growing community.

Follow us on Orb Club to stay updated on all things PowerPool!

Check out our profile and follow us on Orb Club: https://orb.club/@powerpool

https://x.com/powerpoolcvp/status/1795127390747725890

$CVP

GM to all #DeFi army!

Let’s automate the #DecentralizedFinance and #Web3 with #PowerAgent all together!

Check our latest report 👇

https://x.com/powerpoolcvp/status/1794660683327611075

$CVP

PowerAgent Automation Network in basics:

✅ Comprehensive Automation: The #PowerAgentv2 #Automation Network is a network of Keepers that execute transactions or Jobs, encompassing on-chain strategies, algorithms, and more.

✅ Versatile Functionality: From #LimitOrders and #DCA strategies to #liquidation protection and Uniswap V3 position management, PowerAgent can handle it all autonomously.

✅ Trustworthy Execution: PowerAgent ensures that all your #onchain tasks are performed reliably and efficiently by a decentralized network of Keepers.

Vasily Sumanov

https://x.com/powerpoolcvp/status/1794346017606832467

$CVP $UNI $ETH

PowerAgent: A Comprehensive Automation Toolkit!

✅ Fully Generalized Toolkit: #PowerAgentv2 packages all event-driven functionalities into one flexible solution.

✅ Versatile Capabilities: From low-value simple tasks to high-value mission-critical operations, #PowerAgentv2 handles it all with its generalized task #automation and off-chain computing capabilities.

Why Join the #PowerAgent Network?

✅ Open Participation: Anyone can spin up a PowerAgent Keeper node and join the network.

✅ Stake Requirement: Participants need to stake the $CVP token, ensuring ‘skin in the game’.

✅ Scalable Network: This approach facilitates the growth of large Keeper sets across numerous #EVM chains.

https://x.com/powerpoolcvp/status/1794048024269771204

$CVP