Gelato Brings Automation to Moonbeam Network
Gelato is now live on the Moonbeam Network.
Today, we are excited to announce that we have deployed our automation infrastructure to the Moonbeam Network, a smart contract platform that unites the best of Ethereum and Polkadot into one seamless experience for developers. Gelato’s world-class automation suite is now available for all developers and users who want to automate their activity on Moonbeam. Gelato is live on ten networks, including Ethereum, Polygon, Fantom, BNB Chain, Avalanche, Arbitrum, Optimism, Gnosischain, and Cronos, making Gelato the largest multi-chain automation protocol, serving most of the L1 and L2 networks.
“The service that Gelato offers is amazing for developers in our ecosystem,” says Nate Hamilton, Ecosystem Lead for Moonbeam. “Automation provides smart contract developers with the ability to create settings that ensure their goals are met without needing to continually monitor activity.”
Launched in 2020, the Moonbeam Network is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable dapps. There are over 30 dapps live today, with dozens more about to be deployed, including DeFi, gaming, NFT, APIs, bridges, and marketplaces. In the months since launch, Moonbeam has generated over 5 million transactions, which makes it one of the fast-growing networks.
Gelato has already proven itself as the go-to automation solution for Ethereum and beyond, and Moonbeam’s flexibility, low-gas fees, and quick transactions create the ideal environment for Gelato to thrive in the multi-chain world. Web3 developers can simply deploy the existing Solidity-based smart contracts on Moonbeam and go multi-chain effortlessly with little to no changes. With Gelato, developers now can automate their smart contract executions on Moonbeam to achieve simple recurring DevOps tasks, such as automated yield harvesting and compounding, setting and fetching, TWAP, token rebasing, DAO automation, and other fully-fledged automated features.
“Moonbeam has been on our radar for some time now and we are very happy to have Gelato Network’s infrastructure finally live on Moonbeam. Overall traffic, community involvement plus network support have always been the most important factors for us to consider whenever choosing the chain we want to deploy to. Moonbeam foundation has been very supportive throughout the process and we are very excited to bring our multi-chain automation solutions to projects in the Moonbeam ecosystem.” — Madeline Li, Legendary Member of Gelato Network
The future of Web3 is multi-chain.
Stay tuned for more announcements about Moonbeam development very soon!
About The Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Following Moonriver’s tremendous success on Kusama as the most active deployment destination for over 80 DApps, Moonbeam benefits from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot. Learn more: https://moonbeam.network/.
About Gelato Network
Gelato Network is web3’s automation network, enabling developers to automate & relay arbitrary smart contract executions on and across all EVM-based compatible blockchains such as Ethereum.
Gelato’s goal is to provide developers with a reliable, scalable & decentralized network to which they can outsource all of their web3 related DevOps operations.
Examples of which features are powered by Gelato include:
- Limit Orders on PancakeSwap
- Periodically updating debt ceilings on MakerDAO
- Offering users gasless token claims on Connext
- Automatically compounding yield farming vaults on Beefy Finance
- Automating the breeding of new digital racehorse NFTs on ZED RUN
- Rebasing of algorithmic stablecoins with Tomb Finance
- Updating price oracles on Abracadabra
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► Check out what we’ve been working on at https://www.gelato.network
► Automate your smart contracts at https://app.gelato.network/
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