Introducing Gelato Ops: Web3’s Multi-Chain Smart Contract Automation Hub
TL;DR:
- Gelato Ops enables web3 developers to automate tasks via an easy-to-use interface
- Example use cases that are already live include: harvesting yield vaults every day, paying out rewards daily, topping up contract balances, or petting Aavegotchis every 12 hours
- Gelato will charge 0% fees until the end of 2021
Over the past year, Gelato has made tremendous strides in becoming the automation layer of DeFi. A wide variety of protocols rely on it every day. These automation use cases range from powering limit orders natively on leading AMMs such as QuickSwap, SpookySwap, and SpiritSwap, collateral protection for Aave on platforms such as Instadapp, and Cono Finance, and G-UNI; the most widely adopted automated liquidity management solution on Ethereum by TVL.
These integrations demonstrate Gelato’s composability and why it has emerged as one of the key “Infrastructure Lego Bricks” in the evolving web3 stack. Building on this momentum, today, Gelato is launching its newest product which enables web3 developers to easily automate arbitrary, protocol specific “tasks” via a simple to use dashboard called Gelato Ops.
Using Gelato Ops, developers can input the contract address and function they want to automate, when they want to automate it, and how they will pay for it. Having submitted this information as a “task”, it will be picked up by Gelato Executors and executed at the right time. Developers can monitor past transactions, manage their budget, and debug their tasks. Payments can be in the network token (ETH, MATIC, or FTM) and soon with other tokens, including DAI or USDC.
Successful Gelato Ops Beta
Gelato Ops is already in use by some of the most innovative projects in DeFi, NFTs, and gaming:
- QiDAO for harvesting rewards and compounding them daily
- B.Protocol for executing arbitrage trades
- Unicly for creating and distributing daily rewards to stakers
- Parcel for automating salary payouts for DAOs
- Staking Facilities for topping up different addresses once they go below a certain threshold
- ETHA Lend for harvesting their vaults
- GotchiCare for petting Aavegotchi NFTs every 12 hours
- Plus many more awesome projects…
Instead of manually triggering functions or having to build and monitor their own bot infrastructure, developers can rely on Gelato Ops to automate any arbitrary task on most EVM-based blockchains. Gelato Ops will be live on Ethereum, Polygon, Fantom, and Arbitrum — with more networks to come.
Gelato’s mission is to automate everything and with Gelato Ops, developers can easily automate their everyday activities in the permissionless manner they come to value and expect in a web3 world.
Check out the video on YouTube and read the tutorial on how you can create tasks on the Gelato Ops. As always, we’re here to help you with your onboarding needs. If you are a project interested in Gelato Ops, please fill out this form or write to us on Discord or Telegram.
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://gelato.network/🍦
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