Gelato Network
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Gelato Network

Gelato Community Update 07/19/2021

Sorbet Finance upgrade, Limit Order Library debut, and the GEL token launch is coming closer — things become sweeter at Gelato

What a crazy and jam-packed month it’s been over here at the Gelato Network. As always, we have been working hard to continue to deliver the latest and greatest automated protocol features in Decentralized Finance.

Sorbet Finance Major Upgrades, G-UNI, and More

Forget about all of your worries when staring at charts trying to pick the perfect moment to enter a position or trying to manage your own liquidity provision within Uniswap V3 and let Gelato’s Executors handle all of that for you. With major upgrades to Sorbet Finance, placing Limit Orders on Ethereum Mainnet and Polygon has never been more of a breeze. Clearly identified buy and sell features play a part in the major upgrade with an optimized and faster Limit Orders experience.

After many months of internal testing and optimization, G-UNI will be out the door and ready to go in the near future. Keep a close eye on Sorbet Finance for an official release of Gelato Network’s Automated Rebalancing Strategy G-UNI in the upcoming weeks. Our very own Ari Rodriguez believes that “Automated Uniswap v3 liquidity provision is a game-changer, it will come as no surprise when other protocols start to implement G-UNI alongside their operations.

SpiritSwap Integrates Native Limit Orders

Speaking of automation, just like dominos, after one falls the rest of them follow suit. This is why we are proud to announce another Limit Order integration on a leading Fantom DEX SpiritSwap, powered by Gelato.

Limit Orders on SpiritSwap

Gelato’s Limit Order Library

If you haven’t heard already, here are our brand new limit-orders-lib and limit-orders-react npm package releases. These two libraries provide an easy one-stop solution for developers to hook up native Limit Orders to their AMM or other DEX of choice — in as little as 10 minutes! The smart contract components of the limit order system have been audited by Certik.

One of the key aspects of the Limit Orders system and the libraries: The subgraph component

Gelato Was Featured on The Defiant

Our Growth Lead David Liebowitz sends the week off with a bang with an article published on The Defiant “The DeFi Future is Automated which is a must-read. Dave touches on what the future of DeFi will look like as more protocols start to adopt automated strategies with different approaches following in Gelato’s steps. Anything that can be automated, will be automated.

Also, in case you missed it, Dave has a podcast The DeFi Scoop where he chats with cool peeps about everything DeFi, and of course, the latest scoop.

Gelato Is Hiring

Last but not least, we’re hiring. Come join our growing team dedicated to building web3’s automation protocol! Please find the open roles we’re looking for.

About Gelato Network

Gelato Network is Web3’s premier automation network, enabling developers to automate a wide variety of arbitrary smart contract executions on and across all EVM-based compatible blockchains such as Ethereum. Examples of use cases developers have built on top of Gelato include Limit Orders on AMMs like Uniswap, automatic compounding of yield farming vaults, Aave liquidation protection, MakerDAO debt ceiling updates, automated liquidity management, and even the petting of Aavegotchis.

Our ultimate goal is to automate everything and by giving developers the reliable tools they need to do this, we can empower their users to get the most out of their Web3 experience.

► Read more about our upcoming 🍦GEL token sale🍦
► Check out what we’ve been working on at 🍦🍦

Connect with us:

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