Fresh Update from #PowerPool: Bi-Weekly Report!

🔗 Dive into the full update and join the automated revolution: https://medium.com/powerpool/powerpool-biweekly-update-13-december-2023-58ed40f8483a

#ETHGlobal: Hacking in Bengaluru, advancing #DeFi with PowerAgent's automated yield strategies – a true believer's dream for easy #ETH gains on Arbitrum.

#PowerAgentv2 Testnet: Steady growth on @gnosischain, with a thriving Keeper network. Thanks to our Builders, we're decentralizing the future.

Jobs Galore: Nearly 1000 Jobs created on #Sepolia testnet, testing our network's mettle. Big thanks to our testers – enjoy your 3000 $CVP!

Tech Tweaks: #PowerAgent code & UI updates for a seamless Keeper experience. #Arbitrum's ready, are you?

#AMA Recap: Insights from our Community Call & #BinanceLive session. We're not just building – we're educating and expanding.

https://twitter.com/powerpoolcvp/status/1734966124259729662

PowerPool DAO, we have a new Proposal from BreadChain !

Read the full proposal here: https://gov.powerpool.finance/t/proposal-grant-for-breadchain-cooperative-integrations/2007

We're thrilled to unveil #Breadchain Cooperative's new Proposal for #PowerAgentv2, marking a significant step in our journey towards innovative, post-capitalist applications of crypto and automation.

This collaboration will see the integration of Breadchain with PowerPool for three distinct use cases, leveraging the #PowerAgent v2 network on #GnosisChain.

-Enhancing the Bread Crowdstaking Application with automated distribution of yield among federation projects.
-Streamlining BREAD token management and ensuring liquidity availability on DEXs.
-Facilitating the conversion of EigenLayer rewards into BREAD for users.

There will be articles and insights on social media about how #PowerPool's automation can revolutionize post-capitalist #crypto use cases, using the implementations as examples.

These integrations will demonstrate the versatility and efficiency of PowerAgent in automating on-chain protocol operations, including governance and treasury management.

#Breadchain is dedicated to advancing a progressive vision for blockchain technology. Their focus on developing "solidarity primitives" aligns perfectly with PowerPool's vision of an automated, decentralized future.

Breadchain's innovative work will be supported with a grant of $20,000 in CVP tokens if proposal will be passed with an approval.

Stay tuned for more updates as we embark on this transformative journey with Breadchain, pushing the boundaries of #DeFi and #automation!

https://twitter.com/powerpoolcvp/status/1735318950001451110

#PowerAgent Testers, your efforts have been rewarded!

#PowerPool is excited to acknowledge the exceptional work of our dedicated testers in enhancing the #PowerAgentV2 network.

This week, we're honoring 30 remarkable testers from both the #GnosisChain and #Sepolia testnets. Each of you has earned a bonus of 100 $CVP!

Witness the reward distribution here: https://etherscan.io/tx/0x2fa094c61b58e61a204aa80ead384feb27da5114f54576258132afbf4a990166

We extend our heartfelt gratitude to every tester for your crucial role in shaping the #PowerPool Smart Contract Automation Network!

https://twitter.com/powerpoolcvp/status/1735653679745663473

The center of the whole #crypto universe, we all know, are the various #Layer 1 and L2s that are the core of crypto.

But what most people don’t know is that these don’t really do useful work without two ancillary networks alongside. One of these ancillary networks is an oracle network to provide off #chain data.

But what really isn’t very well known is that the other kind of ancillary network that facilitates useful crypto is a #autonomous, #decentralized trustworthy #automation network, exemplified by #PowerAgent.

Gordon Gekko - #PowerPool Chief Strategist

https://twitter.com/powerpoolcvp/status/1736339400567451743

Something cool is being cooked in the #PowerPool Kitchen, and it smells yummy! 👀

Can't wait to reveal it, so excited! 😤

#PowerAgentv2

https://twitter.com/powerpoolcvp/status/1736819928693715382

In the very early days of #crypto, everything was manual. All the manipulations and transactions were manual.

However, almost all of the data required to make those decisions in most cases was right there on the #chain, or available from #oracles.

So the only thing that was missing was a reliable way to trigger automated execution from outside the chain.

And that’s what automation networks do. #PowerPool

GordonGekko - PowerPool's Chief Strategist

https://twitter.com/powerpoolcvp/status/1737194126280413587

#PowerPool DAO, #Proposal 64 is live for voting!

Introducing "Grant for Breadchain Cooperative Integrations" - a proposal to fund #Breadchain's integration with PowerPool for innovative use cases in a post-capitalist framework.

🔗 Dive into the details and cast your $CVP votes: https://snapshot.org/#/cvp.eth/proposal/0x0129b5271e0c2be250381097caf2861515e8142c4cb52d1bf759a82d7bfdead9

- Automated Yield Fund Disbursement: Streamlining the distribution of yield from Bread Crowdstaking Application.

- Treasury Management & Liquidity Optimization: Enhancing BREAD token utility and ecosystem liquidity.

- Automated EigenLayer #BREAD Rewards: Facilitating the conversion of EigenLayer rewards into BREAD.

- This collaboration aims to leverage PowerPool's #PowerAgentv2 on #GnosisChain, automating key on-chain operations and showcasing PowerPool's potential in diverse applications.

Plus, Breadchain will promote PowerPool in their community, expanding our reach and impact.

Your vote is crucial in shaping this innovative partnership and expanding PowerPool's ecosystem.

Cast your vote now!

https://twitter.com/powerpoolcvp/status/1737464819354075570

It is time to reveal the "Big News"!

#PowerAgentv2 is Launching on the #Ethereum Mainnet!

Get ready for a game-changer in #DeFi automation with #PowerAgent's @Ethereum mainnet launch. This is a huge leap for #PowerPool, bringing unparalleled decentralized automation to one of the most dynamic #blockchain ecosystems.

🔗 Read more about this exciting development here:
https://medium.com/powerpool/poweragent-is-launching-on-the-ethereum-mainnet-6af151b15797

📢 Join the special AMA session hosted by DappNode on December 21 to dive deep into PowerPool's world and learn about setting up your PowerAgent Keeper node.

📅 Mark your calendars: PowerAgent goes LIVE on Ethereum on December 21, 2023!

🔗 AMA Event: https://discord.com/events/747647430450741309/1186467183149195355

Thanks to our partnership with #DappNode, setting up a PowerAgent Keeper node is now a breeze. Earn extra $ETH by providing top-notch automation services.

Launch Phases:
1️⃣ Pre-deployment: Internal testing and gradual invitation to Ethereum node runners.
2️⃣ Mainnet Alpha: Expanding the network with Ethereum validators/node runners and continuous community education.
3️⃣ Full Launch: Complete deployment with actual $CVP tokens for Keepers' staking.

💻 Ethereum node operators, seize this opportunity to earn extra# ETH with PowerPool.
Apply here: https://forms.gle/1voSFN7yo9dCS93E6

🛠️ Builders, integrate decentralized automation into your projects with PowerPool Builder Grants.
Apply now: https://builder.gitcoin.co/#/chains/1/rounds/0xfaf7c654cc14cdeed889685a2a74bf9a2f314ca0

PowerPool's mission is to enrich the Ethereum ecosystem with cutting-edge automation, connecting builders and advancing the automated web3 experience.

PowerAgent v2 is your key to efficient, reliable on-chain automation. Register your tasks and let PowerAgent handle the rest, ensuring seamless operations for protocols, dApps, and users.

https://twitter.com/powerpoolcvp/status/1737563705133449316

PowerPool x DAppNode AMA Event is at 4pm UTC!

📆 Don't miss out! December 21th is the day PowerAgent makes its grand debut on #Ethereum, and #DappNode is hosting an unmissable AMA session with #PowerPool!

Dive into the world of #PowerPool and discover the ease of setting up your #PowerAgent Keeper node. It's your chance to contribute to the network and earn extra $ETH!

Join us for this insightful session: https://discord.com/events/747647430450741309/1186467183149195355

Learn directly from the experts and get all your questions answered. See you there!

https://twitter.com/powerpoolcvp/status/1737818225088283122

#PowerAgent Testers!

The latest batch of $CVP rewards for your invaluable contributions to #PowerPool has just been rolled out!

PowerPool community is immensely appreciative of your efforts in enhancing the #PowerAgentv2 network. In recognition of your exceptional performance, we're distributing a total of 3000 #CVP among the top 15 testers across both networks this week!

For proof of distribution, check here: https://etherscan.io/tx/0x648639e302369d8981f56e101a08d95f380e1e553ba854d8e876798a7e1fbd02

A heartfelt thank you to each one of our dedicated testers. Your commitment is pivotal in shaping PowerPool's movement and the broader landscape of web3 automation.

Your contributions are driving us forward into the Ethereum ecosystem and beyond!

https://twitter.com/powerpoolcvp/status/1738200715858780402

🎄 Happy Holidays from PowerPool to the #DeFi & #Web3 Communities! 🎄

Wishing you all joy, peace, and prosperity. Here's to a fantastic 2024!

🌟 Merry Christmas and a Prosperous New Year! 🌟

https://twitter.com/powerpoolcvp/status/1738931883063365940

Introducing Easy Limit Orders with #PowerAgent

Gone are the days of manual execution on #DEXes - now, users will be able to effortlessly place limit orders for tokens just like on a #CEX, all thanks to #PowerAgent!

The PowerAgent limit order "factory" will soon be available on #GnosisChain and #Ethereum, offering an innovative solution for seamless trading.

Users will be able to deploy a limit order Resolver for PowerAgent with ease, specifying the desired token and price for buying or selling. PowerAgent Keepers will diligently monitor the price and execute the order as soon as it reaches the specified threshold.

This simple and hands-off approach exemplifies the convenience that #PowerPool offers to its users.

Keep an eye out for more updates as we continuously enhance the capabilities of #PowerAgent, bringing seamless automation to the #ETH ecosystem!

https://twitter.com/powerpoolcvp/status/1739317737183216115

#PowerPool Chief Strategist Gordon Gekko:

"No one really knows what the potential size of the #automation market is, or how it will be divided between ChainLink , Gelato , and Powerpool / #PowerAgent.

These solutions each have radically different architectures.

They have different sweet spots and there’ll be a lot of marginal overlap between where developers decide to assign their tasks."

https://twitter.com/powerpoolcvp/status/1739674409948807590

#PowerAgentv2 is officially launching on the #Ethereum Mainnet!

This marks a monumental moment for #PowerPool, introducing a new era of #DeFi automation to one of the most vibrant #blockchain networks. #PowerAgent is on the way!

Dive into the details here: https://medium.com/powerpool/poweragent-is-launching-on-the-ethereum-mainnet-6af151b15797

https://twitter.com/powerpoolcvp/status/1740077553614729338

#PowerAgent Safeguards Against CDP Liquidations!

When a user borrows funds from a lending/borrowing market such as #AAVE, they are constantly exposed to the risk of CDP liquidations in the event of a market downturn.

Traditionally, users had to vigilantly monitor the "health" of their debt position and adjust it based on collateral volatility to protect their CDP. However, PowerPool renders these laborious tasks obsolete and unnecessary. Why bother with manual oversight when a network of Keepers can safeguard your CDP automatically, reliably, and in a decentralized manner?

By setting up an automation Job in #PowerAgent, users can entrust Keepers to monitor their "health ratio" every block around the clock and recapitalize their CDP when necessary!

Discover more about the diverse applications of PowerAgent here: https://medium.com/powerpool/poweragent-automation-network-value-proposition-functions-f40fd71d817e

https://twitter.com/powerpoolcvp/status/1740447247693717675

We've noted the recent announcement regarding the delisting of privacy tokens by OKX, including $CVP. It's important to clarify that $CVP is not a privacy token. This categorization inaccurately reflects our token's nature and usage, potentially impacting PowerPool's standing within the community.

We respectfully request a review of this decision and announcement and seek your support in correcting the public record to avoid further reputational impact.

Sincerely,
The PowerPool Team

https://twitter.com/powerpoolcvp/status/1740784522747093375

PowerPool started off focusing on #DeFi automation.

PowerPool wrote some of the earliest automation optimization vaults like #Yearn Lazy Ape ($YLA) and things like that, but rapidly realized that rather than do specialized one off automation, the best thing to do is to create a generalized automation network because then you can do work for a wide variety of asset managers, promoters, protocols, you can have a client base to share the cost of the network. …

#PowerAgentv2 incorporates all the learning and experience that #PowerPool has accumulated in years of launching and operating automated vaults and baskets.

by Gordon Gekko - PowerPool's Chief Strategist

https://twitter.com/powerpoolcvp/status/1741233958132515203

Happy new year to all!

PowerPool's 2023 Recap: A Year of Breakthroughs and Innovation!

🔗 Dive into our detailed 2023 recap and discover what's next for PowerPool in 2024: https://medium.com/powerpool/powerpool-in-2023-a-recap-765f0787b6d2

As 2023 comes to a close, we at #PowerPool reflect on a year filled with significant strides in decentralized #automation. Let's take a moment to celebrate our key achievements and set our sights on an even more ambitious 2024!

Major Milestones:

-Launched #PowerAgentv2 on #GnosisChain & Ethereum, bringing advanced automation to the #web3 world.
-Nearly 200 Keepers on #Gnosis facilitated over 42,000 Jobs, showcasing our network's robustness.
-Expanded to #Ethereum & #Arbitrum, with active testing and preparation for a wider launch.

Ecosystem Growth:

-Introduced PowerPool Builder Grants, empowering developers with up to $20,000 for innovative projects.
-Forged strategic partnerships with #Daoism Systems, #Partitura, and #Breadchain, integrating #PowerAgent into diverse applications.

Strategic Partnerships:

-Collaborated with #DappNode, #deBridge, and #Gitcoin #GrantsStack, enhancing our network's reach and capabilities.
-Sponsored #ETHGlobal Istanbul & #ETHIndia, demonstrating PowerAgent's potential in hackathons.

Community Engagement:

-Hosted multiple #AMA events across platforms, engaging with our DAO and friendly communities.
-Grew our presence on Twitter, Telegram, Medium, #Binance Feed, #DeBank, and #CoinMarketCap.

Academic Research:

-Conducted groundbreaking research on Keeper Selection Mechanisms and 128-Bit Logarithms, setting new standards in decentralized automation.

Looking Ahead:

-Our 2024 roadmap is packed with multi-chain deployments, ecosystem expansion, and community-driven projects.
-We're committed to building a diverse web3 ecosystem using PowerPool automation.

A Big Thank You:

Your support, feedback, and enthusiasm have been the driving force behind our success.
We're excited to embark on another year of innovation and growth with you!

https://twitter.com/powerpoolcvp/status/1741240628480979213

Happy New Year from PowerPool!

As we bid farewell to 2023 and welcome 2024, we at #PowerPool want to extend our heartfelt gratitude and best wishes to our incredible community and the broader #DeFi space!

https://twitter.com/powerpoolcvp/status/1741497073827037276

We are targeting all #Ethereum NOs/validators because adding #PowerAgent allows them to earn more from their nodes by doing almost nothing different.

So now every @Ethereum node operator/validator will be able to add the PowerAgent node to his stack, register on the network, and begin signing transactions to earn even more #ETH.

PowerAgent is now an additional wealth-generating opportunity for Ethereum node-runners becoming Keepers that costs almost nothing extra, especially if the initial $CVP stake is available via grants.

Vasily Sumanov

https://twitter.com/powerpoolcvp/status/1741910371533832526

#PowerAgent will enable enhanced #AMM position management!

To will get the highest APRs on modern AMMs like #Uniswap v3/v4, a LP is required to constantly monitor his position and adjust according to current conditions.

#PowerAgentv2 is perfectly suited to make this task as streamlined and efficient as possible. Users will be able to register their strategy through a Resolver Job, and #PowerAgent Keepers will regularly monitor and automatically rearrange positions as needed. Say goodbye to manual adjustments and hello to optimized returns!

Automated AMM position management will allow LPs to achieve the highest APRs by automating position adjustments according to current market conditions without any user input.

Get ready to maximize your earnings effortlessly!

Register your Jobs in the PowerAgent dApp: https://app.powerpool.finance/#/mainnet/ppv2/my-jobs

https://twitter.com/powerpoolcvp/status/1742285357092151439