The latest round of rewards for the #PowerAgentV2 incentivized #testnet is here!

Check out the proof of distribution here: https://etherscan.io/tx/0xff771cddb912d9983c25ae1b842e6356996b5f1fde4540d49432575bcf486f75

In week 15 of 2024, we recognized and rewarded the top 30 #Keepers who have been running the latest version of the #PowerAgent software.

Your hard work and dedication to #PowerPool are truly appreciated! Thank you all for your invaluable contributions!

https://twitter.com/powerpoolcvp/status/1777783488340500491

Such routine tasks like limit orders/stop losses, liquidation protection, and yield compounding shouldn’t require user’s involvement when they can be reliably automated.

Introducing #PowerAgentV2 - a low-cost, decentralized, and permissionless network of independent #Keepers who monitor and execute conditional on-chain tasks submitted by users.

Creating automation Jobs is a breeze with #PowerPool's intuitive UI. Say goodbye to manual tasks and let PowerAgent handle it all for you.

Enhance your #web3 experience now! Learn to create your first Job with PowerAgent:
https://medium.com/powerpool/introduction-to-job-creation-and-automation-with-powerpool-0a22d9989d39


https://x.com/powerpoolcvp/status/1778142669169979499

ZK-proofing and off-chain computations is critically important for the future of Keeper networks because many protocols have some -tasks based on- off-chain conditions to be correctly automated, and correctly executed.

This is very important and we think that one year from now, the landscape of Keeper networks will evolve and all major L1 networks will integrate some kind of infrastructure like #PowerAgent for off-chain events and off-chain computations because without them they just cannot move forward as there is a LOT of competition from alternative L1s.

Vasily Sumanov

https://twitter.com/powerpoolcvp/status/1778475417424285869

#Automation networks are the future backbone of #web3!

With the evolving complexity of #DeFi and the need to perform multiple on-chain actions daily, delegating these tasks to specialized #Keeper networks is becoming ever more widespread.

Outsourcing transaction signing based on predefined conditions is the new frontier of #blockchain efficiency!

Our vision? A fully automated web3 enabled by #decentralized Keeper networks.

Discover more about the future of web3 #automation: https://medium.com/powerpool/web3-automation-letters-ad7556cd0374

https://twitter.com/powerpoolcvp/status/1779077499101528435

One of the key innovative features of the #PowerAgentV2 network is automated slashing. No other #automation network in the market has truly automated slashing without multi-sig authorization or any manual action.

#PowerAgent will automatically slash #Keepers if they do not execute their transaction on time or on condition in an automatic mode ensuring proper incentives for Job execution.

Vasily Sumanov

https://x.com/powerpoolcvp/status/1779952713654038795

Great news for #PowerPool #DAO!

We've just updated the #PowerPool history to showcase all our latest achievements!

From the successful deployment of #PowerAgentv2 to the results from our ecosystem partners, new collaborations, latest developments, prototypes, and more - it's all there!

Curious to learn more about what we're up to? Dive into our updated history here: https://powerpool.finance/story/

https://twitter.com/powerpoolcvp/status/1780241347942760752

#PowerPool community!

Introducing the Game-Changing Liquidation Protection Template Prototype for #PowerAgentv2!

We've just launched the Liquidation Protection Template for #PowerAgent, a major leap forward in safeguarding #DeFi strategies against #liquidation risks.

Dive into the details here: https://medium.com/powerpool/introducing-liquidation-protection-template-for-poweragent-15494c15c24c

What's at stake? In #DeFi, using #lending markets is popular but comes with the risk of #liquidation if your #collateral value drops too sharply. Our new template helps manage this risk smartly and automatically with #PowerAgentv2.

Here’s how it works: Suppose you’ve borrowed funds with #ETH as #collateral. If $ETH's price drops close to a critical point, our #PowerAgentv2 can step in to adjust your collateral/#debt ratio by automatically repaying part of your debt, avoiding costly #liquidations.

The heart of this system is the #Liquidation Protection #Contract, currently aligned with #AAVE protocols but adaptable for any #lending service. It monitors and adjusts your health factor between set bounds to keep your assets safe.

Main features:
- Initialize with your chosen assets.
- Automatically deposit or adjust debt to maintain your desired health factor.
- Utilize #AAVE's #oracles and pools for real-time data and actions.

The real magic happens with our #PowerAgentv2 Keepers. If the designated #Keeper fails to execute the required action, another Keeper takes over, ensuring your position is always protected.

The balancing act is handled by a specialized function within the contract that checks your position's health factor. If it’s out of the desired range, the #contract adjusts by either repaying or increasing #debt.

The Resolver plays a crucial role by checking the health factor each #block and triggering the #balance function if necessary. This ensures continuous protection without manual intervention.

For emergency scenarios, the #contract includes an emergencyExit function, allowing users to withdraw their #funds if they get stuck unexpectedly.

With this new template, #PowerAgentv2 users can now manage their leveraged positions more confidently, knowing they have an automated system to maintain stability and prevent losses due to sudden #market shifts.

This prototype contract can be used separately or as a more generalized health-factor-keeping component for strategies of various complexity thanks to #PowerAgentv2!

This is just the beginning! We're working to expand this template for more complex #strategies and broader use cases across different platforms and assets with the #PowerAgentv2!

Join us in redefining risk management in #DeFi. With #PowerAgent's #Liquidation Protection Template, you will enjoy protecting your positions in the volatile moves of #crypto.

Again, here’s the deep dive into how it all works and how you can start benefiting today. We’re excited to see how our community leverages this new tool to secure and optimize their #DeFi activities. Share your thoughts and experiences with us!

https://twitter.com/powerpoolcvp/status/1780344637233787059

We have some great news for the #SmartContract Automation Space 👀

#ZK-powered #Automation is coming to #DeFi!

PowerPool teams up with #Resolfinity at #ETHGlobal Scaling #Ethereum 2024 #hackathon
We are building #GainVault - An #autonomous oracleless meta-vault using zk-proofed data and fully automated by #PowerAgentV2.

Let’s dive into the details and see how it will make the automation stronger 🧵👇

The #GainVault product:

-Deposit $USDC
-GainVault autonomously optimizes yield between #YearnFi vaults trustlessly using #ZK-proofed data as an input and the #decentralized #PowerAgentV2 network for transaction executions.

No traditional #oracle is required! Perfect right?

So, What are the details?

#GainVault leverages #ZK-storage proof of #yield per share to allocate tokens across different #YearnFinance vaults based on historic yield data. Not being constrained to just the current block protects users from yield volatility!

With automatic #rebalancing, #token distribution remains optimized for maximum returns.

GainVault’s proposed architecture is made of 4 parts 👇

The Tracking Module:

The module monitors the historic #yield per share ratio for each #Yearn $USDC vault.

When one of the values deviates above a certain threshold, it triggers the Profit Module and passes raw data for calculations and #ZK-proofs.

The #Profit Module:

This module uses the raw data to calculate how much #liquidity must be redistributed and where.

If the results significantly differ from the current liquidity distribution, it calls the #Proof module with the storage data and calculation results.

The Proof Module:

Received raw storage data is then processed to build #ZK-storage proofs passed to #PowerAgent Keepers for #execution.

Additionally, the module performs proof-of-profit circuit checks to ensure #security and reliable yield for users.

https://twitter.com/powerpoolcvp/status/1780656321190052091

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The #PowerAgent Keepers:

#PowerAgentv2 Keepers ensure a reliable execution of #GainVault's strategy.

After receiving updates from the Proof Module, the #Resolver responsible for automating the #strategy signals the Keepers to execute the pool rebalance.

All the data is secured by #ZK, no #trust required!

At #Scaling2024, PowerPool & Resolfinity aim to deliver #GainVault - a #PoC for #Ethereum scaling on top of no-trust-required #ZK-Proofs and reliable automation!

See you in the #ZK-powered automated future with #PowerAgent!

https://twitter.com/powerpoolcvp/status/1780656321190052091

Heads up #PowerPool Community!

We're excited to share some fantastic updates with you all! We've recently given our Medium blog a major makeover. The new layout is more user-friendly now, making it easier for you to navigate and find the articles you love.

But that's not all! We're also introducing a brand new section dedicated to #Research part. Here, we'll be showcasing all the groundbreaking work our team is doing in R&D. It’s the perfect spot for those of you who are keen to stay on top of the latest developments in #decentralized #automation infrastructure.

Curious to see what we’ve been up to? Check out our newly updated blog right here: https://medium.com/powerpool

We hope you enjoy the new look and the exciting content we have lined up!

https://twitter.com/powerpoolcvp/status/1780674173104267434

Big Cheers to Our PowerAgents!

What a fantastic journey we've been on! As we wrap up week 16 of 2024, Absolutely thrilled to announce that the latest batch of $CVP #Airdrop rewards has made its way to our 30 stellar #PowerAgentv2 #testnet contributors!

🔗 You can check out the transaction here: https://etherscan.io/tx/0x617d4a6098caca8c12d2afc4b4f3d96ec15444eaaecb58b9799610a0eb0dc468

From the bottom of our hearts, thank you to each one of you. Your unwavering dedication and pioneering spirit are what keep the wheels of innovation turning in our quest to revolutionize the automated #web3.

Keep being amazing, PowerPool Keepers!

https://twitter.com/powerpoolcvp/status/1780680581631598887

Dive into the #PowerPool odyssey!

It's a story of collective strength and innovation, as we revolutionize #DeFi automation and asset management.

Here’s a glimpse into our illustrious history and the milestones that define #PowerPool.

Back in July 2020, the #PowerPool protocol was born with a big idea: making #DeFi accessible and influential for even the smallest holders.

Our journey began with the mission to democratize the individual power across #DeFi.

As 2020 drew to a close, #PowerPool launched $CVP and the PIPT and YETI indices, adding a new layer of benefits and utility for the #DeFi community.

This was a stepping stone towards more community-driven features and rewards.

The year 2021 was a commitment to innovation.

Two new automated index baskets were launched: ASSY and YLA.

We also introduced xCVP and meta-governance, allowing $CVP holders to make their mark across various #DeFi protocols, all from within #PowerPool.

In 2022, we realized that the way forward for sophisticated and diversified token baskets/indices is decentralized and generalized automation.

That’s when PowerPool pivoted to developing PowerAgent V2 - a permissionless and fully decentralized automation network.

The story continued in 2023, as we fine-tuned #PowerPool protocol, launched #PowerAgentV2, and secured strategic partnerships, fortifying our place in the #DeFi space.

We stayed true to our roots, continuing academic research aimed at PowerAgent design focusing on user empowerment and platform resilience.

https://x.com/powerpoolcvp/status/1781044025589399866

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Now, in 2024, #PowerPool’s roadmap is charged with ambition. With each milestone, we're fine-tuning the mechanisms of automated #DeFi asset management.

Our sights are set on the future! With a focus on further multi-chain expansion. Template #Jobs, Modularity, ZK-powered off-chain computations, and other improvements to the platform, we're advancing full steam ahead!

For a deep dive into our saga and to be part of our #PowerAgent’s bright future, explore our history in full color.

Witness the evolution of #PowerPool and join us as we forge the path ahead while we are setting the standard for the #SmartContract #Automation!

🔗 Discover PowerPool's History: https://powerpool.finance/story/

https://x.com/powerpoolcvp/status/1781044025589399866

Get funded by #PowerPool!

In collaboration with #Gitcoin #grantsstack, PowerPool Builder #Grants are fueling the future of automated protocols and #dApps.

If your project can benefit from #decentralized #automation or if you have an innovative idea for a brand-new automated protocol, we're here to support you with #grants up to $20,000!

Don't miss out on this opportunity. Apply now and kickstart your automated vision with PowerPool!

Learn more and submit your project here: https://medium.com/powerpool/powerpool-grants-and-submission-guidelines-for-contributors-f1cc079752

Let's shape the future of #web3 together!

https://x.com/powerpoolcvp/status/1781380571446321549

We're beaming with pride as Vasily Sumanov, our very own maestro of #tokenengineering and Head of Research of PowerPool, took the stage at #ISIC2024 in Singapore!

Vasily is the brain behind the Value Capturing Mechanisms theory, which is redefining how we understand token value in #web3 and #DeFi.

His brilliant work lays out how value is created and harnessed through strategic token policies, a concept at the heart of our $CVP token's design.

His remarkable work delineates the creation and capturing of value through strategic token policies. With the $CVP token's design, it's classified as a Work Token (Wt), capturing value through offering $CVP stakers the opportunity to participate in the PowerAgent network (a conditional action) and providing them with future cash flow.

This innovative design by Vasily offers stakers a unique opportunity, but also comes with risks associated with slashing.

From the lab to the world stage, our Head of Research is very active in the the ecosystem, bridging the gap between theory and practical, impactful policy.

Check Vasily’s insights about the presentation on #ISIC2024👇

https://twitter.com/vasily_sumanov/status/1781355994263474349

https://x.com/powerpoolcvp/status/1781779048344986037

Have you checked out our latest #DeFi shield yet which we gave a sneak peek at our prototype: #PowerPool's Liquidation Protection Template for #PowerAgentv2?

This prototype is paving the way for a smarter, safer DeFi experience. Here’s why you should keep your eye on this!

Picture this: #DeFi lending, but with a safety net. Our prototype is the early version of your personal financial guard against the risk of liquidation, and we’re just getting started.

Suppose #ETH is your collateral in a high tide market. Our #PowerAgentv2 prototype steps up as your spotter, proactively adjusting your collateral/debt ratio to steer clear of liquidation threats.

We're fine-tuning every gear to make sure that when you dive into the #DeFi's depths, you’ll able to get the best backup there is.

Curious about the nuts and bolts of this prototype? Check out the full details and get a glimpse of what’s cooking in #PowerPool’s innovation lab.

And remember, this is just the beta—imagine the possibilities when it’s fully unleashed! 👇

https://x.com/powerpoolcvp/status/1782122931025322185

#PowerPool is ecstatic to highlight SupremeDAO’s Genesis Strategy, a cutting-edge yield optimizer poised to transform #Ethereum investments!

This is no ordinary strategy, it's a sophisticated synergy of top #DeFi protocols, powered by our very own #PowerAgentv2 with #SupremeDAO.

The concept is brilliant, use SupremeDAO’s automated system to amplify $ETH returns, merging the prowess of Curve Finance, Aura Finance, and Paladin into a single streamlined process.

And the magic?

It’s all set in motion automatically, thanks to #PowerAgentv2's #smartcontract execution.

The strategy actively manages $wstETH as #collateral, pivoting through #DeFi landscapes to cultivate high yields from $crvUSD to Aura Finance.

The future also holds Paladin integration for veTokenomics, elevating potential returns.

Each step, from leveraging $wstETH on Curve Finance to staking #LP tokens on Aura Finance, is a calculated move in this #DeFi chess game.

#PowerAgentv2 is the grandmaster, automating transactions, balancing positions, and optimizing strategy, all while you sit back.

Plus, there’s an innovative #collateral health monitoring system ensuring your stakes stay #secure against market volatility, automatically adjusting to keep your assets #safe.

This partnership between #PowerPool and SupremeDAO empowering #DeFi users with accessible, automated strategies.

#SupremeDAO's MVP is just the beginning, and we're here for this journey.

Check out the full story and get ready to join the revolution in #DeFi yield generation: https://mirror.xyz/supremexyz.eth/tFlbXl8cnVWXZ8PvegEXcI7mfc8qJHT6OjSJ0JSua-Q

https://twitter.com/powerpoolcvp/status/1782424260151034178

PowerPool thrilled to unveil the DCA/Limit Order Template Contract: A DeFi Game-Changer!

Introducing a major innovation that's ready to redefine your trading strategy: the DCA/Limit Order Template Contract, fully integrated with PowerPool's smart automation capabilities!

What's This About?

Dollar Cost Averaging (DCA) & Limit Orders are now a breeze on the blockchain. No more manual swaps or reliance on centralized services. With our new contract, powered by PowerAgent, these strategies are native to the blockchain, ensuring seamless, automated execution on your chosen DEX.

DCA vs. Limit Orders?

Whether it's setting up a recurring buy strategy (DCA) or waiting for that perfect price point (Limit Orders), this contract has you covered. It's a set-and-forget solution that allows both newbies and seasoned traders to stay ahead of the game, automatically.

Under the Hood:

Built with flexibility in mind, you can configure the contract for recurring swaps (DCA) or one-time well-timed trades (Limit Orders). PowerAgent's Keepers network ensures your strategy runs like clockwork on UniswapV3, with plans to extend to other DEXs.

Main Features:

- Customize swap intervals & price thresholds
- Easily change strategy parameters anytime
- Monitor & adjust automatically with PowerAgent Keepers
- Publicly callable performSwap() for anyone to trigger your strategy (protected by resolver checks)

Perfect for All Levels!

Whether you're just dipping your toes in DeFi or you’re a pro swimming in the deep end, this contract simplifies complex strategies. With user-friendly automation, you're all set for a hassle-free DeFi experience.

Dive into the details and start automating your DCA or Limit Orders today with PowerPool's latest innovation!

Read our blog for a clear, detailed breakdown: https://medium.com/powerpool/introducing-the-dca-limit-order-template-contract-ready-for-powerpool-automation-bbf6587ed68c

https://twitter.com/powerpoolcvp/status/1782792134136856636

PowerPoolers, our latest biweekly update is packed with advancements that are just too good to miss!
From #PowerAgentv2's impressive stats to our cutting-edge R&D breakthroughs, there's a lot to catch up on.

Jump in our latest ‘Biweekly Update’ : https://medium.com/powerpool/powerpool-biweekly-update-23-april-2024-7175cf69dee6

Let’s dive in:

#PowerAgentv2: Network at a Glance

- 105 Active Keepers are now powering our network on #GnosisChain.
- 1.56 Million Jobs Executed by our diligent Keepers on #Sepolia.
- We're also in Initial Testing on #Arbitrum, with 12 Active Keepers and growing!

Developments & Updates

- Our UI & Explorer API got smarter and sleeker, enhancing your #PowerPool experience.
- We've been squashing bugs and boosting our contracts for better performance and #security.
- New updates and fixes across our dApp, landing page, and #IPFS Resolver Service keep us at the forefront of #DeFi.

#Research & Development Rocks

- #PowerAgentv2 is firing on all cylinders in #testnet, thanks to the feedback from our #community testers.
- Our grantees, like #Partitura, #Daoism, #SupremeDAO and #Breadchain, are making huge strides with #PowerAgent-integrated platforms.
- Plus, we've rolled out a series of template contracts that are set to change the game for #DeFi strategies: DCA & Limit Order and Liquidation Protection Templates.

Conferences & Growth

Fresh from #Token2049 and #ETHDubai, we have been spreading the word and shaping the future of automated #DeFi.
These global stages help us forge vital connections that will catapult #PowerPool onto new chains and into new partnerships.

Check out our article for all the details on #PowerAgent’s latest developments, from the #testnet trenches to the conference circuit. There's never been a better time to be part of the #PowerPool ecosystem!

https://twitter.com/powerpoolcvp/status/1782898985969029366

Attention #Crypto Enthusiasts & #DeFi Strategists!

Mark Your Calendars for a Great #AMA Session: #PowerPool & SupremeDAO by Daoism Systems

📅 26th April, 12:30 PM UTC
📍 https://twitter.com/i/spaces/1DXxyjYXBWNKM

We’ll dive into #SupremeDAO’s Genesis Strategy, engineered to revolutionize yield optimization on #Ethereum!

We'll talk about the master plan behind seamlessly merging Curve Finance, Aura Finance, and Paladin prowess into a unified powerhouse, all orchestrated by #PowerAgentv2's smart #automation.

🔗 Dive into the Details: https://mirror.xyz/supremexyz.eth/tFlbXl8cnVWXZ8PvegEXcI7mfc8qJHT6OjSJ0JSua-Q

Drop your questions below, let's Ignite the conversation and join us!

https://twitter.com/powerpoolcvp/status/1783113930442682834

GM, PowerPool Keepers!

The latest round of $CVP #airdrops is here, based on #PowerAgentv2 Keeper activity on April 15-21. 30 top-performing testers on #GnosisChain and #Sepolia have received 100 $CVP each!

Check out the #PowerAgent incentivized #testnet #airdrop distribution right here: https://etherscan.io/tx/0x67a053f5291bd84cb9b9c60f8ad84e94fe124205106d8743b61eda832a94c086

Huge shoutout to our amazing community for their dedication and contributions to #PowerPool. Together, we're shaping the future of automated #web3!

https://twitter.com/powerpoolcvp/status/1783153156911747564