Dear PowerPool community! This article is dedicated to distributing CVP tokens to various contracts implementing community decisions regarding ecosystem incentives and team tokens. These proposals were previously approved, but tokens were still not distributed to corresponding contracts. The information regarding the updated CVP token distribution includes two categories: The Ecosystem…

Traditionally, users have always signed their transactions manually using their wallets. However, it looks like it will change. In the future, users won’t manually sign every on-chain transaction Blockchain is designed to provide self-custody to users and ensure that assets can be transferred solely by the owner’s decision without the…

One of the huge trends evolving in the space is automated on-chain execution of on-chain/off-chain/mixed algorithms and strategies. The Web3 future is automated. In three years, so-called Keeper networks will handle 40% of mainnet transactions. We consider on-chain automation as one of the main pillars for future web3 user adoption…

Following the recently passed Proposal 58: Launch the PowerPool Ecosystem Growth fund and a grants program, PowerPool offers grants of up to $20,000 to support developers building on top of PowerAgent v2. Submit your grant application here: https://forms.gle/4H5kisP7AGQzU4oJ7 To apply for a grant, follow these steps: Fill out the form…

PowerPool is on the verge of launching the PowerAgent testnet, a significant milestone for future deployment on the Ethereum mainnet. The most important news is that PowerPool launches a testnet on Sepolia on the 22nd of May with exclusive CVP rewards for the DappNode community. Join the AMA in DappNode…

PowerPool is trying to solve the smart automation problem by building the PowerAgent smart contract execution network. The main goal is to provide various web3 protocols, dApps, and individuals with a truly decentralized and reliable on-chain automation solution. We aim to deploy the PowerAgent automation network across all major EVM-compatible…

Ethereum node operators should add the PowerAgent automation network client to their stack to earn even more ETH. Also combine with any LST DVT client to eliminate slashing risk. Combined bundle is MAX APR on ETH stakes Why decentralized automation networks for smart-contracts execution? All but the simplest DeFi protocol or product requires automatic smart-contract execution, usually…

This post is devoted to the explanation of Proposal 56 implementation that the CVP holders recently approved: Post on the PowerPool governance forum with all the details and motivation behind Proposal 56: https://gov.powerpool.finance/t/proposal-56-deprecate-legacy-powerpool-products/1299 The Snapshot voting results: https://snapshot.org/#/cvp.eth/proposal/0xf4b348e007eadb689a487f9751fe07ed90981326f09690e8371ee7499d4fe4d0

Dear PowerPool community! During the last month, we worked on preparing the testnet of the latest PowerAgent v2 version. At the same time, the community would need to define the future of PowerPool through collective decision-making, like fixing up things with PowerPool legacy products, allocating testnet rewards, and much more. …