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. …

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. …

Introduction Some time ago PowerPool changed focus from developing Defi products for end-users to further developing the decentralized and autonomous network for automatic smart contracts execution. Read more about PowerPool pivot and our vision for the automatic smart contracts execution: Automation Agent Networks: The missing layer of DeFi 2.0 infrastructure PowerPool/PowerAgent…

Smart contracts don’t execute themselves; the evolution of DeFi requires automation Based on experience gained since early 2020, PowerPool has for some time been developing the next iteration of our autonomous decentralized automated smart contract execution networks for projects running on any EVM compatible chain. …

Thoughts, reflections, conclusions, and future plans Some reflections on what we learned during the first 2 years of building PowerPool/PowerAgent. Recently, we created a condensed version of what we have accomplished in the last two years at PowerPool: https://powerpool.finance/story/ We analyzed the PowerPool journey and summarized what we have learned…