How it works Key features Ecosystem fund Current status Networks

Power agent

Decentralized network for guaranteed automatic, gasless, transaction execution and off-chain computations for Defi/Web3 apps and individuals.

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networks

keepers

jobs

executions

283

how it works

/01/

You deploy a smart contract on EVM chain with a function that has either time-based (interval job) or logic-based (resolver job) execution conditions.

/02/

You add a job using the user interface to the Power Agent contract, deposit ETH (or native token) for payment, and specify the stake range.

/03/

The network automatically and randomly assigns a Keeper for execution from hundreds to thousands of Keepers, depending on your specified stake range.

/04/

The Keeper executes the job, receives payment, and the network randomly assigns the next Keeper.

/05/

If the Keeper doesn’t execute the job on time, other Keepers will slash him and execute the job.

Key features

Proven reliability

Permissionless

Full decentralization

Random keeper selection

Stake based pricing

Guaranteed execution

Dappnode integration

EVM compatibility

MEV protection

(in progress)

ZKP resolvers

(in progress)

Liquid Keepers

(in progress)

Proven reliability

Power Agent V1 successfully operated from October 2020 until March 2023 on the Ethereum Mainnet, supporting the PowerPool product without any vulnerabilities or issues.
Power Agent V2 has passed several public security audits and is running successfully on the testnet. The bug bounty program will start in the near future.

Audits

Ecosystem fund

The PowerPool protocol was launched in August 2020, without any VC funding or public sale. Tokens were distributed through a community airdrop and a liquidity mining program. Currently, PowerPool DAO is developing a Power Agent network and aims to create an ecosystem around it. The DAO’s treasury holdings are approximately 41.1 million CVP, which is equivalent to about 12 million USD.

Following Governance proposal 58, the DAO has allocated 10 million CVP, or around 3 million USD, to fund developers who will integrate Power Agent automation into their own protocols and applications, or contribute to protocol development. This funding will be provided through grants.

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Current status

Power Agent V1 operated successfully on the Ethereum Mainnet from October 2020 to March 2023.

Power Agent V2 has been running successfully on Goerli and Sepolia since November 2022, having passed numerous tests and security audits. Currently, the testnet continues to work on Sepolia; we recently launched a Power Agent test contract on the Gnosis chain and are planning to launch the mainnet contract on the Gnosis chain soon, as well as a test contract on the Ethereum mainnet.

The only difference between the mainnet contract and the test contract is that the latter uses test CVP tokens for staking.

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Web3 future is automated

We expect that at least 40% of transactions in various blockchain networks will be done by on-chain automation (Keepers) networks in the next three years.

Past

All actions (transactions signing) should be done by users themselves.

Present

Manual actions are combined with automation, mainly handled by centralized bots and early-stage keeper networks.

Future

Web3, automated by permissionless, robust, decentralized keeper networks.

use cases