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.
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.
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.
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.
In Power Agent V2, one can create several types of jobs that will be automatically executed by the network.