🎯PowerAgent features

PowerAgent Network automates on-chain actions for protocols, dApps, and Defi users

The PowerAgent is built to provide robust automation of on-chain actions for Defi users and protocols using a decentralized network of community-run Keepers. Learn more about the main features below:

Open source codebase

• The PowerPool Repo is open-source, including all contracts, node software, automation templates, and infrastructure products (such as subgraphs).

• Anyone can contribute to the codebase.

• Open to being upgraded by the community, including node software, indexing, and automation templates.

Generalized functionality

• Supports a wide variety of automation use cases built on top of Interval and Resolver types of Jobs

• Offers configurable execution conditions suitable for both routine and high-value tasks

• Job owners can define slashing requirements and Keepers' responsibility, allowing execution of the specific Job only to Keepers' within the desired stakes range.

Permissionless

• Anyone can run a Keeper node. The CVP token stake is the only requirement.

• Anyone can create a Job, fund it with a specified minimal amount of network gas token (such as ETH), and the network will execute necessary transactions

• Anyone can create an automation template and it will be available for users after the technical validation run by the community

Autonomous

• The Network runs autonomously using the PowerAgent smart-contract - a core contract storing information about Keepers/Jobs.

• Autonomous Job execution by community-run Keeper nodes

• Keeper nodes autonomously run on every L1 chains or L2 layers

Decentralized

• No single point of failure: transaction execution is done by a wide set of independently run Keepers

• Core network rules such as job executability, compensation and slashing are set in the core PowerAgent contract

• Jobs algorithms, such as triggers and execution logic are deployed as independent smart-contracts

Configurable

• Everything can be automated: Jobs are fully configurable and support complex triggers and execution logic

• Job owners configure execution requirements such as penalty triggers and Keepers' stake range

• Keepers' execution fee amount depends on Keeper stake, algorithmically bonding the Keeper's responsibility with the cost of Keeper's work (the execution fee)

Cost-effective

• Lower gas consumption compared to other automation solutions due to code optimizations

• Jow owners can configure the cost of execution based on their needs by selecting Keepers' stake range

• The flexibility of Job creation allows the creation of Job-specific trigger algorithms to avoid unnecessary execution.

Secure

• There is no single point of failure. Jobs are executed by decentralized sets of Keepers, which are cryptoeconomically incentivized to execute Jobs properly without fails or malicious behavior.

• Built-in random Keepers selection coupled with slashing mechanics protects Job owners from various types of attacks on the network.

• The code was covered by multiple security audits.