The Natural Evolution to Automated #Web3!
#Decentralized on-chain automation is a key pillar for the future of Web3 user adoption and the #evolution of L1/L2 ecosystems.
Why does #Web3 lean towards automation?
The answer lies in efficiency, reliability, and user-friendliness! 🧵 👇
https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0
1/ #Smartcontracts can’t execute themselves!
In cases requiring deferred execution based on time or specific logic, a third-party is needed to trigger the #Smart #Contract once the condition is satisfied.
2/ #DeFi's inherent complexity calls for #automation to enhance user experience!
From #yield strategies to #liquidity provision and liquidation protection, automation is key for users to enjoy seamless and convenient experience.
3/ Simplifying #complexity is crucial for #Web3 mass adoption!
#Automation is crucial to onboard the next billion of web3 users as it provides easy-to-use solutions that require minimum input to reap the benefits of #blockchain protocols.
4/ L1/L2 networks and their #validators benefit from #decentralized automation networks!
#Automation (Keeper) networks contribute to L1/L2 #network #decentralization by lowering the barrier to entry for new validators by providing additional incentives of running a full #node.
5/ The future of #Web3 & #DeFi is automated!
Learn more about why in this article: https://medium.com/powerpool/web3-automation-letters-part-1-the-natural-evolution-to-automated-web3-b2b0322c6fc0
https://twitter.com/powerpoolcvp/status/1777430343093510530
