DeFi automation thesis: zkAutomate no-code on-chain strategies
Post311 words
Argues on-chain automation of yield farming, airdrop farming and trading is limited to a few developers, and that zkAutomate's account-abstraction no-code framework and ZK strategy marketplace opens it up. Includes a perp engine for automated trading bots.
Key claims
zkAutomate offers a no-code trigger and condition framework
A ZK-powered marketplace for automation algos
Perp Engine allows high leverage
✨🤖 My Thesis on DeFi Automation 🤖✨
Mission: Gain an edge on the market
Solution: @zkAutomate
Smart contracts make blockchains programmable and enable composable on-chain DeFi applications.
These provide financial services autonomously, built on a decentralized trust layer and with the operation logic defined by code.
This enables a more efficient financial system and opens up a broad spectrum of novel opportunities in an on-chain economy that will enter hyper-growth in the months and years to come.
Some big opportunities include:
✦ Yield farming strategies for passive income
✦ Airdrop farming
✦ Non-custodial trading operations on DEXes
To explore these opportunities users need to interact with smart contracts and execute transactions on-chain. Manually however, this is often a slow and cumbersome process.
Imagine you could:
✦ Automate complex yield farming strategies
✦ Automate airdrop farming
✦ Auromate on-chain trading strategies (both spot & perps)
This clearly gives you an edge on the market and allows you to take advantage of DeFi opportunities quicker and more efficiently.
However, today, on-chain workflow automation is only accessible to a few giga-brains that are able to automate their own operations, building and maintaining their own code.
Relying on third-party programs or services, which can abstract some of the complexity, often comes at substantial risk.
@zkAutomate solves this. The comprehensive AA-powered automation platform provides a powerful no-code framework that allows anyone to build and deploy automation strategies on-chain.
To promote accessibility, the platform also boasts a ZK-powered marketplace for on-chain automation algos and provides templates to anyone who wants to play around with the no-code framework.
Users can simply define triggers and conditions to build trading bots that allow to automate trading operations on the zkAutomate Perp Engine (that allows for high leverage) or spot trading platforms.
The era of automation is coming anon.
@zkAutomate will be the leader of the game.
You aren't ready. 👀