Gelato Newest Partnership Hakka Finance

Published on: 10.02.2022

There is thus a critical need for decentralized, sophisticated, and robust smart contract automation. It is a key component in the web3 middleware stack. And now, using the power of Gelato Ops, developers can benefit from a seamless way to automate protocol-based functions reliably and efficiently.

Hakka Finance has integrated Gelato’s automation under the hood and will be using its technology to automate the compounding of its staking rate modals.
collaborations in the future between Gelato and Hakka as they unveil a series of exciting financial products, including a new derivative trading platform based on DeFi interest rates: iGain IRS.
Record sums have been pouring into the fast-growing DeFi sector over the last year as investors are looking for returns afforded by lending, borrowing, and trading via Decentralized Finance protocols like Aave or Compound. A trend that is predicted to continue over the current decade.” — Lucien Lee, CEO of Hakka Finance


About Hakka Finance

Hakka Finance is a DeFi ecosystem dedicated to providing inclusive financial instruments to anyone, anywhere. Its ultimate goal is to become one of the most savvy DeFi DAOs, discovering unmet demands and fulfilling the needs of our users in the most efficient, and frictionless ways. Unlike other protocols, Hakka Finance does not only focus on one specific financial service but also tries to build a series of innovative products including decentralized exchanges, insurance offerings, prediction markets, derivatives, all under the Hakka Finance umbrella.

About Gelato Network

Gelato Network is web3’s premier automation network, enabling developers to automate a wide variety of arbitrary smart contract executions on and across all EVM-based compatible blockchains such as Ethereum. Examples of use cases developers have built on top of Gelato include Limit Orders on AMMs like Uniswap, automatic compounding of yield farming vaults, Aave liquidation protection, MakerDAO debt ceiling updates, automated liquidity management, and even the petting of Aavegotchis.

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