Chainlink Keepers Is Now Live On Ethereum Mainnet
Decentralized blockchain oracle network Chainlink proudly announced that the Chainlink Keepers went live on Ethereum Mainnet
After a successful beta launch, which included live testing by an initial set of users, we’re excited to announce that Chainlink Keepers is now live on Ethereum mainnet and fully open to the public. Any individual developer, decentralized application, and DAO can now leverage Chainlink Keepers as a decentralized off-chain computation layer to reliably automate key smart contract functions and introduce advanced utility to their dApp using custom triggers.
Chainlink Keepers can be leveraged to perform a variety of DevOps services and off-chain computations on behalf of hybrid smart contracts, including to:
- Execute limit orders on decentralized exchanges
- Mint tokens when reserves increase
- Harvest yield from vaults
- Rebase elastic supply tokens
- Rebalance on-chain trading and yield farming strategies
- Liquidate undercollateralized loans
- Release locked assets after periods of inactivity
- Top up token balances falling below a minimum threshold
- And many more possibilities yet to be discovered
Chainlink Keepers empowers developers to unlock the extensive and largely untapped design space for smart contract automation based on verifiable conditional inputs. Chainlink Keepers provides both a highly programmable framework for designing advanced keeper jobs using off-chain computation and a decentralized network of provably reliable nodes to outsource the execution of keeper jobs too.
Chainlink Keepers Notable Features
- Maximum reliability—Chainlink Keepers are run by the same professional DevOps that already secure tens of billions of dollars in value for Chainlink Price Feeds, and function within a decentralized architecture backed by automated failover to ensure high reliability without single points of failure.
- On-Chain Verification—Chainlink Keepers is supported by a robust set of on-chain monitoring tools and generate EVM calldata on their off-chain computations, enabling users to evaluate the inputs of Keeper nodes and verify conditions before performing critical on-chain work.
- Low costs—Chainlink Keepers perform complex computations off-chain and leverage a rotating node selection framework to prevent gas price auction wars, leading to both lower and more stable costs.
ABOUT CHAINLINK
Chainlink is a decentralized blockchain oracle network built on Ethereum. The Chainlink network is used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts.
RESOURCES
Chainlink Blog
