Since launching in September 2020, Avalanche is one of the fastest organically growing ecosystems in crypto. It now has over 350 projects building on the platform, including top-tier DeFi projects like Aave, Curve, BENQi, Sushi, and The Graph, and enterprise applications for leaders in culture and sports with Topps and Andretti Autosport. Avalanche is seeing all-time highs in user activity, including transaction volume, unique addresses (now over 700,000), and assets transferred from Ethereum to Avalanche over the Avalanche Bridge ($5.7B).
Gelato Network has deployed its battle-tested infrastructure for smart contract automation across multiple chains and powering a wide array of EVM applications. Utilizing Gelato, dapp developers can seamlessly automate the execution of their smart contract functions to complete a wide variety of jobs including simple recurring DevOps tasks, such as automatically distributing rewards, and fully-fledged automated features such as liquidity management or limit orders for AMMs. And finally, Gelato has deployed this key missing infrastructure piece of the Web3 stack to Avalanche as well with activity already ramping up. Most recently, Connext integrated Gelato’s Multichain Relayer API that ensures transactional speed and reliability as users bridge their assets to Avalanche and beyond.
“We’re happy to see more developer-focused projects deploy their infrastructure on Avalanche. Gelato’s mission to give developers and their users the necessary platform and tools to automate smart contracts is truly exciting,” — Luigi D’Onorio DeMeo, Director at Ava Labs.
Among the first dapps to use Gelato on Avalanche is Sorbet Finance, which went live with Limit Orders for Trader Joe users. Sorbet Finance is a leading DEX tooling platform in DeFi offering limit orders on Ethereum, Polygon, BSC, and now Avalanche. The web interface uses Gelato’s Limit Order library under the hood. Gelato’s limit-orders-lib and limit-orders-react npm packages have already provided an easy one-stop solution for developers to hook up native Limit Orders to their AMM or other DEX of choice — in as little as 10 minutes! And both libraries already have support for Limit Orders on both Trader Joe’s and Pangolin.
“Finally, Gelato Network is now also (officially) live on Avalanche. I am excited to join this community of amazing builders and users. At Gelato, we’re going to contribute with our long proven infrastructure network and tooling that enable repeated automated interactions with all of your favorite Avalanche dapps.” — Luis (@gitpusha), Legendary Member of Gelato Network
About Avalanche
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
📰 INFO
https://medium.com/gelato-network/gelato-is-now-live-on-avalanche-23cf3fc0a1da
