Use Cases of Chainlink Automation

on YouTube ↗25m

" summary

Chainlink Automation (Keepers) launches as a decentralized cron service that teams use to outsource recurring on-chain tasks: liquidations, rebalances, periodic prize draws, validator operations and more. Implementations pair Chainlink VRF for randomness with a model that does off-chain check then on-chain execution to cut gas, avoids projects keeping private keys (no private keys stored by projects), and lets the protocol cover transaction fees (protocol pays keeper gas). The network is live on mainnet and aims to prevent winner‑take‑all gas wars through cooperative incentives.

AI-written summary · about

" chapters (7)

1. 0:00Introduction to panel
2. 1:42Project roles in automation
3. 4:59Specific keeper use cases
4. 6:57Automation challenges
5. 12:00Off-chain computation
6. 15:57Future of automation
7. 17:53Closing remarks

" related talks

• 46mWhat’s New in the Chainlink NetworkPatrick Collins, Melodi Kaya · SmartCon Developer 2021
• 02mRecapSmart Contract Summit #0 2020
• 21mBuilding the future of Smart ContractsSergev Nazarov · ETHDenver 2021
• 33mBeing a Chainlink Node OperatorJonny Huxtable, Peter Eulberg, Hendrik Hofstadt, Cristian Lucera · Web3 Summit 2019: Chainlink Oracle HackerNode
• 01h 43mIntroduction to Trust-Minimized ServicesFrank Kong · Constellation: A Chainlink Hackathon
• 31mEmpowering Smart Contracts with Decentralized DataPatrick Collins · ETHDenver 2021
• 13mSecurely Connecting Smart Contracts to Off-chain Data and EventsSergey Nasarov · ETHBerlin ZWEI 2019
• 14mKeynote: Jonny Huxtable & LinkPoolJonny Huxtable · Smart Contract Summit #0 2020