All time high date
Nov 25, 2021
Cycle low date
Nov 09, 2022
Gelato Network is a decentralized automation protocol, consisting of smart contracts built on Ethereum and "Executor" infrastructure services that users can leverage for transaction automation. It enables everyone to leverage the power of a decentralized network of bots to fully automate the movement of their money between different protocols on Ethereum. The goal of Gelato Network is to solve the issues of lacking reliability, sophistication, and centralization around dapps that want to offer automated smart contract executions on behalf of their users.
Gelato has already achieved its main purpose of giving Web3 developers easy access to reliable smart contract automation on its platform since its Version 1 mainnet launch2 in early July 2020. Gelato now boasts thousands of smart contract executions that are automated via its platform every month.