DeFi platforms have changed how we lend & borrow money using blockchain technology. However, they have 2 main challenges: Automated Liquidity & Position Monitoring. Here's how Gelato's Web3 Functions ensure an efficient borrowing & lending experience ⬇️

Though a relatively recent concept, DeFi has already attracted substantial investments in the billions of dollars. While some investors have fully embraced it, for those who are more cautious, what options do they have- if any? In both crypto & TradFi realms, investors consistently seek secure assets, often referred to as "blue chips," (for Tradfi think @Nike and @Apple ) that maintain stable fundamental value during uncertain financial times. In the crypto space, these assets typically has qualities like: 1⃣ Institutional recognition 2⃣ Strong reputations 3⃣ Reduced volatility Prominent examples of these "blue chips" are $BTC & $ETH, both of which have achieved this status in the crypto world. Additional examples of such valuable assets include tokens like $SNX and $OHM, which rely on Gelato's proven backend infrastructure to manage and execute thousands of transactions on a daily basis. To delve further, check out our blog below! Please note: This article is not intended as financial advice nor should it be taken as such. All capital you invest is at risk

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You might've noticed there's a lot of buzz around web3 social! Listen in for Gelato cofounder @hilmarxo 's take on how this could serve as a 'gateway drug for the world' into the realm of web3!

When you've built your own infra for a project from scratch and someone asks 'why didn't you just use Gelato?' 🫣🫢

Things are heating up in #OnchainSummer! Gelato's Web3 Functions & Relay are both officially LIVE on the @BuildOnBase Mainnet! Let's dive in 🤿 ↓

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Every transaction on networks like @ethereum incurs a fee, known as gas. While this gas fee protects the network from malicious attacks, it complicates the onboarding process. For new users to onboard onto a blockchain ecosystem, they must open an account with a centralized exchange, undergo KYC, purchase crypto using fiat, transfer that crypto to their wallet, and then use it to interact with decentralized applications. However, EOAs present another challenge. On the surface, EOAs appear straightforward, but underneath, they possess inherent flaws that hinder their broader adoption. These EOAs are easy to make and don't cost any gas, but they're not user-friendly. People struggle with remembering special phrases, buying specific hardware, or using certain browser tools. While EOAs come with challenges, they also offer undeniable benefits. They facilitate the creation of portable and composable accounts, enabling developers to swiftly develop standardized tools and components. They do not consume any storage in the network and can maintain the same addresses across networks. But with Gelato Relay and the @safe Account Abstraction SDK, this problem is being tackled head-on. The Safe SDK (powered by the Gelato Relay!) pioneers a user-friendly environment, allowing users to cover gas fees with ERC-20 tokens or paves the way for providing gasless transactions. By integrating these, developers can offer users the luxury of performing gasless transactions let’s see an example of Minting Gasless NFTs. Starting with a basic NFT minting contract, the mintGelato function can be made gasless. 1️⃣ Set up a new Safe. Once created, verify its contract by pasting the safe address into a block explorer. 2️⃣ Deposit funds into Gelato 1Balance, which allows you to cover relay costs across multiple chains from this deposit. Deposit USDC on @0xPolygon and cover the gas cost across all the networks. 3️⃣ Create your Relay App from the Gelato UI to enable gasless transactions for specific functions. Within a developer's environment, initializing transaction settings, creating the transaction object, encoding the transaction, and sending it to a relayer are executed systematically. When done right, users can seamlessly mint NFTs without bearing the burden of gas costs. Check out our hands-on guide below ⬇️

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At @EthCC , Gelato's Head of BD, @TherealSpatrick , addressed the challenges web3 newcomers face, covering a spectrum of issues including: ⛽ Gas fees 🔒 Self-custody 🎽 Frontrunning And more! Catch up here ↓

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Omni X + Gelato = Game-changer🔥 Mint our native collection @Omni_Elements today with Gelato's gasless minting technology and say goodbye to gas fees!👋

The Gelato Web3 Functions landing page is here! Learn more about how Gelato is connecting real-world APIs to web3 ↓

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Hey Gelato Fam! 🍦🤍 Don't forget to tune into our Twitter Space on launching $GEL staking for the first wave of Gelato Node Operators! Set your reminders and send us all your burning questions- see you soon!

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Hey Gelato Fam! Here's your weekly roundup of what we've been up to at Gelato HQ: 1. Check out the proposal to kick off $GEL staking for Wave I of Gelato Node Operators and vote now!

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2. Join us on Monday for an in-depth discussion of this proposal with Bware Labs, Chorus One, P2P, Staking Facilities:

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3. Tune in on Monday for a Twitter space with Polygon & Redstone Defi about zkEVM Scalability & Oracles:

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Dynamic NFTs are like a box of chocolates, you never know what you're going to get 🍫 Learn how to create your own dNFT and explore their endless potential in gaming, art, music, advertising, and more!

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Our cofounder @hilmarxo outlines some common misconceptions that builders have when starting their journey, so Gelato can help you avoid any web3 woes! Remember: you don't need to reinvent the wheel or know everything, & most importantly you don't need to do it alone! 🫶

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RT @GainsAssociates: .@gelatonetwork enables devs to create automated, gasless & off-chain smart contracts, making #Web3 better than ever!…

Gelato & @safe{Wallet} are teaming up to give gas fees the cold shoulder 🥶❄️ Let's get into it ⬇️

RT @QuickswapDEX: 1/ Frens, looking to hear about the latest happenings in #Polygon tech & infrastructure? 💻🛠️ Then join us for our next "…

Crypto onboarding can be a headache- but it doesn’t have to be! With Gelato’s gasless wallet SDK and account abstraction, managing your crypto assets has never been easier!

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Want to explore #DeFi but don't have time for constant monitoring? @CetraFinance blends AMMs, DEXes & lending to create on-chain market making. Plus, with Gelato Automate, delta-neutral chamber rebalancing is made seamless!

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.@thirdweb & Gelato Relay are making web3 more user-friendly by eliminating gas fees! Connect your wallet, deposit funds into Gelato's 1Balance, and start building your own app with our step-by-step tutorial ⬇️

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RT @koeppelmann: We want to push account abstraction on Gnosis Chain. Every account should be a @safe. Previously the requirement to pay ga…

RT @gitpusha: Just got the new ⁦@safe mobile update and copped this nice Easter Egg: 🥚Gasless transactions on ⁦ @gnosischain via @gelatone…

Simplify task customization with Gelato Automate's intuitive UI! 🎨 Easily create and manage automation tasks for your #SmartContracts, with access to customizable logs for each task. Try it out and see for yourself!

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The @aavegotchi DAO is using Gelato Automate daily in combination with an off-chain DEX aggregator to swap & acquire $GHST token at the lowest price possible, ensuring liquidity & stability for the token

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The DAO-designed bot avoids front-running by utilizing the @gelatonetwork to power the $GHST purchases which occur every four hours. Many thanks to the @TheBeaardedLady who continues to flex his big brain.

Web3 isn’t a buzzword, it's a solution. Gelato cofounders @gitpusha & @hilmarxo break down how web3 will revolutionize how we use the internet and usher in a new era of user empowerment, leaving centralized platforms like F*ceb**k in the dust

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RT @hilmarxo: Congrats to the @gelatonetwork bounty winners of the @EthereumZurich hackathon! 🥇Gelato VRF uses the drand randomness beacon…

AI & blockchain: name a better duo- we’ll wait. These technologies are set to revolutionize the world. From transparent supply chains to fraud prevention, the possibilities are endless! Check out 5 ways they can tag team for a better future

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Gelato Relay is now live on the @0xPolygon zkEVM testnet & mainnnet!

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RT @gitpusha: Amazing @safe integration of Gelato's 1balance Relay system. Safe users on @gnosischain can now send Safe multisig transact…

Coming at you live from @gnosischain's Chiado Network: Gelato Relay! Developer can always rely on Gelato's battle-tested #blockchain infrastructure to improve the #UX, costs, security & liveness of their #web3 systems

Join us on Friday, April 14th at 6pm during @EthereumZurich for a night of collaboration & connection with #web3 founders, speakers and VCs! Brought to you by Gelato, @0xPolygonLabs, @0vixProtocol & Bonnard Lawson, it’s sure to be a night to remember ✨

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Experience gas-free sponsored txs with Safe{Core}'s AA stack- powered by Gelato Relay! Thanks to Gelato: 1⃣ There’s no cost for multisig signers- every tx is a gasless tx! 2⃣There’s always an optimal gas price 3⃣Txs go through private gateways for MEV & front-running protection

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We're hooking up with @gnosischain and @gelatonetwork to bring you the next level of account abstraction on Safe{Wallet}🔥 Dive into the gasless experience and do things like: • Create Safes • Execute 5 tx/hour • And more, all for free! 🆓🆓🆓 ⏳ 30 Days only! 🔊 Sound on!

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Emerging #blockchains demand interoperability Tune in for this panel discussion with our co-founder @hilmarxo to learn about different approaches that protocols & #dApps can use to operate across multiple chains, and gain valuable insights on the future of the market!

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Where does #Web3 stand on its journey to a truly cross-chain ecosystem? 🤔 Our amazing panelist, @0x_Ytocin, @hilmarxo, @pclaudius, and Arthur will have an exciting discussion on this on Sunday at 10 am 🔥 Don't forget to tune in! 👀 🎟️ & ℹ️

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Ready, Set, Shapella! 🚀 Ethereum's game-changing upgrade is live! You can finally withdraw your rewards or maybe get high on LSDs (Liquid Staking Derivatives 😉)

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Exciting news! The @BuildOnBase Goerli testnet is now supported by Automate and Web3 Functions! With Gelato, it’s never been easier to create powerful, unstoppable #web3 apps with superior #UX

RT @blocmatesdotcom: Had the pleasure of sitting down with @gitpusha from @gelatonetwork I knew Gelato was incredibly important but I don…

Get Ready to Upgrade: The Shanghai/Shapella Upgrade is on the horizon with $33.4B worth of staked ETH to be unlocked! What impact will this have on the price of ETH, and what’s coming next? Let’s find out ⬇️

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Join us in an hour in the Gelato Discord and discover the potential of prediction markets with @azuroprotocol & @NexterDotFi 🔮 P.S. Don't miss the chance to mint our special edition OAT!

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RT @azuroprotocol: Our very own Dan Kaizer is speaking to Gelato Network in ~3 hours. Make sure to tune in 🎧👇

Don't miss out on tomorrow's panel with @NexterDotFi & @azuroprotocol! We'll be delving into the potential of prediction markets and how they can shape the future. See you in our Discord!

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Happy Easter everyone! Especially to the builders sticking around in the gruelling times. It will pay off 🙌

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Gelato is partnering with @CoWSwap, @BeaverBuilder and Agnostic Relay to slap the lights out of #MEV bots preying on your hard-earned money. Let's make frontrunning and sandwich attacks a thing of the past.

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Confused about NFTs but too embarrassed to ask now? We’ve got you! 😉 Our Gelato University guide covers everything you need to know, from what NFTs are, to how to buy, sell & trade them, and what to keep in mind before investing ⬇️

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What are your top 3 altcoins? 🥇 ___________ 🥈 ___________ 🥉 ___________

🚨 Proposal 🚨 Supercharge Gelato's growth & help us achieve our goals in our Roadmap 2.0 by allocating 20% of the $GEL supply to future financings! We'll use it to: ✅ Expand our #web3 infrastructure 🏃 Compete in the backend race 🔧 Accelerate technical development 🌟…

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RT @OmniX_NFT: 🔥 Join us tomorrow for Fireside Fridays, where we will be hosting @hilmarxo from @gelatonetwork! Get ready to learn about t…

.@avalancheavax is now supported on Web3 Functions! With Gelato's Web3 Functions, creating powerful, serverless apps with superior UX has never been easier- and you can do it without compromising on decentralization or scalability!

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All that glitters isn't gold- but Gelato is! 🌟

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RT @encodeclub: 🥳 We're excited to announce @gelatonetwork as a partner of the Encode Club powered Web3 Job Fair! They're looking for tale…

RT @safe: Today's the day! Join our judges @SchorLukas @BackseatVC @missvikii @jessepollak @hilmarxo as we announce the winners of the Ma…

Which recent development is the most exciting?