If you're not familiar with Gelato Network, you've likely used it unknowingly, much like driving a car to work without understanding the Otto cycle or the laws of thermodynamics. This is what makes Gelato's innovations so fascinating: they are seamless and interoperable without your awareness. Gelato has become a hub for web3 services, all within a single platform; currently offering:

• Rollup as a Service (RaaS)

• Web3's cloud platform

• Gasless transactions

• Smart contracts automation

• Real World Api connection

It's a fully decentralized backend solution for developers and users looking to automate their smart contracts with extreme efficiency. Gelato enables off-chain operations, facilitating the execution of millions of transactions across most EVM-compatible ecosystems; currently, Gelato holds almost 80% of the market share of automated smart contracts in the entire DeFi space. Thus, it represents the underlying infrastructure of tons of projects (see the image below).

Gelato's killer application is its plug-and-play suite, SDK, tools, and comprehensive documentation that support every developer, which can be initiated with minimal effort, significantly reducing the gap between beginners and more experienced users by solving in one fell swoop:

• Expensive DeFi ecosystem fees

• The difficulty of scaling off-chain easily

• The challenge of autonomously executing and automating smart contracts

Gelato is currently used by Ethereum, Polygon, Fantom, BNB Chain, Arbitrum, Avalanche, Optimism, Gnosis Chain, Moonbeam Network, Cronos, and Moonriver.

Gelato Automate is the DeFi equivalent of Zapier, allowing for the automation of smart contracts in just a few minutes and in 4 simple steps:

1. Enter the desired contract address

2. Select the function

3. Set the execution time

4. Deposit funds to pay the fees

5. … And it's done!

To date, Automate is the most highly rated & widely used Web3 automation solution in the market, capable of instant 24/7 monitoring and execution. The use cases are numerous:

• Yield Farming: Harvesting vaults, rebasing Algorithmic stablecoins, Preventing User Liquidations, Reward Claiming & Compounding Rewards

• Oracle: Updating TWAP Oracles, funding wallets

• Gaming: NFT lending periods, requesting & consuming randomness, reward distribution periods, automating gameplay loops

• Money Management: Funding wallets, preventing user liquidations, dollar-cost averaging, token transfers or burns

• DEX: Limit orders on AMMs, DCA

• Prediction: Periodic rounds on prediction markets

• DAO: Periodic Reward Distributions

• Lending: Preventing User Liquidations

• Derivatives: Limit Orders for Derivatives

Relay adds another dimension to Gelato, enabling a rewrite of DeFi dynamics by allowing users and developers to execute transactions only when necessary. Essentially, Gelato acts as a relay, enabling off-chain transaction signing to interact with web3 apps via a proprietary API call. The transactions are then submitted by Gelato to the respective blockchains, covering the gas fees. This results in:

• Reliable transactions are mined within a couple of blocks, eliminating network reliability issues without sacrificing decentralization.

• Flexible payments accept a variety of whitelisted ERC-20 tokens as either prepayments or in-execution payments.

• Multichain support for all major networks for gasless transactions, including cross-chain bridging.

It's really easy to use, requiring:

1. Deploying a compatible contract or using one of ours (see code example links below).

2. Running the code examples found on each SDK method page.

   • sponsoredCallERC2771

   • callWithSyncFeeERC2771

   • sponsoredCall

   • callWithSyncFee

To address the complexity of DeFi payments, Gelato has also introduced a unified multichain payment system called 1Balance, ingeniously simple and easy to use.

One of Gelato's latest ambitions is to bring serverless functions and cloud services to the decentralized world, acting similarly to centralized platforms like AWS or Google. This represents a new paradigm, allowing developers and users to build web3 apps without servers and without relying on a centralized system. This enables:

• Connecting smart contracts to off-chain data

• Ensuring data accuracy and multiple party sign-offs

• Running off-chain computation

• Executing transactions on all major blockchains

• Sending notifications triggered by events or state changes

• Indexing and storing data such as events and transaction receipts

All these operations are made easy and accessible to everyone, in line with Gelato's mission. You'll find tutorials and comprehensive documentation to do all this independently and securely.

Gelato Network has pioneered (according to our research) the concept of Rollup-as-a-Service (RaaS, an all-in-one platform for Ethereum Rollup, designed to offer ready-to-use Layer 2 (L2) solutions. This platform allows for the deployment of L2 production-grade rollups, natively integrated with essential tools like oracles, bridges, data indexers, and account abstraction, facilitating a ready-to-use Web3 development environment.

Gelato RaaS stands out for its ability to provide no-code rollup implementations, ready in a few clicks, while ensuring Ethereum-level availability and guaranteed uptime. Leveraging Gelato's redundant and multi-regional infrastructure, which has demonstrated 99.9% uptime over the past four years, users can enjoy standard industry web3 services on their rollups.

This includes native integration with tools like oracles and bridges, enabling the deployment of custom L2 chains from the genesis block. Additionally, Gelato RaaS offers the ability to generate and monitor revenue from transaction fees, thereby reducing cost bases and generating user activity revenue, supported by a dedicated dashboard for profitability monitoring.

Gelato Network stands at the forefront of the Web3 current state of market, offering an array of seamless, decentralized solutions that cater to both developers and users within the blockchain ecosystem. From Rollup as a Service to gasless transactions and smart contract automation, Gelato’s mission is to reducing complexity and making blockchain technologies more accessible and efficient.

The platform's ability to automate smart contracts in a developer-friendly environment, akin to the Zapier of DeFi, alongside its innovative Relay system for gasless transactions, highlights its pivotal role in enhancing user experiences and operational efficiencies across various blockchain networks.

Moreover, Gelato's introduction of Web3 Functions and the pioneering concept of Rollup-as-a-Service (RaaS) illustrates its ambition to expand the infrastructure of decentralized applications, aspiring to bring concepts and tools typical of the centralized world into the decentralized world.

As Gelato continues to evolve and expand its services, it solidifies its position as an indispensable infrastructure layer for the DeFi ecosystem, bridging the gap between complex blockchain functionalities and user-friendly applications. This progression not only fosters greater adoption and innovation within the Web3 space but also paves the way for a more inclusive, decentralized future.

WRITTEN BY Danilo Giudice