Ankr Automate: Hands-Free Smart Contract Execution Made Easy
Kevin Dwyer
July 5, 2023
3 min read
Smart Contracts are indeed a smart method of orchestrating the flow of programmable assets. However, they are not able to trigger themselves automatically – unless, of course, you’re using Ankr’s newest tool for Web3 developers. We are very excited to announce the launch of Ankr Automate to transform the landscape of smart contract execution for Web3 applications. Gone are the days of manual execution or endless complexities that come with DIY automation. With Ankr Automate, developers and users can now streamline their project’s operations and efficiency while unlocking the true potential of decentralized applications.
What Is Ankr Automate?
Smart contracts have long been hailed as one of the defining features of Web3, enabling secure and transparent transactions without the need for intermediaries. However, the execution of these contracts often comes with its fair share of challenges. From managing gas fees and optimizing execution times to handling complex contract interactions, developers have faced a steep learning curve and time-consuming processes.
Traditionally, developers have been left with two choices in attempting to activate a smart contract: execute the functions manually or create complex, centralized backends. But why choose between human error and technical complexity when you can have a decentralized, error-free solution to automate smart contracts across platforms and protocols with Ankr Automate?
Experience all of Ankr’s smart contract automation benefits:
- Automate your smart contract in the most decentralized way possible
- Easily manage multiple tasks across various networks from one platform
- Significantly reduce the risk of failed execution compared to running your own automation system
- Trigger contracts with your own time schedule or a third-party contract execution as a condition
- Receive instant notifications on execution, low-balance alerts, or task failure
- Set up an automated contract in three minutes or less
How It Works
In a few simple steps, developers can automate their project’s smart contracts by using the Ankr Automate platform.
Define the Task
Provide your smart contract address, function, and input
Set Timing Conditions or Other Triggers
Set a time interval for execution or use a resolver contract to trigger
Select Payment Method
Choose to be debited from your account or directly from the contract
Sit Back and Relax
Once you’re set up with the above steps, Ankr Automate takes over while keeping you informed of all important updates
How You Can Use Ankr Automate
DEX & DeFi Trading
Automation can be very powerful in the world of DeFi, as you can use it to create applications that control trade executions, liquidations, incentive schemes, and more.
NFT Projects
Mint new NFTs based on nearly any triggering event you can think of, deliver rewards to holders after a certain time, or create NFTs that change over time, among many other uses.
Web3 Gaming
Have your game’s smart contracts activate during critical gameplay moments, deliver time-based rewards for NFT characters, or enable any other creative on-chain interaction.
All Other Web3 Use Cases
Almost all Web3 applications or projects can benefit from reliable and performant smart contract automation.
Automate your first smart contract
Final Thoughts
Ankr Automate is a game-changing solution that simplifies and automates smart contract execution. With its intuitive interface and powerful features, Ankr Automate empowers developers to focus on building innovative applications, rather than getting mired in the intricacies of smart contract execution.
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