DAO Invest will Integrate Chainlink Keepers to Automate the Passive Income Payouts
DAO Invest is pleased to announce that we will integrate Chainlink Keeperson Ethereum to Automate Passive Income Payouts for all the DAO Invest community members. Chainlink Keepers use decentralized and provably reliable off-chain computation to monitor user-defined conditions and then call on-chain functions once conditions are satisfied. DAO Invest will leverage Chainlink Keepers to trigger the execution of passive income payouts for the VEST token holders. This will empower DAO Invest Ecosystem to better manage the community crypto portfolio and automate the payouts, ultimately increasing the resilience of the whole platform overall.
DAO Invest is a part of inSure DeFi Ecosystem that creates a community-controlled crypto portfolio that allows staking by contributing to the community-voted liquidity pools.
VEST token is a native utility token of DAO Invest Ecosystem which enables rights to vote on the future roadmap items and potential partnerships or support of other projects.
DAO Invest is a long-term project that has the ability to pivot based on the decision of the community. All the transactions and community LP holdings are verifiable on Ethereum, BSC, and Polygon chains.
Chainlink Keepers provide a decentralized solution that is cost-effective, reliable and upholds the same security guarantees of the blockchain. Chainlink Keepers will be used to monitor users’ VEST holdings and based on the maturity of the VEST trigger the passive income payouts.
Some of the unique features of Chainlink Keepers that will allow DAO Invest to achieve automation of the DAO Invest portfolio management:
- High Uptime — Chainlink Keepers are run by the same professional DevOps teams that have an established on-chain performance history of providing high reliability to Chainlink Price Feeds during extreme network congestion and market volatility.
- Low Costs — Chainlink Keepers have several gas-optimizing features that lower the costs of automating maintenance tasks for users, including a rotating node selection process to prevent gas price auction wars and stabilize costs.
- Decentralized Execution — Chainlink leverages a decentralized and transparent pool of Keepers to provide strong guarantees around secure contract automation, saving teams time and mitigating the risks around manual interventions or centralized servers.
- Expandable Computation — Chainlink Keepers perform off-chain computations and generate calldata verifiable by smart contracts, allowing developers to build advanced, trust-minimized dApps at lower costs.
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
Chainlink is trusted by hundreds of organizations, from global enterprises to projects at the forefront of the blockchain economy, to deliver definitive truth via secure, reliable oracle networks. To learn more about Chainlink, visit chain.link and subscribe to the Chainlink newsletter. To understand the full vision of the Chainlink Network, read the Chainlink 2.0 whitepaper. Want to discuss an integration? Talk to an expert.
About DAO Invest
DAO Investis a Decentralized Crypto Portfolios Management Ecosystem, trusted by thousands of members to create community wealth. DAO Invest provides a collaborative approach to manage the LPs for VEST tokens and increase the value of the governance token by utilizing collective wisdom.