Gelato Network is a decentralized network of bots used by Web3 developers to automate smart contract executions on all major public EVM compatible blockchains including Ethereum, Polygon, Fantom, Arbitrum, BNB Chain, Optimism and many more. Using Gelato, developers can outsource their Web3 DevOps needs around automating and relaying transactions in order to focus exclusively on building their core product.
Gelato Network operates as a marketplace bringing together two parties: developers wanting to automate transactions on one side and infrastructure operators on the other side who run executor bots looking for tasks to complete in return for a small fee.
The Gelato DAO is powered by the ERC-20 Gelato token ($GEL). The Gelato token is the central focal point of all relevant stakeholders in the network. The token exists as a utility for effective incentive alignment amongst the protocols' participants. Token holders will be able to signal their support for or opposition to Proposals in the Gelato DAO.
