Gelato
Onchain Tooling
Description
Gelato Network is a decentralized backend for web3, offering automation, gas optimization, and off-chain operations for smart contracts. Its Rollup-as-a-Service (RaaS) platform supports over 50 rollups with built-in web3 services. Governed by a DAO, GEL token holders influence decisions through proposal discussions and Snapshot voting. The GEL token, with a total supply of 420,690,000, is allocated to community development, the team, private investors, and public sale. Gelato has raised $23.2 million in funding to expand its RaaS platform and enhance scalability for leading web3 projects.
Value Proposition
Gelato Network is a decentralized backend for web3, enabling developers to automate smart contracts, optimize gas usage, and handle off-chain operations. Its Rollup-as-a-Service (RaaS) platform allows developers to deploy custom rollups with built-in web3 services, supporting scalability and security for over 50 rollups used by leading projects.
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