Chainlink Automation has officially gone live on Base, introducing verifiable, decentralized, and gas-efficient smart contract automation capabilities.
#Chainlink Automation is officially live on @base, the layer-2 network incubated by @coinbase.
Foundation builders can now use Web3’s most reliable and high-performance automation solution to enable next-generation use cases.
— Chainlink (@chainlink) January 23, 2024
According to a press release shared with BSC News, this integration reportedly opens the door for Base developers to leverage advanced Chainlink services including CCIP, Data Feeds and Automation, helping them pioneer a new era of hyper-scalable applications.
“We’re excited to see the next-generation apps that developers can build on Base using the advanced off-chain compute capabilities powered by Chainlink Automation,” said Jesse Pollak, creator of Base. “Being able to offload compute-intensive tasks to the Chainlink Network expands the use cases that Base developers can realize.”
Chainlink Automation on Base will reportedly allow developers to incorporate higher levels of computing into their smart contracts. This improvement facilitates the exploration of more advanced use cases, expanding the horizons of what developers can achieve within the decentralized ecosystem.
Improved efficiency with lower gas costs
According to reports, Chainlink Automation on Base offers a wide range of triggers, introducing innovative ways to connect multiple decentralized applications (dApps). For example, automation allows smart contracts to respond to on-chain logging events and act as a robust message bus, similar to the pub/sub message bus used when connecting microservices in traditional Web2 applications.
Reports indicate that Base developers can now offload compute-intensive tasks to the Chainlink network while maintaining the blockchain’s verifiability standards. This integration is expected to result in a reduction in gas costs of up to ~90% and remarkable progress in cost efficiency for the decentralized development of smart contracts.
Previous integrations and ongoing developments
Chainlink’s expansion continues previous integrations, such as the integration of Chainlink’s price feeds on zkSync Era in December. It represents a critical step in Oracle’s SCALE program, which emphasizes sustainable access to layers 1 and 2.
Additionally, in November, Chainlink unveiled an upgrade to its proprietary staking protocol with the introduction of Chainlink Staking v0.2.
Base simultaneously achieved a Total Value Locked (TVL) of $383.5 million, with Aerodrome making a substantial contribution of $107 million to this milestone.