Sonic Labs, the world’s leading rugged EVM chain, partners with Gelato Network, a rollup-as-a-service platform. Both FinTech companies want to join forces to improve the Web3 experience for users. According to the news shared on
🚀 Have you ever wanted to buy tokens in your sleep? Say hello to limit orders on #Sonic and more!
We’re proud to introduce our partnership with @GelatoNetwork, available on Sonic at launch!
Gelato brings a range of Web3 services to Sonic, combining blazing speed with… pic.twitter.com/Kd2TbiwqUu
— Sonic Labs (previous Fantom) 💥 (@0xSonicLabs) August 28, 2024
Gelato brings a suite of Web3 services to Sonic Labs
This collaboration is of great importance because both FinTech companies will use their expertise for a common goal: improving the Web3 experience. By joining forces, they can harness Gelato’s advanced technology to match Sonic’s lightning speed. In addition, Gelato will bring the suite of three advanced services to Sonic Labs.
- Gelato Features: Automation
Through this feature, Gelato enables developers to automate the response to on-chain and off-chain events and smart contract tasks. Moreover, users can restrict DeFi orders to automatically sell or buy cryptocurrencies based on the predefined plan even when they are sleeping.
- Gelato Relay: Gasless TXs
Secondly, Gelato will make it easier for the developers to build the applications by paying the gas fee directly. Instead, they could cover gas costs with any digital ERC-20 asset for a smooth experience like Web2.
- Gelato VRF: Verified Randomness
Last but not least, Gelato will facilitate users with verifiable randomness in the chain to ensure the fair distribution of rewards.
Key objectives of the partnership
The collaboration between Sonic and Gelato plays a crucial role in making Web3 accessible and institutional. Both firms push the boundaries based on their expertise. This collaboration is now live on Sonic Labs and invites users and developers to explore the possibilities of Web3 services. This helps the user community to trust their crypto trading decisions to gain the maximum profits and explore the Web3 space.