DeFi Automation Bot Network Gelato: Use Cases, Competitors and What’s Next

Welcome to The Ask, where each week Crypto Investor interviews essential voices doing the work to make crypto ‘mainstream.’ Exchange lightly edited.

Welcome to The Ask, where each week Crypto Investor interviews essential voices doing the work to make crypto ‘mainstream.’ Exchange lightly edited.

This week, senior reporter Stacy Elliott spoke to Luis Schliesske and David Liebowitz, the co-founder and growth manager at Gelato Network. The web3 project, which launched in 2018, just closed an $11 million Series A round last week. The bots they build allow for automation in a way that most smart contracts don’t support. One of their most popular bots allows users to place limit orders on Uniswap, guaranteeing buy and sell transactions only happen at a specified price or better.
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