Chainlink, the most widely used oracle services provider, and Arbitrum, the most widely used Layer 2 scaling solution for Ethereum dApp development, have announced the launch of Chainlink Automation on Arbitrum One. A number of projects including COTI and Armadillo, Cask, and DeFiEdge, are already integrating Chainlink Automation into their dApps to reliably trigger key smart contract functions on Arbitrum One.
Chainlink has helped drive the rapid growth of the DeFi ecosystem on Arbitrum One. Now, with the launch of Chainlink Automation on Arbitrum One, developers have access to the reliable and performant automation needed to build advanced dApps by leveraging a decentralized network of nodes that monitor smart contracts and then execute functions using Chainlink’s battle-tested transaction manager, which takes care of nonce-management, gas spikes, and network re-orgs.
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“We’re excited to support the Arbitrum ecosystem with the native integration of Chainlink Automation, enabling developers to build highly scalable and low-cost smart contract applications that are automated end to end,” said Niki Ariyasinghe, Head of Blockchain Partnerships at Chainlink Labs. “With the enhanced uptime and security guarantees provided by Chainlink Automation, Arbitrum developers can build the next generation of decentralized applications and help reliably scale the Web3 ecosystem.”
Arbitrum One is an optimistic rollup for Ethereum that powers high-throughput, low-cost dApps. Chainlink Automation is a smart contract automation solution that is now available on the Arbitrum network for all developers and dApps. By combining Chainlink’s reliable blockchain automation solution with Arbitrum One’s layer-2 ecosystem, developers now have the ability to build advanced, feature-rich dApps that can scale at an ever lower cost.
“DeFi apps have experienced tremendous growth on the Arbitrum One, which allows them to scale in a secure manner,” said A.J. Warner, Chief Strategy Officer of Offchain Labs. “Similarly, Chainlink Automation helps dApps reliably scale by enabling them to automate DevOps and maintenance tasks without having to rely on centralized scripts or worry about single points of failure.”
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