Autonio’s new multi-tier staking system will keep a scrupulously accurate tally of user rewards thanks to Chainlink Keepers, a decentralized node network that monitors and executes tasks on behalf of decentralized finance (DeFi) projects.

Chainlink Keepers will enhance flexibility across Autonio’s revamped trading toolkit by enabling the smart rebalancing of portfolios, the auto-compounding of rewards for those who stake our native NIOX token to support the project, and the effective functioning of the soon-to-be-introduced Smartpools liquidity reservoirs.  

Chainlink Keepers is a distributed network of nodes that allows smart contracts to outsource regular maintenance tasks to professional DevOps, which serve as trust-minimized, hyper-reliable, economically incentivized, and decentralized automation bots. It allows users to define Chainlink Keeper jobs, which Keepers perform for a fee using a professional network of node operators, which rotate taking on these keeper jobs.

The main benefits of Chainlink Keepers are as follows:

  • High Uptime — Chainlink Keepers are run by the same professional DevOps teams that have an established on-chain performance history of providing high reliability to Chainlink Price Feeds during extreme network congestion and market volatility.
  • Low Costs — Chainlink Keepers have several gas-optimizing features that lower the costs of automating maintenance tasks for users, including a rotating node selection process to prevent gas price auction wars and stabilize costs. 
  • Decentralized Execution — Chainlink leverages a decentralized and transparent pool of Keepers to help provide strong guarantees around secure contract automation, saving teams time and mitigating the risks around manual interventions or centralized servers.
  • Expandable Computation — Chainlink Keepers perform off-chain computations and generate call data verifiable by smart contracts, allowing developers to build advanced, trust-minimized dApps at lower costs.

When Staking 2.0 rolls out this week, users will be able to use the Autonio Suite Dashboard—a new gateway to the full range of trading products and tools—to deposit NIOX tokens and begin accumulating rewards. 

These are paid out every 90 days on a rolling basis—unless users select the auto-compounding feature via the dashboard (they can opt-out at any time). Our deployment of Chainlink Keepers means users who opt to auto-compound can rest assured that their holdings will be closely tracked to help ensure accrued returns are compounding accurately.

About Autonio

Autonio Foundation is a decentralized autonomous organization built around developing accessible, easy-to-use and affordable trading tools and services for the DeFi ecosystem.

Autonio is building a prosperous community around algorithmic trading by democratizing access to intelligent automated trading tools and infrastructure. These tools make it easier for crypto traders to conduct trading analysis, deploy trading algorithms, exchange cryptocurrencies, sell their strategies and pool funds for trading purposes, all with profitability, security and ease.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offers global enterprises and leading data providers a universal gateway to all blockchains. 


Learn more about Chainlink by visiting chain.link or read the documentation at docs.chain.link. To discuss an integration, reach out to an expert