Chainlink Automation
lily@57blocks.com
Chainlink Automation uses a decentralized network to monitor your automation logic securely and cost-efficiently off-chain, and then initiate an on-chain transaction to execute the smart contract function when predefined conditions are met.
In Chainlink Automation the transaction fee is paid by LINK. You can find the link fee calculation here
Supported Chains
Ethereum
BNB Chain
Polygon
Avalanche
Fantom
Arbitrum
Core Products of Automation
Time-based Automation
Implement by Time-based trigger that executes your function according to a time schedule. This feature is also called the Job Scheduler and it is a throwback to the Ethereum Alarm Clock.
Custom Logic Automation
Implement by custom logic trigger that provides custom solidity logic that Automation Nodes evaluate (off-chain) to determine when to execute your function on-chain. The contract must meet the requirements to be compatible with the AutomationCompatibleInterface contract.
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