Automate — Introducing DAY Payments

Starting February 4th, 2020, every conditional scheduling performed via Automate will require a 10 DAY tokens payment. This update will come live with several others that we will be sharing throughout the coming weeks.

ChronoLogic’s conditional scheduling tool, Automate, has successfully facilitated several transactions since its release in 2018, helping users transact at the right moment more than $2 million worth in crypto. Now, as we move forward, the team has decided to bring the power of automations into other assets and even blockchains, but that’s not all.

As our new update gets released on September 4th, we will also be implementing a requirement for using Automate — DAY token payments.

Meaning, everyone using Automate will be required to make a DAY token payment in order to bring their conditional scheduling to life.

The initial amount requested by the tool will be 10 DAY tokens for each and every conditional scheduling, but depending on the DAY token average price this amount may change in the future with or without further notice.

For several months now, the ChronoLogic team has been continuously working on its conditional scheduling tool called Automate, which allows you to execute transactions on the blockchain when certain conditions (e.g. time or asset value) are met.

Differently from the decentralized scheduling tool that uses the TimeNode scheme, Automate is a trade-off a few decentralized features for a more robust conditional tech, that in turn is able to increase the iteration levels beyond current decentralized technology.