PropyKeys has integrated Chainlink Automation to securely and efficiently facilitate the distribution of staking rewards on their platform, aiming to improve user engagement and streamline the process. Notably, PropyKeys is now live on the Base mainnet.

By leveraging Chainlink Automation for their staking rewards distribution operations, PropyKeys ensures a highly reliable Web3 automation solution. The Chainlink Automation Network is operated by the same node operators currently involved in managing significant sums within the DeFi ecosystem. Chainlink's framework enables timely execution of staking rewards distribution.

PropyKeys is ambitiously targeting to onboard 5 million property addresses on-chain by 2025. Since 2017, the company has been actively engaged in on-chain transactions and introduced pioneering decentralized title listings and escrow settlement protocols to securely store land records and execute transactions on-chain.

Chainlink Automation is a decentralized solution designed to manage tasks instead of smart contracts, utilizing decentralized and highly reliable automation nodes to trigger smart contracts as needed for periodic on-chain activities.

Chainlink Automation offers robust and decentralized automation, accompanied by a proven framework that facilitates cost savings and accelerates upgrades while opening doors to new use cases.

According to Andrew Zapo, the COO of PropyKeys, partnering with Chainlink Automation enables them to leverage its secure, reliable, and decentralized automation solution.

PropyKeys, a gamified platform within the Propy ecosystem, is revolutionizing real estate ownership through blockchain technology, having been launched on Base in March 2024. It empowers users to mint digital addresses and deeds for physical properties.

On the other hand, the decentralized computing platform Chainlink is a leader in enhancing the authenticated web, facilitating a significant volume of transaction value by enabling financial institutions, startups, and developers to access real-time data, off-chain computation, and secure cross-chain interoperability across various blockchains. This enhances applications in banking, DeFi, global trade, and other sectors.