Automata Network is a blockchain project that functions as a privacy middleware layer. It’s designed for dApps operating in the Web3 ecosystem and offers access to a set of privacy-focused tools, including Anonymous Voting and MEV (Maximal Extractable Value). The project looks to benefit from growing interest in privacy-first DeFi use cases. It has been built by experienced industry participants to address privacy-related challenges. 

ATA is the project’s native token. The maximum supply is 1,000,000,000 $ATA.

What are Automata Network’s key features and how does it work?

Automata Network delivers 3 solutions intended to enhance blockchain privacy: witness, conveyor, and librarian:

Automata Witness provides a voting system that can be tailored with privacy settings, and is made for deployment across decentralized applications on multiple blockchains. Witness includes configurable privacy levels controlled by project owners, low costs, and Chainhook. Chainhook enables automatic on-chain execution of tasks according to voting outcomes.Conveyor is an MEV Minimization approach. It structures transactions into a predetermined sequence, preventing bad actors from inserting additional transactions into the output, or removing transactions from the ordered set.Librarian enables no-tracking data indexing. In practice, this helps stop attackers from abusing the transparency of public blockchains to collect sensitive information.

The Automata Network is supported by several operating roles:

Geode, compute nodes running in shielded and isolated computation environments;Geode Providers, nodes that host the Geode network and earn rewards for their contributions;Geode Attestors, which verify integrity by checking the hardware and software quality of nodes;Validators, staking nodes that participate in the Proof-of-Stake consensus mechanism to help secure the protocol;Control Planes, which handle Geode marketplaces and oversee nodes, such as distributing rewards;Compute Planes, where Geodes take on and finish work tasks;Service Planes, which contribute to network privacy by building and integrating privacy solutions into applications.

What can ATA be used for?

ATA is Automata’s native token and mainly serves as a utility token. It can be used for participation in the platform’s Proof-of-Stake consensus mechanism, for paying gas fees, staking, governance voting, and geode auctions. 

Where can you buy ATA?

ATA can be traded on the following CEXs and DEXs listed here. The most widely used platforms with the highest liquidity are Binance, Gate.io, and KuCoin. The ATA price will differ by exchange selection and broader market conditions. For the latest and historical ATA market price information, check the price charts on this page.