Osmosis new proposal: Suggest deploying Warp Protocol to Osmosis

2024-02-26 20:44:14
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ChainCatcher news, Osmosis has proposed a new initiative to deploy the Warp Protocol on its platform. Launching Warp on Osmosis will enable the Osmosis developer community to automate smart contract functionalities in a decentralized and cost-efficient manner, thereby creating new features and applications that attract users and capital, increase on-chain transaction volume, and enhance on-chain engagement.

It is reported that Warp is a decentralized automation protocol that is currently running on Terra, Neutron, and Injective, allowing developers to create new product features and user experiences through cost-efficient on-chain automation without the need for smart contract changes.

Additionally, as a first integration, Warp is collaborating with the cross-chain yield hub Quasar to provide decentralized asset management for users interested in passively earning yield. This collaboration aims to automate reward management and decentralize the infrastructure of Quasar's products on Osmosis.

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