Thread by @warp_protocol

1/ Terra DeFi just got an U P G R A D E ⏫️

We're thrilled to announce that Warp Protocol is now LIVE on Terra's Phoenix-1 mainnet! 🎉

beta.warp.money

Details on Warp, new feature additions, safety and security enhancements, and helpful guides to get started 👇

2/ What is Warp Protocol, and how does it work? 🤔

Warp is the decentralized automation layer for the #TeFi ecosystem, enabling Terra protocols and users to queue transactions to be executed automatically in the future based on any available on-chain data.

3/ The transactions are called jobs, and the circumstances under which they become executable are called conditions.

When conditions are met, a job can be executed by anyone in the community in exchange for that job’s $LUNA reward.

Example:

4/ Warp thus enables a decentralized, permissionless marketplace that connects job creators (protocols and users) with job executors (keepers).

5/ In the Warp economy, protocols save themselves time and money in the process of automating functionality, users gain flexibility and autonomy over what they can accomplish on-chain, and keepers earn consistent rewards from executing jobs — it’s a win-win-win 🎯

6/ Feature Additions ➕

Following the Dec. 15th roadmap release, Warp has integrated several new features, including:

🔎 Internal on-chain queries
⤵️ External parameter injections
🔄 Recurring jobs

To learn how each one works, see the roadmap:

https://twitter.com/warp_protocol/status/1603354404870037506?s=20&t=jHm2ZO4_FdjbMN75XivN2w

7/ Contract Audits 🔎

Before today's launch, Warp underwent a complete smart contract audit by @goFYEO to strengthen the safety and security of the protocol 🔒

✅ All important issues discovered through the audit have since been remediated to reduce the risk to Warp users

8/ DDoS Resistance 💪

Warp is also more resistant to DDoS attacks now due to the addition of job evictions, which limit the time a job can stay in the queue by charging a minimal recurring fee.

Cost to spam the job queue increases ⬆️
Remains cheap for everyday job creators ✊

9/ Create Your First Job 🚀

Soon, Warp users will be able to create jobs from a library of pre-made templates without needing to code a single line. Still, today users can learn how to create jobs or job templates by following the steps here 👇

docs.warp.money/get-started

10/ Build a Keeper Bot 🤖

Keepers are those who execute Warp jobs once job conditions are met.

For those looking to become a keeper and earn rewards from job execution, visit the keeper guide 👇

docs.warp.money/guides/keeper

11/ Integrate Warp ⚡️

Warp's advanced SDK introduces a novel way to enhance smart contract functionality. Using just a few lines of code, developers can easily import Warp’s decentralized automation functionality right into their front or backend 👇

github.com/terra-money/wa…

12/ Q & A 💡

For questions related to Warp, feel free to send a message in the Warp Telegram or Discord – someone from the community will be happy to assist you!

TG: t.me/warp_protocol
Discord: terra.sc/warpdiscord

13/ Warp represents a powerful new tool in #TeFi protocols' and users' tool belts 🛠 – one which lowers the cost of automation through permissionless execution and enables flexible future transactions through customizable jobs.

Try Warp now at beta.warp.money