Thread by @FarmerTuHao

Ever since its inception, $LUNA has received bad news after bad news.

Today, $LUNA gained a revolutionary tool that may become the catalyst that sparks massive growth.

🧵(0/10)

1. The catalyst?

@warp_protocol.

https://twitter.com/warp_protocol/status/1670838557379006464

2. @warp_protocol is a decentralized automation protocol.

It allows ANY transaction that has been queued to be automatically executed once it hits certain criteria.

As long as it is on the blockchain, any transaction goes.

3. How does this work?

🌀 Transactions = Jobs
🌀 Criteria = Conditions

Anyone running a Warp keeper bot can complete the job and earn a reward.

https://twitter.com/warp_protocol/status/1670838576299520000

4. The use cases are endless.

Web3 veterans will know better, but from the back of my head, here's what I can think of:

🌀 Limit orders
🌀 Take profit
🌀 Recurring payments
🌀 Arbitrage between DEXs
🌀 Repaying loans before liquidations
🌀 Autocompounding
🌀 DCA into assets/LPs

5. How does this benefit $LUNA?

Get this: for every Job created, 5% of the completion reward is taken as a protocol fee. This protocol fee is then utilized to buy $LUNA.

The $LUNA is subsequently burnt.

6. This means that as @warp_protocol gets increasingly utilized, the buying pressure on $LUNA increases.

Once utilization gets high enough, it can even surpass $LUNA's annual inflation rate of 7%, making it deflationary for the first time.

7. But ser, who will use it given its association with all the negative news?

You'll be surprised. @eris_protocol, one of @terra_money's main #LSDfi protocols has already started implementation.

https://twitter.com/eris_protocol/status/1626365958389465088

8. @astroport_fi has made the decision to replace its existing limit order infrastructure with @warp_protocol.

Thanks to that, limit orders functionality could be easily implemented at their outposts on:

@terra_money
@SeiNetwork
@Neutron_org
@Injective_

https://twitter.com/warp_protocol/status/1670838593055756288

9. Given the approval that @warp_protocol has gotten from many devs, I predict that the uptake of Warp will go parabolic across multiple chains.

The success of protocols utilizing Warp will also contribute to increasing buying pressure on $LUNA.

10. That's it!

Frustrated that your DEXs don't have limit orders after so long? Tag them here so that their devs can implement it using @warp_protocol!

Disclaimer: This is not a sponsored post. I hold $LUNA.

Follow them for Alpha:

@Deebs_DeFi

@Flowslikeosmo

@Hercules_Defi

@0xSalazar

@wacy_time1

@WinterSoldierxz

@rektdiomedes

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@DeFiMinty

@arndxt_xo

@IamZeroIka

@0xTindorr

@DU09BTC

@TheDeFinvestor

@crypthoem

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Part (II):

@poopmandefi

@jake_pahor

@definapkin

@CryptoStreamHub

@0xFinish

@crypto_linn

@defi_mochi

@schizoxbt

@orbital_command

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