The Warp Protocol, powered by Terraform Labs PTE Ltd., is now live on Neutron, a cross-chain focused decentralized automation protocol. This integration will enable developers to create limitless automation capabilities, reducing costs and empowering them to develop new features. Neutron is known for its top security features, staked capital, and cross-chain infrastructure, which will enable DeFi applications to securely scale.
Warp Protocol’s debut feature on Neutron will be Astroport limit orders, which will allow for better trade execution. Unlike market orders that execute at current token prices, limit orders allow users to place buy or sell orders above or below current prices. This collaboration is a major boost for developers, as it will allow them to reduce costs and attract new users.
Terra Labs, founded by Do Kwon and Daniel Shin, continues to build despite regulatory pressure in recent months. Do Kwon has been charged by the U.S. Securities and Exchange Commission (SEC) for fraud and misleading investors about UST. He is currently serving a four-month jail term in Montenegro.
At the time of press, LUNA is exchanging for $0.4275 after a 4 percent rise in the last 24 hours. Trading volume has surged by more than 100 percent at the same time. Investors hope that as the network continues to build, prices will strengthen.
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | 🇲🇪 🇺🇸 |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Vlad Jidkov, Daniel Shin, SEC, Do Kwon, Montenegro. |
| Companies | Neutron, U.S. Securities and Exchange Commission (SEC), South Korea, Montenegro., Terraform Labs PTE Ltd. |
| Currencies | TerraUSD, Ethereum, Terra Luna Classic, Neutron Coin, Bitcoin |
| Securities | None |
