THELOGICALINDIAN - Autonomy Network is the arch decentralized automation agreement architecture analytical automation basement for Web3 dApps
Autonomy Network, an off-the-shelf decentralized automation protocol, is captivated to acquaint AutoSwap, the aboriginal anytime dApp to action absolute order, stop loss, brief accident protection, and alternating acquittal appearance for Binance Smart Chain-based DEXes such as PancakeSwap.
The dApp will additionally be Available on Ethereum, Polygon, Avalanche, Solana and added Chains.
It’s the aboriginal time that these appearance accept become accessible in the absolute DeFi ecosystem. By alms appearance in DeFi that were accessible alone on centralized exchanges until now, AutoSwap aims to advice users bigger administer accident and addition allotment after accepting to beam at the awning 24/7. Since the crypto markets are accessible about the clock, traders can automate their orders application Autonomy to break alive in the bazaar alike back they are asleep.
James Key, the co-founder of Autonomy Network, commented:
“By introducing both absolute orders and stop losses to DEXes for the aboriginal time anytime on any blockchain, Autonomy has enabled DEXes to accept the aforementioned appearance as centralized exchanges. Since best of crypto trading aggregate is not in bazaar orders, this agency that the capital inhibitor of the advance of DEXes has been removed and is the final attach in the casket for the ascendancy of centralized exchanges, acceptance best of the aggregate to move over to DEXes.”
Leading DEXes on assorted blockchains accept partnered with Autonomy to action their users the aforementioned appearance accessible on centralized exchanges. With trading volumes of DEXes growing exponentially, abridgement of automatic solutions such as absolute orders, stop losses, alternating payments, and brief accident aegis had become a absolute affliction point for DeFi users.
SokuSwap, a multi-chain decentralized exchange, has auspiciously chip Autonomy on the Binance Smart Chain. Pangolin is amalgam Autonomy’s absolute orders, stop losses, and brief accident blockage appearance on Avalanche. It aims to advance its all-embracing account and accommodate bigger accident administration to users and LPs by amalgam Autonomy. Soon ApeSwap will additionally accept Autonomy-powered absolute orders on Binance Smart Chain.
Autonomy Network enables DeFi users to set up approximate accomplishments to be triggered beneath approximate conditions, in a decentralized and affirmed way. It is not aloof bound to trading. It could accommodate with decentralized exchanges, lending protocols, DAO administration tools, or alike metaverse and NFT projects. For instance, SushiSwap’s lending belvedere Kashi has absitively to natively accommodate Autonomy to action automating self-liquidations.
These integrations are accident alike afore Autonomy Network launches its token. The agreement is advancing for its Initial DEX Offering (IDO) in February.
Autonomy Network is the arch decentralized automation agreement architecture analytical automation basement for Web3 dApps. Autonomy Network helps DEXes beyond Ethereum, Binance, Avalanche, Polygon, and added chains and Layer-2 solutions access their volumes by enabling them to action users a added ambit of appearance such as absolute orders, brief accident protection, alternating payments, and more.
