Summary
This proposal aims to upload the contracts necessary to deploy Warp Protocol on Osmosis. Warp is a decentralized automation protocol currently live on Terra, Neutron, and Injective that enables developers to create novel product features and user experiences through cost-efficient, on-chain automation—no smart contract changes necessary. Launching Warp on Osmosis will provide the Osmosis developer community with the ability to automate smart contract functionality in a decentralized and cost-efficient manner, allowing them to create new features and applications that attract and retain users and capital, increase chain transaction volumes, and boost on-chain engagement.
As the first integration, Warp is collaborating with Quasar—the interchain yield hub—offering decentralized asset management via interchain vaults to users interested in passive yield. This partnership aims to automate rewards management and decentralize the infrastructure of Quasar’s products on Osmosis.
About Warp
Warp Protocol—the decentralized automation layer for the Cosmos ecosystem—enables developers to create novel product features and user experiences through cost-efficient, on-chain automation—no smart contract changes necessary.
Using Warp, developers can schedule future transactions, called ‘jobs,’ by defining specific conditions based on on-chain data. When the conditions for a given job are met, anyone running a Warp keeper bot can permissionlessly execute the job and receive the rewards set by the job creator for successful execution.
By design, Warp is fully customizable and scalable. Jobs can be composed of any transaction or group of transactions organized in an atomic list form. These can be simple in nature, such as sending a transaction, or complex and recursive, whereby a job is composed of multiple transactions and jobs. This opens up a wide range of potential use cases, such as efficient reward systems, automated liquidity management, automated trading strategies, dynamic NFTs, fund migration, and more.
This week, the team launched Warp v2—a powerful upgrade that enhances the Warp developer experience, improves efficiency, and extends Warp’s capabilities.
About Quasar
Quasar is the go-to place for managing assets in the Cosmos ecosystem, providing a seamless gateway to the world of IBC-enabled yield opportunities.
As a decentralized platform, Quasar is dedicated to simplifying yield generation and addressing challenges in liquidity, capital pooling, and trading volumes with a comprehensive solution. By depositing capital into their dynamic vaults, users can earn yields, swap fees, incentives, and even qualify for airdrops, all powered by their innovative technology.
Quasar’s goal is clear: to be the go-to yield aggregator across the entire IBC landscape.
Motivation
Warp was built to fill a need: the Cosmos ecosystem lacks a decentralized automation tool. By enabling Warp, Osmosis will equip its ecosystem with cutting-edge developer tooling to automate on-chain actions, allowing developers to enhance their applications with novel features and experiences that attract and retain new users and capital, increase transaction volumes, and boost on-chain engagement.
As an initial collaboration on Osmosis, Warp is partnering with Quasar—the leading interchain vaults provider—to enrich their product offerings by implementing auto-compounding rewards and decentralized vault infrastructure.
Warp Contracts
Audit
Timeline
If the governance proposal is approved, the Warp contracts will be uploaded to the Osmosis chain on the same day. After enabling the contracts, users can leverage Warp to automate any set of on-chain actions and create new application functionality. Following the deployment, the Warp team will work with Quasar to automate their rewards distribution and decentralize the infrastructure of their concentrated liquidity (CL) vaults.
Links
Warp Protocol
Quasar