Terra: Everything you need to know about Wrap Protocol and its impact

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Terra: Everything you need to know about WrapProtocol and its impact

, an automation primitive that enables users to queue transactions for future execution without the usage of centralized bots and scripts.

A few notable features of the protocol include decentralization, better incentives, generic messages, and permissionless execution. However, the Wrap Protocol did little good to the token, as its weekly chart was painted red. According to CoinMarketCap, Terra’s price was down by over 5% over the last week, and its daily performance was also not promising. At press time, LUNA wasInterestingly, the new update reflected on’s on-chain metrics, as a few of them looked pretty optimistic for the network. For instance, LUNA’s development activity chose a northbound path and increased over the last week. This was a positive signal as it reflected the developers’ increased efforts to improve the network.

Besides, LUNA was also quite popular in the crypto community, as its social volume registered a spike.blockchain as well. Like LUNA, LUNC also failed to put a smile on investors’ faces as its price was down by 7% over the last week. Fortunately, data from CoinGecko revealed that things might get better for LUNC soon. LUNC was among the top traded IBC tokens in the Cosmos ecosystem, which was positive news. Coincidentally, LUNA also made it to the same list.

 

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How come everybodyy is silent on this!!!

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