Autonomy Network (AUTO)Autonomy Network is a decentralized automation protocol – it allows you to have transactions automatically execute in the future under arbitrary conditions. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
What is Autonomy Network
Autonomy Network is an infrastructure service, and a tool, that allows anyone to automate any on-chain action with any on-chain condition. For example, limit orders/stop losses for traders of decentralized exchanges like Uniswap, and exit liquidity positions once impermanent loss becomes too great.
Autonomy is full composable, so it can even be used by on-chain entities like DAOs to automate things such as recurring salary payments. Because it's infrastructure that's meant to be used by other projects directly to add features, similar to ChainLink, users don't even need to know it exists - they just use a dapp that automates something, such as a limit order, and the experience is the same as it would be with a centralized exchange. Users don't need to learn anything or deploy a contract, it 'just works'!
Autonomy is ultimately a B2B tool. However, the team has been creating user-facing dapps to prove the feasibility and demand for new use cases, using them as a stepping stone for the automation features being integrated into other projects natively or having others fork our dapps and improve them while still using Autonomy under the hood.
LegalRegistration year: 2021 | Token infoTicker: AUTOType: Utility-token |