Blockchain networks are proving to be a great way for projects to launch. They offer a lower competition environment, which allows them attract more users and liquidity faster than other networks.

Astroport (ASTRO) is a recent example. It’s an automated market maker (AMM), which was created on the ().LUNA) network, which has seen an influx of activity alongside the increased attention that is being focused on the Terra ecosystem and its Terra USD (UST) stablecoin.