Discover and read the best of Twitter Threads about #kuji

Most recents (7)

I'm seeing a lot of chatter about this $SWTH token.

I dug through their tokenomics, and what I found surprised me.

Here's why $SWTH has grade-A real-yield tokenomics, and is one of the best in #crypto.

tldr at the end;
๐Ÿงต

#realyield #cosmos #perp #dex #carbon #kuji #sei #osmo
$SWTH is the governance token of @0xcarbon, which is a DeFi-focused L1 chain on Cosmos, with built-in DeFi modules like orderbooks, CDP (money markets), perpetual, flexi network fees, etc.

They are tailored for DeFi dApps, offering the best DeFi experience for users. Image
Dem.exchange is one such DeFi dApps currently live on the Carbon network.

It is a frontend UI for users to easily interact with Carbon's inbuilt DeFi modules.

Demex is an all-in-one DeFi hub that offers a frictionless trading experience that rivals CEXs.
Read 12 tweets
1/ I saw a post from @Route2FI on @CantoPublic which has been pumping hard. #CANTO #NOTE

How come this #Cosmos chain is at $120 mil TVL & #Kuji is at only $7 mil?

@TeamKujira has been building hard, but Canto is better?

I found the answer. See next, a thread. ๐Ÿงต
2/ #CANTO (native token) & #NOTE (its stable) represent 72% of the chain's volume & about $46 mil in value.

But what worries me more is that you can issue Notes with Canto!

Pump Canto price, borrow more Notes. Fly wheel. ๐Ÿš€

Sounds familiar? #Luna & #UST anyone? ๐Ÿ™ƒ

Next ๐Ÿ‘‡
3/ If you check the price of NOTE it's over peg by 3 cents on the dollar, see pic

Demand is high - of course! You can borrow more Notes so long Canto price is pumping.

Guess what happens when Canto price crashes? Liquidations.

Not pretty.

More on that overstated TVL next. ๐Ÿ‘‡
Read 12 tweets
$KUJI ๐Ÿ‰

A critical perspective on #KUJI.

a thread ๐Ÿงต

#KUJIRA @TeamKujira Image
$KUJI was initially built upon Terra's anchor protocol.

So it experienced the $LUNA crash in May 2022 firsthand.

At its peak $KUJi had $152 million TVL, a few days later that dropped to a mere $1.1 million TVL.

That whole collapse was scary stuff.
This collapse meant a price change for $KUJI that was as follows.

$KUJI price dropped to $0.008 from $0.88.

And has since recovered to up to $1.80, and today trades for $1.

A beautiful comeback.

But what facilitated this come back?
Read 21 tweets
๐Ÿงฎ I have created a calculator to have an estimate of the returns that my investments in @BlackWhaleDeFi could achieve in various periods of time.

This information is on the internet, but if you stay until the end I will share the calculator so you can try it or download it. Image
First of all, comment that this thread is educational, the results could change due to variations in the time of the APY, % vault, fees...

It is a very useful tool to understand Impermanent Loss (IP) and know where your investments are headed.
What variables must be taken into account?

1โƒฃ AMOUNT TO INVEST
2โƒฃ PRICE TOKEN VAULT DONE โ€“TOKEN A
3โƒฃ PRICE TOKEN VAULT DONE - TOKEN B
4โƒฃ (50%) AMOUNT $TOKEN "A"
5โƒฃ (50%) AMOUNT $TOKEN "B"
6โƒฃ PRICE TOKEN VAULT UNDONE โ€“TOKEN Aยด
7โƒฃ PRICE TOKEN VAULT UNDONE - TOKEN Bยด
8โƒฃ APY
9โƒฃ DAYS Image
Read 13 tweets
1/ #Kujira is the true successor to all that was good about the #Terra / #Luna / #UST ecosystem.

Forget Terra 2.0, look into Kujira. A thread. ๐Ÿงต

@TeamKujira rebounded after the Terra collapse with its own chain, exchange, stablecoin & liquidation engine.

All in two months! ๐Ÿ‘‡
2/ The team started with a liquidation engine on top of Anchor, but after Terra collapsed, they shifted gears.

They deployed their own chain on Cosmos and started building. FAST.

Now, Kujira is about to make its latest move. ๐Ÿ‘‡

3/ I present you their Cosmos native stablecoin: #USK.

This is the missing piece to bring the #Kuji ecosystem together.

The best part? All fees on Kujira network will go to Kuji stakers (see #13).

What about risks/competitors? ๐Ÿ‘‡
Read 16 tweets
Something that's been on my list to research for a while is @TeamKujira $KUJI. Below is a summary of my research and analysis of it.

#CosmosEcosystem #Altcoin #Kuji #Kujira #Dex #Terra #Liquidation #Analysis #DYOR
Firstly, a disclaimer. After compiling what I needed to see, I bought a small high-risk-high-return $Kuji bag a few days ago as mostly a long term hold. This isn't a shill, it's me "placing my money where my mouth is". Maybe your assessment of the situation will be different.
1. #Kujira is a project that has migrated to its own chain after the #Terra collapse. It's now a sovereign chain, splitting #DeFi offerings into into #dApps which provide order-book, liquidation and staking/governance capabilities.
Read 24 tweets
@TeamKujira has done it once again.

For those who have questions about $skuji tokens

Summary of skuji

bond $kuji -> receive skuji
unbound skuji -> receive skuji + aUST + bAssets
skuji is not 1:1 after March 1 because #kuji will not be the only asset in the rewards pool
Do not think of skuji in terms of number of tokens but instead it is better to think of it in terms of monetary value. When you bond sKUJI, the value of the share of the pool that your sKUJI represents will not increase or decrease unless revenue is deposited into the pool. #kuji
If someone unbonds, they take with them their share of the pool (see unbound skuji from earlier) and that percentage of sKUJI (e.g. the staker had 5% of skuji) is burned. #Kuji
Read 14 tweets

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