Deebs DeFi 🛰 Profile picture
Aug 21, 2022 11 tweets 8 min read Read on X
Kujira Weekly Update 🉐
#KUJIRA #USK 🧵 Image
2/Public Testnet is live for $USK on ORCA!

🔹Provide collateral & mint $USK

🔹Place a bid using $USK

🔹Why will $USK on ORCA be huge?
👉🏻Kujira partnering with various lending platforms
👉🏻Orca bids with $USK will provide buyers for liquidated collateral
👉🏻Fees to Kuji Stakers
3/What is $USK and how does it work?

🔹$USK is a collateralized debt position(CDP) stablecoin

🔹$USK can be minted by locking up $ATOM as collateral, later $KUJI, in exchange for $USK

🔹@danku_r created a diagram to simplify the mechanism for you 👇🏻
4/FIN Trading Competition!

🔹 Begins on Aug 22nd at 1500 UTC

🔹 Performance = Profit / (start balance + deposits)

🔹Prizes in $USK
👉🏻1st : 24,500
👉🏻2nd:12,250
👉🏻3rd: 7,375
👉🏻4th-10th Place:839.29

🔹Look 👇🏻 to see the rules on how to participate
5/Kujira is now on @yieldmos !

What is @yieldmos?

🔹Mix&match yield strategies across Cosmos in one non-custodial platform

🔹Customize: risk level & auto-compounding rewards

🔹Possible Benefits for Kujira?
👉🏻Added use case for $USK
👉🏻Strategies with ORCA FIN, @CALC_Finance
6/ $LOOP on Kujira?

🔹Vote now on gov proposal 31 "Deploy LOOP-axlUSDC FIN Market" 👇🏻

🔹Maybe we will see future use of reward NFTs on Loops Marketplace? @LoopDeFi_NFT

👉🏻Maybe a $KUJI Whale NFT stakeable for $KUJI tokens 👀
7/@CALC_Finance had an interview with @KujiKast

🔹CALC: DCA tooling for Kujira

🔹Partnered with @kado_money to make on/off ramping fiat with DCA a seamless experience

🔹Building more tools on the horizon
👉🏻possibly autostaking after DCA

🔹Check out the team below👇🏻
8/@BlackWhaleDeFi confirms they will give revenue back to Stakers.

🔹50% of revenue will go to $KUJI stakers, regardless of whom they validate to

🔹Black Whale is a automated market maker that balances liquidity
9/@TeamLocalMoney also gives back to $KUJI stakers!

🔹@TeamLocalMoney is a on/off ramp for fiat to crypto

🔹How is it different?
👉🏻10% of revenue goes directly to $KUJI Stakers
👉🏻Decentralized-no central entity controls user funds
👉🏻Peer to Peer offers and trades
10/ Noticed a lot of fees going to $KUJI stakers? So did I, lets list them:

🔹@TeamLocalMoney on/off ramping (10% of revenue)
🔹@BlackWhaleDeFi market making (50% of revenue)
🔹ORCA withdrawal fees (0.5%)
🔹 $USK minting(0.5%), liquidation fee (1%)
🔹FIN trading fees
11/Still unsure of the value of Kujira?

🔹@CryptoHarry_ provides a great 🧵 on several of the dApps on Kujira and the value they bring to the ecosystem 👇🏻 Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Deebs DeFi 🛰

Deebs DeFi 🛰 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Deebs_DeFi

Jul 25
The 2020 chip shortage made millionaires.

The 2025 shortage will make more.

If you want to win in the markets, you need to read this. 🧵 Image
2/ The 2020-2023 chip shortage occurred for a variety of reasons:

- COVID disrupting manufacturing.
- China US trade wars.
- An increase in remote work and learning.

Simply put: Demand outpaced supply.

But that was Covid times? Surely this couldn't happen again? Wrong. Image
3/ It can and it will.

But not the shortage you're used to. Not a lack of resources or manufacturing.

No, a shortage driven entirely by demand and one that puts strain on small businesses and consumers.

How do I know? Image
Read 12 tweets
May 27
"Million dollar airdrop. Six figures easy. You'd be dumb not to."

You hear this. You farm for months, spend hundreds in fees, and get 0 in return.

Tired of this result? Learn how to find the next big airdrop yourself.

🧵 Image
Step 1: Go back to the first post and smash the like button to help this guide get better visibility.

You rock. <3

Now, move on to the real step 1. 👇
Step 1: Find the Airdrop.

NOPE, we're not using Dapp Radar or Airdrops IO. Websites like this are late on airdrops.

Dig in the data yourself on @DefiLlama and look for token-less projects with the characteristics below.

Full video guide in Step 9. 📽️ Image
Read 13 tweets
Apr 23
This could be the most overlooked airdrop on Base.

$4 million raised, 3 million in TVL, and few farming it.

Fear not. I will teach you how. 🧵 Image
Why @IntentX_ is under farmed and possibly a high value airdrop. 📽️

Just want the steps? Skip to the next post. 👇
Step 1: Registering your wallet.

For this step you're going to need:
- Coinbase wallet
- $5 in ETH (for tx fee) and at least $200 USDC bridged to BASE network

Need help? I walk you through it all in the video.
Read 7 tweets
Apr 6
You want a 6 figure $IO airdrop but have no idea how to set up your GPU.

Fear not. This guide will teach you how.

Tips, tricks, and how to not get BANNED (like me). 🧵 Image
Step 1: Setting up your GPU.
Step 2: Connecting your GPU.

(Skip to Step 5 if you have problems connecting)
Read 8 tweets
Mar 30
A 5-6 figure airdrop that requires ZERO upfront capital.

Sound too good to be true?

I did the math for you and show you the best way to maximize your $IO airdrop. 🧵 Image
@Filecoin @GaiminIo 1/ The question on everyone's minds: Is this overfarmed?

Absolutely not.

Here's why: to earn an airdrop, you must KYC with Galxe passport.

Consider how significant this is:

1) It can't be sybilled.
2) Those allergic to KYC will just ignore this step.

And there's more. 👇 Image
2/ The $IO Galxe quests check your wallet's "Humanity Score".

This means:

1) Wallets with low scores get low rewards.
2) Sybilling is once again impossible.

Need more proof it won't be overfarmed? No? Too bad you're getting it.👇 Image
Read 8 tweets
Mar 1
You can make life-changing wealth just by being EARLY.

Want to be early on altcoins?

This guide will teach you how.

🧵 Image
STEP 1: Drop a like on the post above to show some love.

Thanks <3, now let's get to the real step one. 👇
1/ Go to @dexscreener and COMPLETELY IGNORE THE FRONT PAGE.

Why?

It's a cesspool of memes and scam tokens. While searching for a 1000x may seem enticing, it is also the fastest way to zero.

No, you are going to approach this a different way. Image
Read 13 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(