๐ข๐ข The time has come to launch $USK and #ORCA.
We want to say a special thank you to our community. We're honestly blown away by all the support ๐
Here is a ๐งต that will guide you through the new stablecoin minting & liquidation bidding process ๐
1/8
We want to say a special thank you to our community. We're honestly blown away by all the support ๐
Here is a ๐งต that will guide you through the new stablecoin minting & liquidation bidding process ๐
1/8
You can now use $ATOM as collateral to MINT $USK here blue.kujira.app/mint ๐
USK stablecoin mechanics bit.ly/3RQXkTy ๐
A video by @YieldLabs explaining how to mint $USK
(simply switch $DEMO with $ATOM here and move to MainNet) ๐
2/8
USK stablecoin mechanics bit.ly/3RQXkTy ๐
A video by @YieldLabs explaining how to mint $USK
(simply switch $DEMO with $ATOM here and move to MainNet) ๐
2/8
An incredibly important piece of this puzzle is liquidations ๐งฉ
You can now also bid on liquidated $ATOM on #ORCA orca.kujira.app ๐
By bidding on #ORCA, you get assets at a deepened discount, but you're also protecting the $USK stable. Epic right?
3/8
You can now also bid on liquidated $ATOM on #ORCA orca.kujira.app ๐
By bidding on #ORCA, you get assets at a deepened discount, but you're also protecting the $USK stable. Epic right?
3/8
Here is another video by @YieldLabs that walks you through the entire #ORCA bidding process ๐
Again just swap $DEMO in this example with $ATOM, and make sure you're on MainNet.
You're now part of the first ever public liquidations marketplace ๐
4/8
Again just swap $DEMO in this example with $ATOM, and make sure you're on MainNet.
You're now part of the first ever public liquidations marketplace ๐
4/8
The launch of any collateralized stablecoin is something that takes a bit of time to kick into gear โ๏ธ
Please take the time to read this article that details exactly what to expect in these early days of $USK being out in the wild medium.com/team-kujira/whโฆ ๐
5/8
Please take the time to read this article that details exactly what to expect in these early days of $USK being out in the wild medium.com/team-kujira/whโฆ ๐
5/8
There are now also 3 $USK pairs live on FIN for liquidity bootstrapping ๐
$KUJI <> $USK fin.kujira.app/trade/kujira19โฆ
$ATOM <> $USK fin.kujira.app/trade/kujira1yโฆ
axlUSDC <> $USK fin.kujira.app/trade/kujira1rโฆ
These will take time to kick off as people mint / bid / borrow ๐
6/8
$KUJI <> $USK fin.kujira.app/trade/kujira19โฆ
$ATOM <> $USK fin.kujira.app/trade/kujira1yโฆ
axlUSDC <> $USK fin.kujira.app/trade/kujira1rโฆ
These will take time to kick off as people mint / bid / borrow ๐
6/8
Margin trading on FIN will be live very soon too ๐ ๏ธ
We wanted to give this a little bit of time considering the release of ORCA & $USK, but it's almost ready to go.
We have some other very exciting things in the works for FIN too ๐ฃ
7/8
We wanted to give this a little bit of time considering the release of ORCA & $USK, but it's almost ready to go.
We have some other very exciting things in the works for FIN too ๐ฃ
7/8
Kujira Network phase 1 ๐
> Power trade on FIN
> Mint $USK on BLUE & bid on #ORCA
> Participate in market making on @BlackWhaleDeFi
> DCA into assets on @CALC_Finance
> Onramp with @TeamLocalMoney & @kado_money
> Get into early sales on @Atlo_Protocol
8/8
$KUJI $USK ๐๐
> Power trade on FIN
> Mint $USK on BLUE & bid on #ORCA
> Participate in market making on @BlackWhaleDeFi
> DCA into assets on @CALC_Finance
> Onramp with @TeamLocalMoney & @kado_money
> Get into early sales on @Atlo_Protocol
8/8
$KUJI $USK ๐๐
โข โข โข
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