Laying out the bull thesis for $KUJI @TeamKujira
aka why I think Kujira is one of the strongest positioned #Cosmos L1s for next bullrun.
aka why I think Kujira is one of the strongest positioned #Cosmos L1s for next bullrun.
1/ Tokenomics
$KUJI has great tokenomics.
It's nice and simple: 122.4M supply with zero inflation.
There's no gimmicks.
There's no dilutive token emissions.
Staking yield comes entirely from real revenue. Speaking of which...
$KUJI has great tokenomics.
It's nice and simple: 122.4M supply with zero inflation.
There's no gimmicks.
There's no dilutive token emissions.
Staking yield comes entirely from real revenue. Speaking of which...
2/ Revenue share
Staked $KUJI receives revenue share from its ecosystem products. This ethos started with the core products (FIN, ORCA, $USK) and the ecosystem has fully embraced it. Currently, all Kujira ecosystem products have some percentage revenue share with $KUJI stakers.
Staked $KUJI receives revenue share from its ecosystem products. This ethos started with the core products (FIN, ORCA, $USK) and the ecosystem has fully embraced it. Currently, all Kujira ecosystem products have some percentage revenue share with $KUJI stakers.
To reiterate, staked $KUJI yield only comes from real product revenue, with zero dilutive token emissions.
Thus far, it's working well. There's currently 46.31M staked $KUJI compared to 36.77M liquid $KUJI.
Thus far, it's working well. There's currently 46.31M staked $KUJI compared to 36.77M liquid $KUJI.
3/ Ease of use
Kujira has a strong focus on high quality UX and ease of use. This is immediately apparent when using Kuji dApps. I liken them to the "Apple" of crypto. Check out this live demo of the mobile wallet coming soon:
Kujira has a strong focus on high quality UX and ease of use. This is immediately apparent when using Kuji dApps. I liken them to the "Apple" of crypto. Check out this live demo of the mobile wallet coming soon:
https://twitter.com/TeamKujira/status/1585000267279667200?s=20&t=coa8OlmhTH2Vaa1EOtaZHw
4/ Vertical integration
Kujira has robust and tight vertical integration of its ecosystem products - giving a clean unified UI experience. The products feed into one another: ORCA is the liquidation engine for $USK, $USK provides a mechanism for leverage on FIN, and so on.
Kujira has robust and tight vertical integration of its ecosystem products - giving a clean unified UI experience. The products feed into one another: ORCA is the liquidation engine for $USK, $USK provides a mechanism for leverage on FIN, and so on.
5/ Permissioned ecosystem
Kujira is a permissioned L1 - meaning that a governance vote with scrutiny is required to launch dApps on chain. This gives the dApps a curated feel to them. Every product is vetted, safe, and high quality. You won't find any rugpulls there.
Kujira is a permissioned L1 - meaning that a governance vote with scrutiny is required to launch dApps on chain. This gives the dApps a curated feel to them. Every product is vetted, safe, and high quality. You won't find any rugpulls there.
Additionally, being a permissioned chain means that $KUJI is even more attractive for its governance voting power - not just directing the chain but also the entire ecosystem built on the chain.
6/ Strong team
@TeamKujira has proven that they can deliver on their promises and ambitions. The Kuji team is one of the strongest in the Cosmos, IMO. Just look at how much was accomplished in 3 months post-launch:
@TeamKujira has proven that they can deliver on their promises and ambitions. The Kuji team is one of the strongest in the Cosmos, IMO. Just look at how much was accomplished in 3 months post-launch:
https://twitter.com/TeamKujira/status/1575195395390853120?s=20&t=coa8OlmhTH2Vaa1EOtaZHw
7/ $USK
Kujira was also the first to launch a Cosmos/IBC native stablecoin. $USK is over-collateralized with an ever-expanding array of collateral options, and uses ORCA as the liquidation engine. Keep an eye out for integrations coming with Umee, Osmosis, Nomic, and more.
Kujira was also the first to launch a Cosmos/IBC native stablecoin. $USK is over-collateralized with an ever-expanding array of collateral options, and uses ORCA as the liquidation engine. Keep an eye out for integrations coming with Umee, Osmosis, Nomic, and more.
8/ Collaboration
@TeamKujira is enthusiastically collaborating with many #Cosmos L1s, protocols, and ecosystems. This includes Nomic, Stargaze, Umee, Comdex, Osmosis, among others. Collaboration is key to adoption and growth.
@TeamKujira is enthusiastically collaborating with many #Cosmos L1s, protocols, and ecosystems. This includes Nomic, Stargaze, Umee, Comdex, Osmosis, among others. Collaboration is key to adoption and growth.
9/ Flywheel effect
There's several in-progress developments that are expected to drive significant volume/revenue, creating a flywheel effect for $KUJI. These include FIN perpetual products, ORCA cross-chain integrations, cross-chain markets for $USK, etc.
There's several in-progress developments that are expected to drive significant volume/revenue, creating a flywheel effect for $KUJI. These include FIN perpetual products, ORCA cross-chain integrations, cross-chain markets for $USK, etc.
10/ Low marketcap, nascent ecosystem
Kujira is one of the newer arrivals to the #CosmosEcosystem, and yet in that short time much has been built/shipped. Kujira currently sits at the #5 spot for daily IBC volume, yet by mcap it is well outside the top 10. Lots of room for growth
Kujira is one of the newer arrivals to the #CosmosEcosystem, and yet in that short time much has been built/shipped. Kujira currently sits at the #5 spot for daily IBC volume, yet by mcap it is well outside the top 10. Lots of room for growth
Thanks for reading!
Let me know if I missed anything.
Let me know if I missed anything.
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