Diamond In The Rough: Kujira
The @TeamKujira $KUJI protocol has grown from a buying the dip machine to a sovereign L1 that is ready to take the world by storm.
I write about how #Kujira has progressed and what the future holds for it. medium.com/@matrixthesun/…
Summary 🧵👇
The @TeamKujira $KUJI protocol has grown from a buying the dip machine to a sovereign L1 that is ready to take the world by storm.
I write about how #Kujira has progressed and what the future holds for it. medium.com/@matrixthesun/…
Summary 🧵👇
1/
What first started out as just a liquidation engine has now branched out to become its own DeFi-centric L1.
By being sort of an app chain, #Kujira is able to be more efficient with blockspace usage and $KUJI is able to accrue more value.
What first started out as just a liquidation engine has now branched out to become its own DeFi-centric L1.
By being sort of an app chain, #Kujira is able to be more efficient with blockspace usage and $KUJI is able to accrue more value.
2/
The tokenomics of $KUJI is great, with 80% of supply already in circulation and a strong incentive for investors to hodl due to non-inflationary #realyield staking.
The tokenomics of $KUJI is great, with 80% of supply already in circulation and a strong incentive for investors to hodl due to non-inflationary #realyield staking.
3/
The trajectory for #DeFi is clear and there is a real need for it.
#Kujira has a strong fleet of protocols and a promising roadmap in place to take advantage of the massive DeFi market.
The trajectory for #DeFi is clear and there is a real need for it.
#Kujira has a strong fleet of protocols and a promising roadmap in place to take advantage of the massive DeFi market.
4/
FIN, an order book DEX, offers a trading experience parallel to CEXes like #Kucoin/#Binance.
With a strong narrative for DEXes after the #FTX debacle and perpetuals to arrive on FIN, it is a strong contender to usurp market share in the trading space.
FIN, an order book DEX, offers a trading experience parallel to CEXes like #Kucoin/#Binance.
With a strong narrative for DEXes after the #FTX debacle and perpetuals to arrive on FIN, it is a strong contender to usurp market share in the trading space.
5/
BOW works to improve trading experience on FIN. By providing LPs with optional custom incentive provision, $KUJI does not need to inflate its supply to incentivise LPs.
The unique yield opportunities provided by BOW still incentivises providers and enables FIN to be liquid.
BOW works to improve trading experience on FIN. By providing LPs with optional custom incentive provision, $KUJI does not need to inflate its supply to incentivise LPs.
The unique yield opportunities provided by BOW still incentivises providers and enables FIN to be liquid.
6/
$USK is #Kujira's stablecoin, backed by CDPs, it will be able to withstand even the toughest of times.
Collateral is also decentralised, making USK uncensorable.
$USK is #Kujira's stablecoin, backed by CDPs, it will be able to withstand even the toughest of times.
Collateral is also decentralised, making USK uncensorable.
7/
ORCA needs no introduction, it simply works whenever you want to buy liquidated collateral at a discounted price.
By incentivising bidding of liquidations, it also helps to ensure stability of USK by making sure liquidations are smooth and no bad debt is accrued.
ORCA needs no introduction, it simply works whenever you want to buy liquidated collateral at a discounted price.
By incentivising bidding of liquidations, it also helps to ensure stability of USK by making sure liquidations are smooth and no bad debt is accrued.
8/
#Kujira will also be launching a native wallet. It will be designed with great UX and be great for payments in the real world.
A native wallet will also mean better integration with native apps, enabling increased usability and paving the way for mass adoption.
#Kujira will also be launching a native wallet. It will be designed with great UX and be great for payments in the real world.
A native wallet will also mean better integration with native apps, enabling increased usability and paving the way for mass adoption.
9/
The road ahead for #Kujira is bright, with many exciting things to come. Could Ghost be the wallet since its the next item in line?🧐🤔
The road ahead for #Kujira is bright, with many exciting things to come. Could Ghost be the wallet since its the next item in line?🧐🤔
10/
After #Terra's collapse, the community is still vibrant and the team is working as hard as ever. Personally, I feel that it is a matter of time before #Kujira starts gaining some serious traction👀 Do read the article for my in-depth analysis🧠
After #Terra's collapse, the community is still vibrant and the team is working as hard as ever. Personally, I feel that it is a matter of time before #Kujira starts gaining some serious traction👀 Do read the article for my in-depth analysis🧠
11/
You may also check out my investment framework that I use to evaluate $KUJI #Kujira as well as my other long-term hodls!
You may also check out my investment framework that I use to evaluate $KUJI #Kujira as well as my other long-term hodls!
https://twitter.com/matrixthesun/status/1585269385203064836?s=20&t=5I1XUHXK4XCgBHE6oMb9KA
Thank you all for reading, RT and like the first tweet if the thread has helped you! Follow me for more crypto content in the future!
https://twitter.com/matrixthesun/status/1604854000188198912?s=20&t=5QfL-lMEDMk6E0ilV1Lz9Q
Made some updates located at the bottom of the article do check it! Thanks to @QAlivus for the feedback👍
medium.com/@matrixthesun/…
medium.com/@matrixthesun/…
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