So before we start I would like to say I am impressed with the Devs of $KUJI cuz they have not given up even after dramatic history with $LUNA.
Hat`s off to the DEVS
Quick recap:
$KUJI was based on Terra ecosystem and to be precise $KUJI provided liquidation mechanism Anchor protocol.
So as we all know as $LUNA (now $LUNC) collapsed it took with it every protocol on the network...
But @TeamKujira didn't give up and its better than ever.
$KUJI is no a proud layer one blockchain built on Cosmos SDK.
And their consensus is basked on BFT
(Tendermint Byzantine Fault Tolerance)
They have really return like the phoenix from the ashes!
Barely few projects in #crypto can say the same after the collapse of $LUNA
$KUJI is ofcourse the native token of their blockchain and also all the fees on their decentralized application are paid with $KUJI token and then they are redistributed to the stakers:)
So what I also like is that the staking in $KUJI does not increase the circulating supply
meaning it`s not an inflationary coin!
Thats because the revenue from the #dApps and gas fees goes back into stakers, how cool is that!
The Ecosystem is based around these apps:
- BLUE
- BOW
- ORCA
- FIN
So their main dashboard app is called BLUE
The app provides:
- Dashboard.
- Stake $KUJI,
- Vote on Governance
- Swap
- Bridge to Kujira Network,
claim rewards; all in one place.
Looks cool works cool
BOW is a market making framework for FIN, #Kujira's decentralized exchange, that ensures optimal trading conditions and incentivizes liquidity providers.
FIN
Cosmos' first decentralized, permissionless, 100% on-chain order book style token exchange.
Liquidity pools are out of date and no longer fit for purpose.
ORCA
ORCA is the world's first public marketplace for liquidated collateral. It's no longer a bot only game. Now you can participate in securing your favorite assets while getting discounts on them (and earn interest while you wait).
@TeamKujira also have a native stable coin called: $USK
$USK is a native overcollateralised stablecoin. It`s an stablecoin so called soft - pegged to the USD value.
It`s written with RUST and users can stake collateral to mint $USK or burn $USK to redeem their collateral.
Soft pegged stablecoin fluctuates in value couple % it`s mostly inspired by #DAI
After the #UST collapse algorithmic stable coins are less trusted to say the least...
$KUJI as any respected blockchain have a block explorer and here it`s called : FINDER
@TeamKujira is also building a native mobile wallet app for seamless blockchain interaction and real world payment framework supporting native tokens and integrations and they call it SONAR!
Cool stuff
I won`t be bothering in rewriting Roadmap
you can see it on the photo below:)
$KAS has implemented the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, but rather allows them to coexist and orders them in consensus.
Lets dive in!
@KaspaCurrency has a vision ispired by Satoshi Nakamoto but with 1000x better speed.