Empowering anyone, anywhere, to access the same financial opportunities.
Trade, lend, and earn with your native Bitcoin and more.
No wrapping, no bridging.
With the partnership with @THORChain strengthened, it’s time to put our full focus back on building, expanding the App Layer, and continuing to build a fair and decentralized financial system.
But let’s first have a look at what we have already achieved together. 👇🧵
ADR-031 has passed!
A supermajority of NOs has shown overwhelming support for Option 1, supporting a closer and stronger partnership between Rujira and @THORChain.
Big thanks to all the NOs for taking the time to review and vote on the ADR, and for their support. 💜⚡️
With the path forward now clear, it is time to put our full focus back on building together toward a truly decentralized and fair financial system.
Next up:
- Work with Nodes to set WasmArbSlipMinBps to 0, while we update the VS quotation sizing logic accordingly
- Set up the revenue collectors and multisig so we can begin collecting the POL share
- Continue building out the roadmap, starting with DCL, followed by Perps, the decentralized stablecoin, and much more
@CoinMarketCap Making liquidations public is a step in the right direction.
On Rujira, everyone can bid on liquidated BTC at discounts of up to 30%, helping make finance fairer, more open and transparent.
Everyone deserves to be a whale 🐳
One loan position. Multiple assets working together as collateral.
Multi-collateral borrowing is now live on RUJI Money Market. Mix your native assets together as loan collateral without selling them.
Here is how Credit Accounts give you more flexibility 👇🧵
Want to add collateral to an existing loan?
Open Manage Position, select Increase Loan and choose the supported collateral asset you want to add.
Leave the additional borrowing amount at zero to strengthen the position without increasing your debt. You can also add collateral and borrow more in the same transaction.
Before confirming, the interface previews the resulting Adjusted LTV and New Collateral Liquidation Value.
Explore Multi-Collateral Credit Accounts here:
https://t.co/dvuaLjM07T
One Credit Account. Multiple collateral assets. More control over your loan.
Add, withdraw or swap collateral, then borrow more or repay as your needs change.
Multi-collateral borrowing is live:
https://t.co/CtYNTbrBv5
Fair by design. Owned by you.
Each Credit Account has one borrowed asset, such as USDC or USDT, while the collateral side can contain several supported assets.
Each collateral asset has its own collateral ratio, determining how much of its value supports your loan. RUJI Money Market combines these values into one position.
This is known as cross-margining. Instead of opening a separate loan for every asset, your supported balances can work together to access liquidity without selling them.
Ready to create a multi-collateral Credit Account?
Use Keplr or Vultisig for the full Rujira experience, deposit your supported assets and open Borrow.
Get started:
https://t.co/yGvX8EDo44
Deposit guide:
https://t.co/yx2mU7i9O6
With ADR31 out of the way, we have a real shot at building the first and only true permissionless and censorship-resistant DeFi platform that respects anyone's privacy and basic freedoms, no matter who you are
Borrowers are looking for LTC. Lenders can help meet that demand and earn variable interest in return.
Open and transparent finance for everyone.
Fair by design. Owned by you.
LTC Lend APR has climbed as high as 50% on RUJI Money Market.
Higher borrow demand has pushed the variable rate up, and the lending vaults can use more LTC.
Lenders can supply LTC and earn variable interest paid by borrowers 👇
New to Rujira?
1. Connect Keplr or Vultisig for the full experience.
2. Deposit BTC, USDC or USDT.
3. Swap it for LTC on Rujira.
4. Supply your LTC to RUJI Money Market.
Support for LTC deposits with Trust Wallet is coming soon.
Deposit guide:
https://t.co/yx2mU7i9O6