So it’s really important you understand the Trump Coin grift. It hasn’t gotten enough attention, but it’s maybe the biggest White House corruption in a century. Right out in the open for all to see.
I’m going to explain how the grift works. Only takes 3 minutes.
All @TeamKujira apps will tap into the base layer liquidity. An architectural overhaul of FIN will allow BOW to virtualize orders on the book, allowing you to trade native BTC, ETH etc against USDC using limit and oracle orders. With 10s of millions of $ of liquidity from day 1
Hi folks, we don't want to post for the sake of posting, but just to let everyone know that we've been working through last night & today to sort the following 👇
1. The plan to cover the debt. Will involve partnerships that we truly believe will be exciting for Kujira moving forward).
2. The complete open sourcing of Kujira systems, which will result in much more collaboration, less bottlenecks, funding opportunities & more.
3. Moving all infra to fully decentralized providers.
4. Systems that will be put in place to not allow this to happen again, as well as how the founding team fits into decision making going forward.
We do truly apologise for this big bump in the road, but as before, we will do everything to make our community whole once more.
Thanks for your patience as we get some last bits over the line.
Big love 🐋💙
$DINERO Facts:
- Galaxy Digital raised $113M Fund
- Nomura Group ($601B AUM) backs Laser Digital
- Both partners are collaborating w/ Dinero to jointly launch $ipxETH, an institutional grade LST
- $ETH ETFs don't allow staking, only institutional $ETH product w/ yield (~10%)
It would be outrageous if @krakenfx listed / supported @noble_xyz's $USDC.
With $KUJI now on Kraken, multiple great Cosmos assets already on the exchange such as $OSMO, $ATOM, $INJ, $DYDX, $JUNO & $RUNE, as well as a bunch of new exciting ones on the way, it seems an absolute no brainer for Kraken to support Noble $USDC.
Here is the reason;
Noble currently processes monthly IBC volumes of native Cosmos $USDC to the tune of 500M to 1B per MONTH.
The ONLY exchange that supports Noble USDC right now is CoinBase. Noble $USDC has become the lifeblood for on & off-ramping certainly into the Kujira ecosystem, and I can safely assume it's the same for other Cosmos chains & protocols.
If people can buy their favorite Cosmos tokens on @krakenfx, and then also send Noble $USDC straight from Kraken to their Cosmos chain of choice in a second, I truly believe that it would have an explosive impact on both Kraken volumes and uptake of Cosmos systems.
Please could everyone in the entire Cosmos help me to retweet this and get the message out there. It really works!
We love Kraken. We love Cosmos. Let's get it 🦑
📣 Now available in post-only mode:
✔️ $OSMO @osmosis
✔️ $TAO @opentensor
✔️ $TRAC @origin_trail
ℹ️ Deposits and withdrawals are enabled and trading will go live at 19h30 UTC
*Geographic restrictions apply
Trade here ⤵️
https://t.co/9IfH6z5Ado
Hey @PulsarFinance team,
You guys should totally team up with @TeamKujira, the best DeFi hub in the Cosmos. Launch your $PULS token on their Pilot launchpad and buy back your IP! Their devs are awesome, and their community will give you tons of love.
Let’s make it happen! 🚀
Hit up @codehans1 for more info.
The problem with 99% of L1 projects is value accrual.
I believe that Kujira has solved this brilliantly, and here’s why.
Nearly all L1s direct value to their holders via transaction fees, whether directly (staking rewards) or indirectly (buy-back & burn). As such, the effects of a thriving ecosystem often will not transalte to the appropriate success of the L1's coin.
Kujira is different. The core team has built out several of the DeFi primitives that are integral to any ecosystem. Most, if not all DeFi apps that build on Kujira use the core Kujira DeFi products in some way or another. This is why we see that there is a direct correlation between ecosystem success, and fees directed towards $KUJI stakers.
MantaSwap? Uses FIN.
Unstake? Uses GHOST.
PILOT? Uses ORCA.
CALC? Uses FIN.
NAMI? Uses GHOST
Kujira Index? Uses FIN, BOW, etc.
and the list goes on.
Usage of ecosystem protocols directly means usage of the core Kujira protocols, all of which generate fees back towards Kujira stakers. And this doesn't even start to account for the multiplicative effects of having a thriving ecosystem with dozens of financial tools, available to everyone.
The catalyst is users and volume through these various projects, so why do you think the core team has been so obsessed with making onboarding to Kujira the most frictionless experience in Web3?
The value proposition for Kujira as an ecosystem, and $KUJI as a token is undeniable. There is not another L1 positioned to do what is already happening on Kujira.
Kujira V2 is on the way. Unified, seamless, seedless.
You’ll be able to create a wallet and be interacting in a very complete DeFi ecosystem in lightning speed ⚡️
📣Remember when $TAO was listed on Binance and you wished you could have sold at 1k and then buy it back lower?
Well, this is exactly the tool you needed👇
@TeamKujira driving innovation in #DeFi 🙌
Hey @TeamKujira fam, we've officially launched our X account and to celebrate, we've also launched a new feature: "🎣 Let's fish"
Now you can bid in Orca 🐋 directly from https://t.co/BvE4wKubql🙌
We would ❤️ to read you feedback!
Check the vid, more details below 🧵
A little bit about our approach to this whole thing.
Firstly, it's really great that people have created bridges & other clever ways to try & connect blockchains, but beyond this being nice for power-users, it's totally impractical, & only highlights the ever-growing barrier between "crypto bro" activity, & anything even closely resembling a thing that normies could onboard to.
How many times do we see people trying to get funds from X chain to another? Imagine your mom or dad doing this? Even if you are experienced, it's a total shitshow.
Right now people are talking about how it's difficult to onboard to the $KUJI token. That is because of the idea that listing = number go up.
Aside from the fact that listings almost never mean number go up, I'd like to just explain our thinking a bit more.
We have now built a complete set of DeFi rails. You can say what you want about volume, TVL, or whatever other thing floats your boat, but these rails are now built & solid.
Developers are now building solutions on top of these rails, & in numbers. The Kujira ecosystem pays back all revenue to stakers for their work in securing the chain.
The math is simple, more dApps, more economic activity, more revenue. Yes, you can LOL at the APR, you can call us out on any number of things, but it can never break the relationship between economic activity, & the hard-coded nature of the Kujira fee collector.
The idea isn't just to make it easy for your cousin to buy $KUJI so that he can watch number do whatever numbers do. The idea is to ACTUALLY onboard people into a financial ecosystem where they can put their money to work.
That is EXACTLY what Kujira already does, & I'd dare say that you'd be hard pressed to find a single ecosystem anywhere that does as completely.
Yes, you can find higher APRs (spoiler, you are the yield).
Yes, right now you can find a SOL meme that is flying & hope to catch that before it dumps.
There's a lot you can do, & I have no arguments against any of that.
What we are doing at Kujira, is cultivating a financial ecosystem that will ultimately be (fully) available in the palm of your hand via Sonar. Where you simply add funds from your bank (or blockchain eco or whatever), and you can put your funds to work across activities such as lending/borrowing, liquidations, minting stables to put your assets to work, market making pools, funding of startups, and of course many many other activities as all the new protocols ramp up.
The fact that (right now), people would rather gamble on cat memes or whatever, isn't actually of concern to us.
Our job is to try & make DeFi viable. It's a fucking massive job. We don't need to try & be things we're not because someone tells us there's some shiny piece of dogshit somewhere else. We have to stay true to what we're building & to what we believe in.
So, the reason that we try to make Kujira a very complete ecosystem, isn't because we like to build constantly for no reason, it's because we like to build constantly for a very specific reason. No one has managed to actually make DeFi accessible. Not one. We value ourselves as being one set of those soldiers that try to make this a reality.
I'm not talking about putting "AI" or "Catshit" in our bio, & trying to make a number go up. I'm talking about actually building a system that serves people, where everyone is in control of their own money, & all within one ecosystem / chain, because the alternative is a dogshow. Chasing other ecos liquidity is just a shit idea. You only suggest it because it's all you know. It's all you ever hear.
We have had TVL constantly growing, users constantly growing, and use-cases constantly growing.
But still, I get it. Right now, the immediate increase in price is all that people really care about.
You know what though, we'd rather not build our foundations on sand. We'd rather build something that actually supports real users of the network. Because the network IS you. This network is actually a lot closer to the actual dictionary definition than what people think about it in blockchain terms:
"a group or system of interconnected people or things."
Take away the "or things" part, and you have a very complete financial ecosystem of actual PEOPLE. People that don't have to fight to have control over their own money.
------------
And yes, having said all that, we are still working on the CEX thing. I will do a spaces with someone soon so at least the people in here with any human emotion can understand this process from our perspective.
And lastly, yes, I get it. "Fuck off Dove, make price go higher, you're a very shit 'CEO', & get with the narrative" (whatever that might be this week).
Thanks for listening 💙