$KUJI adoption is growing
4.5k new
@teamkujira
wallets added in the last month
A 15% increase
And c. 2/3rds of them (2.8k) have staked $KUJI for the first time in the last month
New entrants to the ecosystem are here for the long term 🥳
FIN by
@TeamKujira
is revolutionary.
The future of the DEX:
A decentralized, permissionless, 100% on-chain, order book style token exchange.
How is it better than existing ‘traditional’ DEX’s?
🧵👇
Today $KUJI becomes fully diluted.
All the $KUJI that will ever exist is now in circulation.
No inflationary dilution.
Market cap comparisons with other L1’s are irrelevant. The $KUJI community now only recognises Fully Diluted Valuations.
🫡
Welcome to September…
Expected
@TeamKujira
catalysts this month:
✅ $USK launch
✅Launch of margin trading on FIN
✅Launch of ORCA 🐳
✅Launch of
@TeamLocalMoney
✅Supply shock as $KUJI unstaking goes to zero
No doubt a few unexpected catalysts as well…😉
🥜💰
@unstake_fi
is now live
Hot take - very impressed
My quote to unstake 1k $ampKUJI instantly via $NSTK offered back 1,017.9 $KUJI
This compared with 1,013.5 $KUJI if I had swapped on a DEX
Hard not to see every LSD wanting to incorporate $NSTK
✅More capital efficient
$KUJI NFT’s are about to explode💥
Except, they won’t be on the
@TeamKujira
network - they will be on
@StargazeZone
🤔
And the transaction / rewards token will be $STARS
BUT - they will benefit $KUJI stakers in a big way!
Confused? 🤷♂️
Allow me to explain…🧵👇
$KUJI has ZERO inflation.
We ALL know this.
But what about dilution?
As the profile of the remarkable L1 by
@TeamKujira
rocketed over the last 2 weeks - so did the level of misinformation.
So let’s clear up the query of TOKENOMICS…:
🧵👇
$KUJI can’t stop, won’t stop
Still under a $300m fully diluted valuation for an L1 + liquidation protocol, launchpad, order book DEX, LP provider, Lend / borrow protocol with its own stablecoin + numerous external dApps building in stealth.
@TeamKujira
now consistently generating a c.3% APR sustainable
#realyield
from fees to $KUJI stakers...
From 4 protocols...
In a 🐻 market...
With NO INFLATION 🚫
💥8 more protocols imminent
💥4 more partnerships incoming
💥Further 4 NFT project minting in the next month
🥜💰
Don’t wait. Unstake.
@unstake_fi
But what is $NSTK? What are the use cases? Where is the price going?
Let’s break it down (starting with a few basic terms and principles for those new to
#crypto
…)
👇
STAKING 🥩 is the pledging of your
#crypto
tokens to secure and
KUJIRA COMMUNITY NOTES
4️⃣ - Real Yield
🤫 want to know a secret. Most
#crypto
projects are MASSIVELY inflationary. The APR’s advertised are just more tokens being printed and handed out. It is unsustainable.
@TeamKujira
is built different - promising only REAL YIELD:
🧵👇
There have been more new $KUJI addresses created in Nov than the whole of the previous 5 months.
$USK supply has⬆️ 63% over the last 8 weeks.
TVL on the $KUJI ecosystem has⬆️6x over the last 2 months - now a top 30
#crypto
chain by TVL.
$KUJI's fundamentals, fully diluted
Despite everything - this week, the liquid circulating supply of $KUJI fell for the first time since August.
Tomorrow sees the end of vesting to third parties.
And the total $KUJI staked is at an all time high.
Selling pressure is depleting 📉
Airdrops season will soon be arriving on
@TeamKujira
This is a unintended fringe benefit for $KUJI stakers
But what are airdrops, why will $KUJI stakers be benefiting and what airdrops are in the works…?!
🧵👇
👀$KUJI
Average daily fee revenue on
@teamkujira
is 1.4x the av. daily fees produced by $XRP, $XLM, $KSM & $EOS COMBINED.
Let that sink in.
SOURCE:
@CryptoFeesInfo
Steady Lads
A year has passed since the $UST depeg
c. 48k wallets used to hold $KUJI on
@terra_money
A year later -
@TeamKujira
’s own sovereign L1 has grown to c. 48k wallets
The resurrection story is the past
$KUJI now makes it’s own history
Sustainable. Innovative.
#DEFI
$NSTK is a fully diluted project
All 65m tokens were 🪂 to stakers of $KUJI
There is no inflation or unlocks
When $NSTK staking goes live, watch the liquid supply disappear as the committed $KUJI community in turn stake all their $NSTK
Price is up only…
What are the imminent
@TeamKujira
volume drivers?:
✅
@TeamLocalMoney
launch
✅
@Atlo_Protocol
- each new project will use FIN as the default first place to trade
✅$USK launch
✅ORCA liquidation queue launch
✅Margin trading launch (margin typically sees 7-8 x spot volume).
There is only 8️⃣ months supply of $KUJI:
13,800 new $KUJI wallets in the last month.
Av. new delegate stakes 350 $KUJI.
At current rates, that’s 4.8m $KUJI per month vs current liquid supply of c. 41m $KUJI.
Now what if the number of new wallets per month accelerates… 🚀
1,500 followers and counting 🤯
🙏
@SMonsterj
and
@Manta_DAO
for the 600 $KUJI giveaway.
The
@TeamKujira
community is 💪
But let’s spread the message wider.
@KUJIRANSNFT
are a blue chip NFT
If the winner also follows
@KUJIRANSNFT
, I will add a Kujirans NFT to the giveaway
To MAKE SURE we remain the best community in crypto. Let's SEND some of our 🧵🧵🧵 OG's to follower VALHALLA.
**GIVEAWAY - 300 $KUJI - 1 Winner - 48 hours**
- Follow
@Eskers1
and Follow
@HeinAlberts
- Like/Retweet
LFG.
🥜💰
The
@unstake_fi
🐂 case:
✅ $NSTK was developed by
@TeamKujira
✅ $NSTK is to become a $KUJI Alliance Asset - capable of being staked alongside $KUJI to secure the L1 - contributing to and benefitting from
the wider $KUJI staking rewards.
🥩 $NSTK, RECEIVE $KUJI,
#BTC
,
POD has taken the
@TeamKujira
Nakamoto Coefficient from 5 (August 2022) to 12 (today)
$KUJI is now the 4th most decentralised chain in the
@cosmos
Trust
@TeamKujira
to exemplify an inventive way to effect decentralisation over time
Innovation. Decentralisation. Kujira.
📢 We're very proud to introduce Kujira POD 👇
👈
Simply connect to your favorite
@cosmos
chain & rebalance your stake to make it a safer & more decentralized home 💙
More features to come 🛠️
Pls retweet for awareness 🐋💙
👏 Congratulations
@TeamKujira
A new ATH market cap of $KUJI
IN. A. 🧸. MARKET.
Back as top 200
#crypto
by mkt cap.
Currently the 38th largest
#blockchain
by TVL.
Imagine $nBTC on ORCA…
Imagine a protocol that allows you to DCA into $BTC at local market lows every liquidation event
And imagine if the fees are paid in $nBTC to $KUJI stakers - building a $BTC position without risking more capital
Now replace ‘if’ with ‘when’…
Stake $KUJI, receive
#btc
$wBTC now available to use as collateral to mint $USK
Bid on liquidated $BTC on ORCA - buying Bitcoin for an up to 30% discount.
Lend / Borrow $wBTC on Ghost
And do it all on the
@SonarWallet
mobile app.
Organic, sustainable adoption
Daily net new $KUJI wallets with a balance > 0 started a parabolic trend in October - and is continuing
c. 4.5k new $KUJI wallets (> 3% of total) were created in the last 3 days
Unique delegates also grew by c.4k over the last 3 days
📈 User
🔵Blue Line - TVL
🟡Yellow line - Price
$KUJI price currently the least correlated to TVL it has ever been.
The gap will close - with $KUJI price increases also then propelling TVL beyond $175m very quickly.
More new $KUJI wallets created over the last 1️⃣6️⃣ days than over the 2️⃣0️⃣0️⃣ days prior…
Daily active addresses in December approx 2️⃣❎ higher than October.
Don’t fade adoption at the start of an exponential run
👀👇
💯days of
@TeamKujira
Time for a mini health check…🏥
Let’s look at some of the key metrics.
We’ll get to price at the end - but let’s start with wallets:
🧵👇
🎉Kujira L1 marks 200,000 transactions milestone🎉
First 100,000 - 26 days
Second 100,000 - 10 days
Adoption is growing
(Inflation still 0%)
$KUJI
@TeamKujira
Friendly reminder
At a minimum, $USK is 166% overcollateralized by $ATOM, $DOT & $wETH. More collateral types with tangible value coming.
When a $USK CDP falls below 166%, the backing collateral is liquidated on ORCA - and $USK gets burnt.
$USK is not an algorithmic stablecoin
We have an apology to make.
This was an inaccurate statement.
Unstake will support any staked token on any
@TeamKujira
connected chain. Not just IBC.
Instant Unstaking for wstETH. For stSOL. For whatever your heart desires.
NFT fever has gripped $KUJI
@TeamKujira
🤝
@Hero_NFT_
🤝
@StargazeZone
$KUJI stakers 🤝 owners of Hero Pixel NFT's 😉
(Hero floor price now 2,500 $STARS and climbing fast)
BUT - there's more:
2nd secret NFT project incoming with separate mint whitelist for $KUJI stakers...🤫
Why all the hype about
@TeamKujira
?
After the collapse of Terra, their sustainable, inflation free
#GrownupDefi
narrative resonates - and the team are delivering in record time.
6 weeks in and the ecosystem is starting to resemble the good of Terra, with the bad removed.
🧵👇
KUJIRA COMMUNITY NOTES
2️⃣ - Tokenomics
@TeamKujira
has some of the best tokenomics in
#crypto
✅ Fixed supply of 122.4m tokens
✅ No inflation
✅ Almost fully diluted - 98% of tokens already vested
But delve into the detail and the story gets even better
🧵👇
The disappearing Liquid $KUJI...
🗓️October 2022 - Liquid Supply of $KUJI = 36m
⏩ 6 months later - Liquid Supply of $KUJI = 24.7m
⬇️A reduction of c. 1/3rd.
🤯11.3m $KUJI removed from the Liquid Supply.
In. a. 🐻. market.
👀Wen supply crunch....
$KUJI IS
#DEFI
@TeamKujira
are building out the most complete and innovative decentralised financial ecosystem in
#CRYPTO
.
The mantra of ‘fairness’ is embedded in every protocol.
But - what exactly is in the ecosystem and how is it all linked?
👇🧵
📢 Absolutely stoked to announce a mega integration with
@DA0_DA0
🦾
Powered by their amazing Polytone tech. BEAST!🦁
Anywhere a DA0DA0 is deployed, they can now use Kujira products easily.
See below for more, & thanks to
@noahsaso
&
@Rarma_
for being epic in this 👇
1/3
A year ago today
@TeamKujira
announced the intention to develop their own sovereign L1 on
@cosmos
2 months later, the $KUJI chain was launched. It now has 19 protocols and 21 integrations.
There is no other other team as talented, hard working and humble in
#Crypto
CEX is overrated.
Native $USDC direct from
@coinbase
to the $KUJI ecosystem (
@SonarWallet
) in one click.
Who needs a centralised exchange listing anyway…
DEX is the way.
With $LUNA entering price discovery above ATH’s, bonding $KUJI into $sKUJI now represents the cheapest way to DCA into
#LUNA
over time.
(Plus $ETH, $AVAX, $ATOM and soon $SOL).
IYKYK
@TeamKujira
I started with a big bag of $KUJI.
I have added to it by accumulating constantly over the last 16 months.
Yet somehow I still feel underexposed.
You don’t have enough $KUJI.
KUJIRA COMMUNITY NOTES 1⃣:
WHAT IS KUJIRA / $KUJI
Let’s start at the beginning:
@TeamKujira
is an semi permissioned L1 blockchain built on
@cosmos
.
It provides a decentralised ecosystem of financial tools.
Certain tools (protocols) have been developed by the core
Let’s talk about the revenues on Kujira
All of the income generated from the
@teamkujira
dapps are passed to stakers of the $KUJI token.
At present this is generating a return of c. 0.5% pa
🧵👇
There is so much happening on the new Kujira L1, it’s hard to keep a lid on all the alpha…
- 20 leads / ongoing discussions with money markets considering ORCA integration
- 👀 $nBTC
- Possible airdrops to $KUJI stakers for different cross chain projects
🥜💰
$NSTK to become an Alliance asset with $KUJI …?!
Potentially allowing $NSTK to contribute to and receive benefit from all $KUJI staking revenue …?!
You do not have enough $NSTK
So wen staking? Once protocol revenue starts to become more reliable, we’ll look for $NSTK to become an alliance asset on
@TeamKujira
, facilitating revenue share and helping to secure the network. Having revenue numbers is critical to determine the right settings for the alliance
I invest in
@TeamKujira
because they are a high performing innovative team with integrity, vision and insane productivity.
So I hold $KUJI long term
& add $NSTK 🥜💰
But who do
@TeamKujira
respect, partner with and invest?
@Fuzion_App
Don’t overlook $FUZN