Kujira Announcements

The first Rujira Weekly Recap is out, where we share all the interesting things that happened recently:

https://x.com/RujiraNetwork/status/1856321428888432846

The TeamKujira account handle on X has been updated to RujiraNetwork:
https://x.com/RujiraNetwork/status/1843583965535391989

Kujira Twitter rebranded to Rujira. Rujira landing page and docs (still WIP) are live 🔥
https://x.com/TeamKujira/status/1841550794866184639

A note for people providing liquidity for KUJI on Camelot DEX on Arbitrum.
https://x.com/TeamKujira/status/1839346720234418312

https://x.com/TeamKujira/status/1834660149593604161

Join JPTHOR in 5 minutes as he answers your questions about the Rujira Alliance

https://x.com/jpthor/status/1833084002271666571

The Rujira Alliance, fueling the next stage of Kujira's journey and growth, has been revealed: https://x.com/TeamKujira/status/1833068459367764025

Update on the deleveraging plan: https://x.com/TeamKujira/status/1828518054675833278

Revised link for the Space https://x.com/TeamKujira/status/1823325111564288283

X Space with JPThor and the THORChain team starting in 15 minutes

https://x.com/TeamKujira/status/1823324756633931824

Kujira Recovery & THORChain Partnership PILOT Sales are now live

https://x.com/TeamKujira/status/1822991758470373603

Several updates to and details for the THORChain arrangement and PILOT Sale

https://x.com/TeamKujira/status/1822687116276457509

Here it is folks, the next phase of Kujira https://x.com/TeamKujira/status/1821632575980408918

GM everyone. Thanks for bearing with us the last couple days. After a whole lot of discussions & taking on feedback from the community & various investors, chains & future partners, we'd like to announce our recovery plan 👇

https://x.com/TeamKujira/status/1819717451350777870

GM all. We’d like to address the current events.

As a team we thought the best use of a portion of ops funds would be to leverage and deploy across the ecosystem in order to bootstrap liquidity and activity. We genuinely felt like this was the correct course of action at the time. This unfortunately coincided with a series of events over the last few months, including exploits, socially engineered attacks and fallouts within the ecosystem. This is in no way shifting blame, but important to note as it at least gives a fuller picture.

We worked hard to keep these positions safe, but the rate of selling made it impossible. Although this was by design by a select few, we of course take full responsibility for the position getting to this point, and we are truly sorry that it’s affected price.

In terms of what is happening now. The team positions are at risk and this is causing 👇

A: Panic & further selling. Some have also mentioned certain ‘influencers’ saying it’s a “rug” on Twitter, which is not at all true, but again just adds fuel to the fire.

B: The team positions are requiring more bids in order to fire off even partial liquidations at the moment. So although the potential for some bad debt is there, this hasn’t actually happened yet. Please keep reading for proposed solutions.

An important note at this stage is to mention that there are still 14 million KUJI safe and sound in the treasury. Some people are trying to cause panic by saying the entire treasury is at risk, but that’s not the case at all.

We are committed to building a fair, transparent and sustainable DeFi ecosystem.

The events of today have demonstrated that we must be more transparent and more accountable in the way that the Kujira Treasury is managed, and how the core Kujira Protocols are operated.

We will shortly be posting a proposal to create the Kujira Operational DAO. This DAO will take ownership of the Kujira Treasury and core protocols, with an initial mandate to safely reduce debt. We will do this with Fuzion’s Bonds product, allowing us to offer the community discounted $KUJI, with a range of maturities and vesting schedules to minimise long-term price impact.

This DAO will also assume control of the configuration of the core Kujira Protocols. Combined with upcoming admin dashboards, this will create transparency over how these protocols run, and allow the community to propose changes that will be voted on by members of the DAO.

Lastly, we propose that the Community Pool is migrated to the Operational DAO. This will allow a longer and more considered voting period for grant requests, as opposed to the regular 48 hours. Over time, the Foundation staking positions will also be transferred to the DAO, providing a sustainable source of revenue into the future.

We’re actively looking for motivated and talented individuals to join the DAO. If you think you know one, please recommend them.

As a team we remain committed to the future of Kujira, and over the next months will deliver the roadmap for BOW v2, USK v2, GHOST v2 and Perps. With the new Operational DAO at the helm of managing and operating these protocol upgrades, we’re more optimistic than ever about the future of Kujira.

https://x.com/TeamKujira/status/1819013564906053829

Kujira testnet has been upgraded successfully to v2.0.0. After some final testing and UI upgrades, v2.0.0 will come to mainnet

v2.0.0 of the Kujira blockchain has been scheduled for upgrade on testnet next week, enabling faster oracle updates and paving the way for the launch of perps

https://x.com/TeamKujira/status/1816783003835580899

The $NAMI sale on PILOT has concluded, and trading is now live on FIN!

More details here 👇

https://twitter.com/TeamKujira/status/1783604250431385803

You don't know it yet, but this is a replacement for a seed phrase.

All using a private key that's stored within the OS, & sync'd to keychain so you can't lose it.

Seed-less wallets, but also recoverable.

This will change the UX in crypto forever.

This is how your grandma will onboard.

https://twitter.com/codehans1/status/1773072710785974539/photo/1

📢 GM good people. Here with something on BOW we think you'll love 👇

$USK Multi-Staking creates a set of incentives that’s shared across multiple tokens.

The first implementation of this is for $USK paired tokens 💵

Now anyone can incentivize staking across a variety of $USK paired LP tokens, boosting liquidity across them all 🦾

Stake here 👇

https://bow.kujira.network/usk?tab=overview

🛠️ GM & GN good people.

As a lot of you already know, all the revenue flowing to $KUJI stakers from $USK, GHOST, ORCA, FIN, PILOT (and more) is getting considerable in number 🫰

We are proud to present the Kujira Revenue Collector👇

https://x.com/TeamKujira/status/1767231979768943101?s=20