No items found.

Kujira

price
change

Discover Kujira's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Kujira?

Kujira (KUJI) is a layer 1 blockchain built on the Cosmos network, aiming to provide a diverse array of decentralized finance (DeFi) infrastructure and sustainable financial technology. It operates under a semi-permissioned model, where new DApps must be approved by the protocol’s governance. The ecosystem includes various DApps such as ORCA, FIN, BOW, BLUE, and FINDER, designed to deliver interoperable and user-friendly DeFi tools for web3 users.

How is Kujira used?

Kujira (KUJI) is used for several purposes within the Kujira ecosystem:

  • Staking and Earning Rewards: Users can stake KUJI to earn rewards and participate in the network's governance.
  • Voting and Governance: KUJI is used for voting on governance decisions, ensuring that the community has a say in the direction of the network.
  • Network Fees: KUJI is used to pay network and transaction fees on both the blockchain and its decentralized applications (dApps).
  • Trading: KUJI can be traded on various cryptocurrency exchanges, providing liquidity and facilitating transactions within the ecosystem.

These uses contribute to the overall functionality and sustainability of the Kujira network.

How do I store Kujira?

To store Kujira (KUJI) tokens, you have several options depending on your needs and preferences:

  1. Store on an Exchange:

    • Hold your KUJI tokens on an exchange like MEXC, KuCoin, or CoinEX. This provides easy access to investment products and features such as spot and futures trading, staking, and lending. Ensure the exchange has strict security measures in place to protect your assets.
  2. Non-Custodial Wallets:

    • Withdraw your KUJI tokens to a non-custodial wallet, which grants you complete control over your private keys. This includes hardware wallets, Web3 wallets, or paper wallets. Be cautious to store your private keys securely, as losing them can result in permanent loss of your KUJI tokens.
  3. Kujira Wallet:

  • Use the Kujira wallet directly by connecting to it through extensions like Station, Leap, or Keplr. This allows you to send, swap, or buy KUJI tokens directly from fiat currencies via services like Kado or LocalMoney.
  1. Decentralized Exchanges:
    • Trade and store KUJI tokens on decentralized exchanges like Osmosis or Kujira's own DEX, which can be accessed through the Kujira wallet or other compatible wallets.

Choose the method that best suits your security and trading needs.

How to buy Kujira?

To buy Kujira (KUJI) tokens, you can follow these steps:

  1. Choose a Wallet or Exchange:

    • Centralized Exchanges (CEX): Select a reliable CEX that supports Kujira (KUJI) purchases, such as MEXC Global. Create an account, verify your identity, and add a payment method.
    • Decentralized Exchanges (DEX): Use a DEX like Osmosis. You can access Osmosis through the app or the Keplr wallet. Deposit an asset like ATOM to trade for Kujira.
    • Crypto Wallets: Some wallets, like Station, Leap, or Keplr Extension, allow you to connect to Blue.Kujira.App and buy Kujira directly.
  2. Deposit Funds:

    • CEX: Deposit fiat currency or other cryptocurrencies like USDT, ETH, or BNB to your CEX account.
    • DEX: Transfer the necessary cryptocurrency (e.g., ETH or BNB) to your wallet address.
  3. Buy Kujira (KUJI):

  • CEX: Use your deposited funds to buy Kujira (KUJI) directly or by exchanging other cryptocurrencies for it.
  • DEX: Connect your wallet to the DEX, select the token you want to trade, and swap it for Kujira (KUJI).
  1. Store Your Kujira:

    • CEX: Store your Kujira (KUJI) in your CEX account wallet.
    • DEX: Store your Kujira (KUJI) in your connected wallet address.
  2. Optional: Transfer to External Wallet:

    • CEX: If you want to store your Kujira (KUJI) outside the CEX, you can transfer it to an external wallet address.

Remember to follow the specific instructions for each exchange or wallet you choose, as the procedures may vary.

Discover
Kujira
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Kujira

Kujira, with its native token KUJI, has a multifaceted history. It began as an application on the Tera Network but had to reinvent itself as a layer one blockchain in the Cosmos ecosystem after Tera collapsed in May 2022. The KUJI token was initially launched on November 11, 2021, at a price of $4.6822, which steadily declined and remained bearish until it reached an all-time low of $0.001501 on June 9, 2022. The token experienced a positive spike in early July 2022, but it continued to fluctuate while remaining bearish. Despite this, it has since recovered from its all-time low and is currently trading at $0.99 with a circulating supply of 79.7 million KUJI and a market cap of $114.5 million.

Kujira's tokenomics include a total supply of 122.4 million tokens, with the original supply of 150 million reduced through a governance vote that burned liquidity pool rewards. The token serves several functions, including paying network fees, dApp fees, and distributing fees to KUJI stakers. The release schedule concluded on November 9, 2023, when all tokens fully vested.

Discover
Kujira
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Kujira works

Kujira (KUJI) is a Layer 1 blockchain built on the Cosmos ecosystem, focusing on decentralized finance (DeFi) projects selected by the community. It is semi-permissioned, meaning that any contract to be launched on Kujira must be voted through governance, ensuring the quality, sustainability, and longevity of the network. This creates a revenue-generating product environment with an excellent user experience, promoting a mature DeFi ecosystem.

Key Components
  1. On-Chain Scheduler:

    • Reduces reliance on bots for transaction execution, optimizing the efficiency of protocols.
    • Returns fees that previously incentivized bot usage to users.
  2. Native Token Generation:

    • Simplifies smart contract development by allowing every token on the network to be a native Cosmos token.
    • Benefits KUJI holders through settlement and trading revenues.
  3. CosmWASM 1.0 Support:

  • Enables developers to create secure and robust smart contracts using Rust’s expressive type system and CosmWASM’s architecture.
  1. Interoperability and Security:
    • Access to the entire Cosmos ecosystem via IBC (Inter-Blockchain Communication) ensures proven interoperability and security.
Applications
  1. ORCA:

    • A public marketplace for liquidated collateral, allowing users to secure their favorite assets and earn interest while waiting.
  2. BLUE:

    • The heart of the Kujira ecosystem, where users can participate in governance, stake KUJI, and manage their Kujira-related activities.
  3. FIN:

  • A decentralized, permissionless, and fully on-chain order-book-style cryptocurrency, eliminating the need for inflationary incentives and bots.
Tokenomics
  • Utility Token: Users enjoy discounts of 50-90% when paying fees in KUJI.
  • Staking Rewards: Users receive KUJI at a TBD% APY daily, auto-compounded, by depositing into the KUJI-UST liquidity pool.
  • Funding Stability: ORCA has two ongoing income sources: UST from fees and KUJI from withdrawals, which support the liquidity pool and token price stability.
Community and Adoption
  • Active Community: Over 50,000 active users and engaged communities on Twitter, Discord, and Telegram.
  • Availability: KUJI can be purchased on various cryptocurrency exchanges, and its price is subject to market fluctuations.
Staking and Rewards
  • Staking: Users can earn yield-bearing xKUJI and xUSK by staking KUJI with a Kujira validator.
  • Fees Distribution: All fees collected on the network are paid directly to stakers through validators, after conversion to KUJI.
  • Redemption Option: Users can redeem staking rewards as KUJI based on popular demand.

Kujira aims to level the playing field in DeFi by providing tools that are easy and cost-effective to use for everyone, from novice crypto enthusiasts to seasoned retail investors, without needing to risk more than they can afford to lose.

Discover
Kujira
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Kujira's strengths

Kujira (KUJI) is a Layer 1 blockchain platform that offers several strengths:

  1. Semi-permissioned Governance: Contracts must be voted through governance to ensure quality, sustainability, and longevity of the network, preventing scams and low-quality projects.

  2. On-chain Scheduler: Reduces reliance on bots for transaction execution, optimizing protocol efficiency and returning fees to users.

  3. Native Token Generation: Simplifies smart contract development, allowing every token on the network to be a native Cosmos token, with settlement and trading revenues benefiting KUJI holders.

  1. CosmWASM 1.0 Support: Enables developers to create secure and robust smart contracts using Rust.

  2. Interoperability and Security: Access to the entire Cosmos ecosystem via IBC (Inter-Blockchain Communication) ensures proven interoperability and security.

  3. Active Community: With over 50,000 active users and engaged communities on Twitter, Discord, and Telegram, Kujira fosters a welcoming environment for innovators in the crypto space.

  1. Inclusive Approach: Focuses on democratizing access to DeFi opportunities, making it more accessible to retail investors.

  2. Tokenomics: Offers a fixed supply with zero inflation, attracting investors seeking sustainable and non-inflationary assets.

These strengths contribute to Kujira's goal of building a more mature and sustainable DeFi ecosystem.

Kujira's risks

Kujira (KUJI) is considered a high-risk investment due to its significant volatility. The proprietary risk analysis system used by InvestorsObserver gauges the coin's risk by analyzing the amount of money required to shift its price over a 24-hour period, along with recent changes in volume and market cap. This system assigns a risk score between 0 and 100, with lower scores indicating higher risk and higher scores indicating lower risk. Kujira has consistently received high risk scores, indicating that it is a high-risk investment.

Additionally, Kujira's price predictions are subject to significant fluctuations, with potential price ranges varying widely for different years. For example, the price of KUJI in 2029 is predicted to be between $178.18 and $422.00, and in 2030, it is predicted to be between $375.12 and $515.78. This volatility makes it a high-risk investment, especially for those who are not comfortable with significant price swings.

It is essential for investors to understand that Kujira's high risk is accompanied by potential rewards. However, it is crucial to carefully assess personal investment goals and risk tolerance before investing in Kujira. It is recommended that investors perform their own research and consider the risks involved before making any investment decisions.

Discover
Kujira
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Kujira raise funds?

Discover
Kujira
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Kujira's ecosystem

No items found.
No items found.
Discover
Kujira
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Kujira’s team

  • Brett (@Cryptoslang1): Founder, central front-end developer for Kujira.
  • Dove (@Deadrightdove): Founder, CEO, and public face of Kujira.
  • Hans (@Codehans1): Founder, central back-end & smart contract developer for Kujira.
  • Alex (@Unconumb): Community manager and runs the Rorcual validator with a partner.
  • Amit (@Const_amit): Core team Smart Contract Wizard.
  • Dan Tanaka (@Dantanakakujira): Growth lead and head of business development.
  • Daniel Lux (@Thuxo_Lux): Research & writing, WinkHUB core team, KujiDAO cofounder.
  • Dave (@Brinstar_Kuji): CFA Charterholder, moderator, advisor.
  • Jan (@JPTG119): Responsible for media and community.
  • KP (@KPeruggi): Content and Outreach.
  • Mint (@mintthemoon): Kujira Name Service, central Gojira backend dev, Kujira relayer/validator.
  • Starsquid (@starsquid_io): Kujira Price Oracles & Kujira Pond.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Kujira NEWS REPORT

Latest news

Want an analysis of Kujira? Tell us on discord.

Similar tokens

Looks like we're missing similar tokens!
Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM