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.

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.

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.

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

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.

• 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.

• 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: 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.

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.

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

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

6. 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.

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

8. 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 (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.

• 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.