Rujira Weekly Recap – Week 51/2024

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Hi everyone,

Welcome to Rujira Weekly Recap, where we share all the interesting things that happened recently!

⚡️Rujira updates

THORChain v3.0

THORChain has successfully upgraded to v3.0! With Cosmos v50, Secured Assets, and gRPC connections live on mainnet, the stage is set for exciting developments. First up: RUJI Swap.

State-of-the-Art Builder Experience

@codehans1 shared exciting details about how Rujira is designed to offer not just a smooth and intuitive user experience, but also empower builders.

Here’s what builders can look forward to:

  • Comprehensive Design System: access an open-source Figma, stylesheets, and React components for a unified and ready-to-use UI integration.
  • Declarative Data: with the graph data layer, your apps can fetch balances, orders, and positions efficiently, type-safely and without duplication.
  • Chain Abstraction: call your Contract on any connected THORChain chain, with only 10 lines of code.

Interested in how this looks like in practice? An entire protocol interface, callable from any Layer 1, is powered by just 100 lines of code in the fast and integrated RUJI Merge UI.

What are you going to build?

Kujira Merge Page Update

We’ve made some updates to the Kujira merge page to improve functionality and resolve an UI issue. Here’s what we have changed:

  • Resolved a bug with the quantity of RUJI tokens available for FUZN merger, which was previously understated due to a UI issue.
  • The $ value based on $100m FDV has been removed since the current KUJI price implies a premium to that value. Instead, we have added the % bonus for both scenarios compared to merging and withdrawing on day 1.
  • Added “Estimated 12-Month Participation” to help you estimate the proportion of users likely to stay deposited for the full 12-month period.

This allows us to show two different return metrics for better clarity:

  1. Estimated Average Returned: Reflects your return if exiting at the average participation duration (default: 180 days).
  2. Returned if Bonded for 12 Months: Displays your return if you stay locked the entire 12 months.

Check out the updates and simulate your returns on kujira.network/merge.

⚡️Ecosystem news

AutoClaimer v1.3

The amazing team at @AutoRujira have introduced their AutoClaimer v1.3, featuring support for KUJI Trade (FIN)! This handy tool eliminates the need for manual claiming, making the trading experience smoother than ever.

Here’s how it works:
1. Activate AutoClaimer (watch the demo to see for yourself).
2. Make a trade on FIN.
3. Your purchased tokens are automatically sent to your wallet

Interested in a demo and how it works? They have made a video for a full walkthrough.

Community Contest

With all the exciting developments underway, @Rujira_Intern is hosting one of our classic community events! Share what excites you the most about the migration to THORChain, the launch of the App Layer and the core products.

Be creative and create something awesome. A thread, meme, video, animation, or something else entirely.

📅 How to enter:
Reply to the thread with your submission by December 25th.

🏆 What’s at stake?
The top 3 entries will win $100 in KUJI each and of course eternal glory.

Best of luck and show us what you got! 

🗓️ Last week’s event

What: Ruji roundtable #3

Who: @Rujira_Intern(@settingthetempo), @Rujikast & @markfromdenmar_

Recording: https://x.com/Rujira_Intern/status/1866830317845369275

🗓️ Upcoming Event

What: $RUJI $69 – why YOU should be HYPER 🔥🔥🔥🔥🔥

Who: @Rujikast

When: Thursday 19th of December at 4 PM UTC

Link: https://x.com/rujikast/status/1869018262731907119

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That’s it for this time, have a great week everyone!