Rujira Weekly Recap – Week 6/2025

Hi Everyone!

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

⚡️Rujira updates

The Merge Instructions

The long awaited Merge is getting close. On the 27th of February – subject to CosmWasm being live on THORChain mainnet – the community will be able to deposit their Merge tokens and finish the first two steps of the process to convert their tokens to RUJI. Instructions on how to do this differ depending on where your RUJI is located and the wallet you use, so make sure to check out how you can best prepare!

Rujira will be Omnichain

Hans has teased a glimpse of the Portfolio page, showcasing how we’re redefining DeFi. So what’s it all about, and why is it such a big deal?

In the crypto world, with so many different chains and wallets, users often get lost and have trouble keeping track of their funds. It’s a messy experience, especially for newcomers.

With Rujira, you’ll be able to connect wallets from Bitcoin, Ethereum, Cosmos, and more, see all your balances in one place, and trigger transactions from any connected chain, no matter where your assets are.

And it’s not just a game-changer for users. Builders will only need to deploy once on Rujira and their apps will be available across all connected chains and wallets.

Wen? Very soon.

More details in this great thread by CekE.

Audit announcements

The audits are ongoing, with multiple teams working hard to get the RUJI products ready for mainnet! We have Halborn auditing the first two products set to launch on Rujira: RUJI Trade (orderbook DEX) and RUJI Pools (automated market-making strategies adding liquidity to the orderbook).

At the same time, Zellic is conducting a comprehensive audit of the Merge, staking, and revenue converter contracts, as well as reviewing the DAODAO contracts to ensure secure integration within the Rujira ecosystem.

RUJI Perps will also undergo an audit soon, more details about this and the outcome of the audits coming soon!

THORChain, $TCY and a path forward

The past two weeks have been challenging for THORChain due to the impact of the THORFi implementation on the Base Layer.

To address the debt issue, community members proposed several solutions which were put to a vote. Node Operators approved “Proposal 6,”as proposed by AaluxxMyth from the THORChain friendly fork Maya Protocol.

Proposal 6 summarized:

$205M of debt will be converted into equity through the token $TCY, which will receive 10% of network revenue in perpetuity.
Borrowers and Savers can claim 1 $TCY token per $1 of their owed liability.
A Liquidity Pool, seeded by the THORChain treasury, will allow token holders to sell their claims at their discretion.
As market demand for a share of THORChain’s revenue grows, holders will have the flexibility to exit on their own terms.
We plan to setup a TCY/USDC pair on RUJI Trade to allow people to trade TCY in the orderbook.

AaluxxMyth and the community are finalizing the implementation plan, with a draft open for feedback and Nodes will be able to vote on the plan soon.

With a debt restructuring solution in place, swaps re-enabled for wallets, and Nodes churning back in, a path forward is apparent and the vision is clearer than ever: de-risk the Base Layer, keep it simple, stable and highly cashflows generative, and move all the more advanced DeFi products on the App Layer.

AmpliFi!

Last week, the Boon team launched an MVP of their AmpliFi platform, together with a mission for early users to test the program. The initial results have been impressive! 2,500 participants successfully completed the tasks, leading to 2,250 new X followers, over 30,000 impressions, 2,000 shares, and 3,100 likes.

Congratulations on this major milestone and looking forward to all the buzz the team creates!

RUJI AI Agents

AutoRujira has been giving us sneak peeks of what they’re building and what AI agents will be able to do on Rujira! Soon, everyone will be able to interact with their RUJI AI agent through a simple chat interface and be part of the agentic age.

Curious about what’s coming? Watch the video here.

MantaFi stats January

MantaDAO’s January stats are in, with $10k+ of revenue generated this month and the continued trend of reducing debt.

With the Merge approaching, the team has been actively preparing for the next phase of MantaDAO. Rumors hint at something exciting brewing in their Telegram chat, more details coming soon!