
Hi Everyone!
Welcome to Rujira Weekly Recap, where we share all the interesting things that happened recently!
⚡️Rujira updates
Rujira: Enter the Omniverse
Enter the Omniverse. A place where everything comes together, a unified ecosystem where all the different chains, wallets, and DeFi products converge into something bigger.
With the products and TGE (Token Generation Event) getting close, Pragmatic Monkey has written a great article about what we stand for, what makes us unique and how we’re building the infrastructure for the next wave of economic freedom.
We are not playing the short-term hype game. We are building the omnichain DeFi rails for humans and machines, with a sustainable economic model for the decades to come.
Full article here
It’s time
With the Merge just two weeks away, momentum is building, and the excitement is kicking off. We’ve released the first building block, Portfolio, offering a glimpse into the world’s first omnichain experience. Visit rujira.network, connect your wallets (plural!) and try it out for yourself to get a taste for what is about to come.
Next: RUJI Swap.
The Hub
While the RujiKast team often discuss other projects and ecosystem developments, this time, together with Daniel, the spotlight was on their own products for Rujira. We know the team for their Gojira NFT marketplace vision, but besides that they are also building the Hub, our own social platform. Articles, news, education, games, lore. It will all happen in the Hub.
RUJI Ventures
THORChain University interviewed Dozzin to discuss the history of Fuzion, its past products, and its future as it is merging into Rujira as the Ventures arm. RUJI Ventures will go beyond just a launchpad, and will offer a comprehensive suite of tools from projects at all stages from bootstrapping to token generation events (TGE) and late-stage fundraising. Curious about the team behind the launchpad, bonds and options and want to know the mechanics behind their products? Interview here.
A demo on what to expect
Lots of alpha was shared during the livestream yesterday of Rujira Intern! Pragmatic Monkey and JP from Nami Protocol showcased what newcomers to Rujira, who are unfamiliar with the Kujira ecosystem, can expect. While Kujira’s existing products were already innovative, the team now has the unique opportunity to redesign them, leveraging the lessons learned from Kujira to build a state-of-the-art DeFi ecosystem.
There were also some exciting teasers for Station Wallet, our mobile wallet optimized for Rujira’s products. Make sure to watch!
⚡️ Ecosystem news
THORChain Block rewards
Due to its outstanding THORFi debt, THORChain recently required swift action on behalf of both the core dev team as well as its more knowledgeable community members. A number of proposals were submitted attempting to resolve the mechanistic faults that THORFi embedded into THORChain’s design. Proposal 6, developed by founder of Maya Protocol @AaluxxMyth, was voted to pass by the majority of nodes. Since, Aalux and other expert community members have been working on a comprehensive revamp to THORChain’s incentive structure, all in efforts to once again make it a sustainable business model.
One major step forward came last Tuesday, when nodes voted to reduce block rewards from 25,000 $RUNE to just 2 $RUNE per day. Due to the sell pressure that block rewards had historically placed on $RUNE, their elimination had become an increasingly important topic in recent months. Their reduction was therefore a breath of fresh air for both THORChain and $RUNE hodlers, especially that, when combined with THORChain’s 5% burn mechanism, $RUNE has officially become deflationary.
Building towards Automation and AI
The current financial system is fundamentally flawed. Institutions and professional investors have access to advanced tools, market information and knowledge that most people don’t, creating an uneven playing field that benefits a small minority while others struggle to keep up. DeFi offers the opportunity to level the playing field, but as AutoRujira rightly points out, it remains overly complex. While it removes geographic barriers, arbitrary restrictions (e.g. “accredited” investors), and risks from centralized entities, accessibility remains a major challenge.
Automation and AI are the key to simplifying DeFi, and AutoRujira is working to make that vision a reality.
🗓️ Last Week’s Event
What: Omnikast – RujiHub
Who: RujiraNetwork (RujiKast), Daniel
What: Rujira Demo
Who: Rujira Intern, Pragmatic Monkey, JP from NamiProtocol, Lush
What: TCU – RUJI Ventures
Who: THORChain University, Dozzin
Recording
🗓️ Upcoming Event
What: Omnikast – Marketing
Who: RujiraNetwork (RujiKast), Erudite
When: 19th of February
What: TCU – RujiraAcademy & University of Bristol
Who: THORChain University, Rujira Academy
When: 20th of February
What: The Merge
Who: All $KUJI, $rKUJI, $LVN, $WINK, $NSTK and $FZN holders
When: 27th of February
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That’s it for this time, have a great week everyone!