Rujira Weekly Recap 28: What’s New in Omnichain DeFi
Hi everyone,
Hi everyone,
Welcome to Rujira Weekly Recap, where we share all the interesting things that happened recently!
⚡️Update on KUJI and rKUJI Merge contract
The fix for the KUJI and rKUJI Merge contract, included in THORChain v3.8, is expected to go live on July 16. Once deployed, the Merge contracts will be re-enabled as soon as possible.
Users will then be able to:
- Merge their rKUJI and KUJI to convert them into $RUJI
- Withdraw $RUJI from the Merge contract if they choose
More information in the post below.
⚡️Winding down support for Finder
Starting in August, we will discontinue indexing and access to historical data on Kujira in order to reduce costs and focus our efforts on Rujira. The Kujira chain will continue to operate as normal, but historical transaction data in Finder (Kujira block explorer) and price charts on FIN will no longer be available.
⚡️Interview with Mark and Jade
Come listen to this interview where Mark shares his story, what we are building at Rujira, and our long-term vision. Big thanks to Jade for the great conversation!
⚡️Article on AutoRujira
Great article by the THORCHain intern covering the work the AutoRujira team is doing, and how they will play a key role in bringing AI and automation to Rujira, including their newly announced product, Auto v2.
Democratized automation on Rujira is on its way.
⚡️Rujira is looking for CW Devs!
The Rujira team is growing, and we are looking for talented CosmWasm devs to help build out our DeFi suite and bring our vision for omnichain DeFi to life. If you are ready to work on real products with real users, get in touch with JP, PM, or Mark, and let’s build together!
⚡️Calc Finance is coming to Rujira
For Kujira OGs, a familiar face returns: Calc Finance has announced that its DCA (Dollar Cost Averaging) product is coming to Rujira and THORChain. Many users value the ability to set up recurring buys or sells, especially with unpredictable markets. This integration will offer more control and consistency in managing positions over time.
Expect a wide range of DCA strategies and features, all seamlessly integrated into your favorite UI.
⚡️Explanation Enshrined Oracles
The team behind RujiraExplained has done another great job breaking down some of the complex tech we are working on. Want to learn more about Enshrined Oracles in clear, simple language? Check out the thread.
⚡️Nami Unification Strategy
Nami keeps building and has an impactful strategy coming up that will be a game changer for simplifying onboarding. Inspired by the Virtualization Strategy, users will be able to deposit any version of USDC, whether it’s on AVAX, Base, or Noble, and it will be automatically swapped in the background via CCTP to the Ethereum version, making it ready to use across our products.
⚡️Spaces with Kenton, Dennis and Hans
Last Saturday was another TC Community Spaces packed with alpha. Hans joined to talk about Intents and RUJI Trade, there was a discussion on marketing and a possible front-end for TC, and PM spoke about competition and the fee split.
That’s it for this time, have a great week everyone!
