Rujira Weekly Recap 31: What’s New in Omnichain DeFi

Hi everyone,

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

⚡️$RUJI Staking is live!

Another big milestone reached: single-sided $RUJI staking is now live.

In less than a week, over 3.5 million $RUJI has been staked. Most stakers have chosen to be autocompounders, with more than 80% of tokens set to automatically convert rewards into additional $RUJI.

Revenue has been building over the past few months, and distribution will begin on a date to be announced.

Stake your $RUJI to claim your share!

⚡️Community meet-up

We are back with the second edition of our community event, this time in partnership with THORChain. Come and connect with the builders in the Rujira and THORChain ecosystems that are shaping the future of DeFi .

Join us in London on 19 September at BrewDog. Expect great conversations, fresh ideas, and cold drinks. Don’t miss it!

⚡️MEXC listing

Big thanks to MEXC for completing the Merge for both $KUJI and $LVN holders, and distributing $RUJI tokens.

$RUJI is now listed and available for trading on MEXC here:
https://www.mexc.com/exchange/RUJI_USDT?_from=search

You can find the official announcement here:
https://www.mexc.com/support/articles/17827791526285?handleDefaultLocale=keep

⚡️CoinEx listing

CoinEx has also completed the Merge for their $KUJI holders, and users should see their $RUJI in their wallets.

Start trading $RUJI on CoinEx here:
https://www.coinex.com/en/exchange/ruji-usdt

View the official announcement here:
https://coinex-announcement.zendesk.com/hc/en-us/articles/39428546800788-CoinEx-Has-Completed-KUJI-Token-Merger-to-RUJI

⚡️Orbital Pools explained

CeKe has been killing it and wrote a great post explaining in simple terms how Orbital Pools, a concept proposed by Dave White and paradigm, will play a key role in positioning Rujira at the heart of stablecoin adoption.

⚡️Launch of our subreddit page

As we continue building out our products, we are also working to reach not just more users, but different types of users as well.

As part of this effort, we have launched our official Reddit page:
https://www.reddit.com/r/RujiraNetworkOfficial/

More social channels coming soon!

⚡️Rujira Perps notifications live

The team at NotifyU has integrated RUJI Perps into their bot!

You can now receive notifications when your Perp limit orders are filled and when your positions are nearing liquidation. It currently supports three markets, with more to be added over time.

⚡️NAMI staking is live

With the staking contract now live, other projects on Rujira can start enabling staking for their tokens as well.

Nami Protocol is the second project to launch staking, with over 15 million $NAMI tokens already locked and ready to earn product fees.

⚡️RJI, the ecosystem index

The team at Nami Protocol has launched the RUJI Index, starting with their first index: RJI.

The RJI Index is a great way to track ecosystem growth. It currently includes $RUNE, $RUJI, $TCY, $NAMI, $LQDY, and $AUTO, with more tokens to be added as new projects launch on the App Layer.

Are you a fullcoiner yet?

⚡️AutoRujira roadmap

AutoRujira has released a packed roadmap, covering everything from an onboarding and support agent, to the TCY autocompounder and the development of Auto v2.

Decentralized automation is coming to Rujira at a rapid pace!

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