The $NAMI Merge is live!
We have opened up the Merge, and $NAMI holders are now able to convert their tokens into $RUJI.
We have opened up the Merge, and $NAMI holders are now able to convert their tokens into $RUJI.
For the next four weeks, users can convert their NAMI tokens at a rate of 0.013 RUJI per NAMI. After this period, the conversion rate will gradually decline. The process to merge your tokens depends on where your NAMI tokens are currently held, and you can get started by visiting rujira.network/merge/NAMI.
⚡️Merge process
For tokens already on Rujira, use the second box on the Merge page to convert directly to $RUJI. You will need a small amount of $RUNE to cover gas fees.
Tokens still on Kujira require an additional step:
- Bridge your $NAMI from Kujira (via Cosmos) to THORChain. You will need some $KUJI for gas.
- Convert your $NAMI to $RUJI on THORChain. You will need some $RUNE for gas.
After conversion, you can keep your $RUJI in the Merge contract to earn bonus rewards that accumulate until withdrawal, or you can withdraw any amount at any time, including both converted tokens and rewards. There is no unbonding period, but once withdrawn, tokens cannot be redeposited into the Merge contract to earn additional rewards.
⚡️The conversion rate and decay factor
The Merge ratio is fixed at 0.013 RUJI per NAMI, with a total of 74 million NAMI eligible for conversion. The remaining 26 million NAMI held in the treasury will be forfeited by the team to fully align with the community.
Starting from the 22nd of September, users will have 6 months to convert their tokens to $RUJI. During the first four weeks, until the 22nd of October, you will get 100% of the conversion rate. After this period, the rate will gradually decrease on a linear scale, reaching 0% by the end of the 6-month window, on the 22nd of March 2026.
Examples:
- Converting on 29 September 2025 = 0.013 RUJI per NAMI
- Converting on 1 January 2026 ≈ 0.0065 RUJI per NAMI (50% decay)
⚡️Bonus $RUJI
When tokens are converted at less than 1:1, the surplus $RUJI created is distributed as rewards to users who keep their $RUJI in the Merge contract.
Rewards build up from the time of conversion until withdrawal, and the longer you wait, the more you earn.
⚡️Questions and Help
We understand that some parts of the Merge can be difficult and that issues may arise. If you need support with the Merge, please join our official Telegram chat (https://t.me/Rujira_Community), or open a support ticket on our official Dev Discord and we will help you with any questions you have. In our official Telegram chat, make sure to only interact with team members and admins (with a tag in their name), and never respond to any DMs. None of the team members or admins will DM you first, so anyone who does is most likely a scammer.
We also want to emphasize that all official updates, links, and announcements will come exclusively from the official Rujira X account. Any other sources claiming to provide guidance, links, or assistance are most likely scams. We urge you to stay vigilant and avoid engaging with unverified actors.
