Rujira Weekly Recap 27: 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!
⚡️Perps is live
RUJI Perps, built by the @Levana_Protocol team, is live! We have soft launched Perps with a set of conservative parameters while it currently relies solely on the TOR price feed. Once Enshrined Oracles will be live on Mainnet and tested, price reliability will improve a lot allowing us to be more aggressive. Once ready, you can expect increases in leverage, liquidity caps, and the number of supported markets.
Initial parameters for the soft launch:
- Maximum liquidity cap for BTC and ETH markets: $100,000
- Maximum liquidity cap for other markets: $10,000
- Maximum leverage: 4x
Visit RUJI Perps to be among the first to trade Perps on Rujira!
⚡️Trading competition has ended
The $RUJI Trading Competition, held to celebrate the launch of RUJI trading, ended last week. Four winners were randomly selected from all eligible wallets, each receiving 250 $RUJI. Congratulations to the following addresses:
- thor1gkw…25gq
- thor1jd4…ggk5
- thor178d…xtzj
- thor1y50…cju8
⚡️A new CW developer has joined the team
A big welcome to @jvr0x, a CosmWasm developer who has recently joined the Rujira Core team. Javier runs the CW newsletter and brings a lot of useful experience from working with several CW teams. Together with Hans, he will focus on RUJI Trade and Pools, starting with the Orbital Strategy.
⚡️THORChain and Rujira integration with tax software
Support for tax reporting remains an overlooked issue in crypto for many projects. Expecting users to handle it manually is not practical and may discourage new participants. We have submitted integration requests to several tax software providers and aim to get this set up as soon as possible, but we need your help!
If you have a minute, please like the requests below to improve our chances of getting THORChain and Rujira integrated:
- Blockpit: https://blockpit.canny.io/feature-requests/p/add-support-for-rujira-thorchains-app-layer
- Koinly: https://feedback.koinly.io/integrations/p/add-support-for-rujira-thorchains-app-layer
- Cointracker: https://feedback.cointracker.io/features/p/add-support-for-rujira-thorchains-app-layer
- Coinledger: https://coinledger.canny.io/feature-requests/p/add-support-for-rujira-thorchains-app-layer
⚡️UI Updates
Brett continues to improve the platform. On the Portfolio page, you can now view the value of each category, see how your assets are allocated, and understand each asset’s contribution to your total wallet value. A preview of several upcoming trading pairs, incl. BTC and ETH, has also been added on RUJI Trade and Pools, and these pairs are expected to go live later this week.
⚡️RUJI Index delayed
Just before launch, the Nami Protocol team identified a critical bug in the RUJI Index product. As a result, the launch has been delayed until THORChain version 3.9. The team immediately began working with Halborn, the auditor, to resolve and audit the issue. The fix has now been completed and included in the v3.9 upgrade.
⚡️AutoRujira needs your input
Last week, RUJIAI entered closed beta on mainnet, allowing testers to try out portfolio checks, swaps, and limit orders. But this is just the beginning. While awaiting the release of other Rujira products, the team is interested to hear what features you would like to see next. Let them know how you would use an AI copilot, and they might implement it for you!
That’s it for this time, have a great week everyone!
