Kujira Rebrands as Rujira Network, Forming the Rujira Alliance with THORChain and Levana
Rujira Network, born from Kujira’s rebrand, partners with THORChain and Levana to form the Rujira Alliance.
Author: Tanishq Bodh
Written On: Tue, 08 Oct 2024 11:14:58 GMT
Kujira has officially rebranded its TeamKujira account handle to RujiraNetwork, marking a significant evolution in decentralized finance (DeFi). The rebrand introduces “Rujira,” a new collaboration between Kujira, Levana, and THORChain, known as the Rujira Alliance. This partnership aims to create a powerful app layer on THORChain, offering a fully integrated suite of DeFi tools and dApps. Rujira benefits from THORChain’s deep liquidity and substantial swap volumes, positioning itself as a leading force in the DeFi ecosystem.
The Rujira Alliance
Kujira, now part of the Rujira Alliance, is set to become the app layer of THORChain, leveraging its $250 million+ liquidity pool and cross-chain capabilities. This strategic alliance enables projects to tap into native token swaps, cross-chain interoperability, and THORChain’s liquidity while maintaining a seamless user experience. The result is a unified ecosystem that empowers developers and users with advanced DeFi functionalities.
The Rujira brand will be the official face of THORChain’s app layer, with the core team committed to developing a world-class suite of DeFi tools. This merger marks a significant milestone for both Kujira and THORChain, merging the innovative DeFi solutions of Kujira with the unmatched liquidity and cross-chain expertise of THORChain.
Core Projects and the Road Ahead
Several teams will be involved in building out the Rujira ecosystem, including Fuzion, Unstake, Gojira, and Levana. Each team will focus on different aspects of DeFi, ensuring that the app layer is supported by expert development in every vertical.
Expanding DeFi with RUJI Tokens
The new ecosystem will also introduce the RUJI token, which accrues value from the economic activity on the app layer. RUJI tokens will represent the fusion of THORChain’s liquidity and security with Kujira and Levana’s comprehensive suite of DeFi products, unifying everything under a single brand and user experience.
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In this article
The Rujira Alliance
Core Projects and the Road Ahead
Expanding DeFi with RUJI Tokens
