What is Kujira?
Kujira is a layer 1 protocol that creates tools to give investors affordable and easy-to-use DeFi investment tools. Kujira is unique in that it is semi-permissioned and has an on-chain scheduler which makes it more efficient than other DeFi protocols.
What are the core features of Kujira?
- Semi-Permissioned: The Kujira network is semi-permissioned, meaning that for a project to be launched on Kujira, it needs to be voted in through governance on the Kujira platform. This protects the sustainability and quality of the network and the long term while enabling for a healthy degree of decentralization.
- On-chain Scheduler: The Kujira platform has an on-chain scheduler that allows protocols to be built without much reliance on bots which will lead to increased efficiency and fewer fees as a result of less wasted transactions.
- Built with Cosmos SDK: Kujira is built on the Cosmos SDK, which is well known for its modularity, flexibility, and security. This allows for a wide range of possibilities when it comes to the development of apps on the Kujira platform.
What is the native token of Kujira?
The Kujira Coin is the native token of the Kujira network ($KUJI), and it is used to perform several functions on the network. These include:
- Staking: Users can stake their KUJI to validate transactions and earn rewards.
- Voting and governance: Kujira users can vote on proposals to improve the network.
- Network Fees: Kujira charges network fees in KUJI.
- Trading: Kujira users can trade KUJI on exchanges.