Kujira vs. Injective:
Two of the most hyped coins this cycle.
But how do they compare & which one has more potential?
I made the analysis 👇
Two of the most hyped coins this cycle.
But how do they compare & which one has more potential?
I made the analysis 👇
The basics:
Both projects are Layer-1 chains built with the Cosmos SDK.
Injective offers out-of-the-box modules for developers & is optimized for DeFi + interoperability.
Kujira has a focus on easy-to-use tools that empower retail & sustainable products with real yield.
Both projects are Layer-1 chains built with the Cosmos SDK.
Injective offers out-of-the-box modules for developers & is optimized for DeFi + interoperability.
Kujira has a focus on easy-to-use tools that empower retail & sustainable products with real yield.
The Injective Ecosystem:
Injective makes it easy for developers.
They provide DeFi modules like a decentralized order book to launch applications.
All protocols on Injective generate value for INJ holders, but more info on that later.
Injective makes it easy for developers.
They provide DeFi modules like a decentralized order book to launch applications.
All protocols on Injective generate value for INJ holders, but more info on that later.
There are quite a few projects in the pipeline:
@MitoFinance - automated DeFi hub
@neptune_finance - p2p lending protocol
@exotic_markets_ - options infrastructure
@BlackPanther_Fi - asset management
@hydro_fi - native LSD Protocol
These are only the upcoming *DeFi* Protocols.
@MitoFinance - automated DeFi hub
@neptune_finance - p2p lending protocol
@exotic_markets_ - options infrastructure
@BlackPanther_Fi - asset management
@hydro_fi - native LSD Protocol
These are only the upcoming *DeFi* Protocols.
The Kujira Ecosystem:
Kujira is great at developing applications themselves.
All of them accelerate each other & are connected to a flywheel.
USK -> Liquidations for ORCA
Ghost -> Arbitrage for USK
Bow -> Liquidity for FIN
The illustration by @DistilledCrypto summarises this.
Kujira is great at developing applications themselves.
All of them accelerate each other & are connected to a flywheel.
USK -> Liquidations for ORCA
Ghost -> Arbitrage for USK
Bow -> Liquidity for FIN
The illustration by @DistilledCrypto summarises this.
Two protocols recently launched & received a lot of hype:
@Manta_DAO - DeFi Hub
@unstake_fi - Cosmos unstacking
Kujira native products are about to be launched:
1. Perpetual trading
2. Full launch Sonar (Wallet)
By the way, both mentioned projects airdropped to KUJI stakers.
@Manta_DAO - DeFi Hub
@unstake_fi - Cosmos unstacking
Kujira native products are about to be launched:
1. Perpetual trading
2. Full launch Sonar (Wallet)
By the way, both mentioned projects airdropped to KUJI stakers.
Let's talk tokenomics:
Injective has a fixed supply & a built-in burn mechanism.
Kujira has all tokens in circulation & generates yield without incentives.
Both of these sound bullish at first glance...
But as you dig deeper you'll find that it's even more bullish than that.
Injective has a fixed supply & a built-in burn mechanism.
Kujira has all tokens in circulation & generates yield without incentives.
Both of these sound bullish at first glance...
But as you dig deeper you'll find that it's even more bullish than that.
Injective & the token burns:
Injective sells fees from the platform for INJ tokens & burns them afterward.
More than $100m in INJ have been burned.
All protocols in the Injective ecosystem contribute to that burn mechanism.
A true burning fly-wheel/network effect!
Injective sells fees from the platform for INJ tokens & burns them afterward.
More than $100m in INJ have been burned.
All protocols in the Injective ecosystem contribute to that burn mechanism.
A true burning fly-wheel/network effect!
Kujira and the inflation:
Kujira has 0 inflation, all tokens are circulating.
99% of DEXs need token incentives for liquidity.
Kujira's DEX is handling crazy volumes without any incentives.
I can't name a single DEX that does something similar.
by @PostTenebras2 👇
Kujira has 0 inflation, all tokens are circulating.
99% of DEXs need token incentives for liquidity.
Kujira's DEX is handling crazy volumes without any incentives.
I can't name a single DEX that does something similar.
by @PostTenebras2 👇
Summary:
We saw that INJ & KUJI are quite similar.
Both ecosystems are thriving & both have great tokenomics.
I also looked at the data & both projects crush every metric (TVL, revenue, etc.)
By the way, their charts also look quite similar.
Which one is your favorite?
We saw that INJ & KUJI are quite similar.
Both ecosystems are thriving & both have great tokenomics.
I also looked at the data & both projects crush every metric (TVL, revenue, etc.)
By the way, their charts also look quite similar.
Which one is your favorite?
Hey,
I really appreciate that you give me your time & read my thread.
If you have another 10 seconds you could do me a huge favor by retweeting the first tweet in this thread.
Click the linked Tweet 👇
I really appreciate that you give me your time & read my thread.
If you have another 10 seconds you could do me a huge favor by retweeting the first tweet in this thread.
Click the linked Tweet 👇
One thing I forgot to mention:
*I hold $KUJI & this post is not financial advice.
*I hold $KUJI & this post is not financial advice.
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