The DeFi project Kujira is set to build a new application layer for THORChain
The DeFi project Kujira has formed an alliance with its three "key ecosystem" partners Fusion, Unstake, and Wink to build a new application layer for the cross-chain liquidity protocol THORChain. The new application layer is driven by a new token called RUJI. John-Paul Thorbjornsen, the founder of THORChain, stated that THORChain has "solved" the problem of Maximum Extractable Value (MEV), "dividing income into consensus and liquidity", which means there is no MEV on THORChain. He claims this provides a "better" user experience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A Bitcoin address that has been dormant for 10.8 years is activated, containing 100 Bitcoins
The odds of Trump and Harris winning are evenly matched, both at 49%