Found this great read about $KUJI
Here is a summary:
Kujira's story in DeFi is one of resilience, ambition, and hard lessons learned. Once a star of the Terra ecosystem, they narrowly survived the Terra collapse of 2022, launching their own Cosmos-based L1. The team’s ingenuity brought powerful DeFi tools to life, like Orca, Fin, and Ghost. But this year, they faced a self-inflicted setback when leveraging treasury assets went wrong, leading to a near 95% crash in $KUJI price.
Enter THORChain, seeing Kujira's potential and stepping in to turn things around. Now, with the $RUJI merge on the horizon, Kujira is set for a comeback.
This merger brings together THORChain’s incredible liquidity and Kujira’s fully-developed DeFi app layer, creating a force to be reckoned with in DeFi.
The stage is set for a DeFi revival, and there may never be a better time to get involved.
Full read: https://medium.com/@eldorado.market/the-epic-of-kujira-from-terras-ashes-to-thorchain-s-embrace-5f614c9a90a2 Show Less