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Kujira
Kujira is a Cosmos-based Layer-1 DeFi ecosystem that has merged into Rujira, the THORChain App Layer.
Distributed
GHOST
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Description
GHOST allowed users to lend crypto assets for variable interest or borrow assets against collateral. It integrated with Kujira’s ORCA liquidation system and related products including FIN, BOW, USK, and BLUE.Category: Decentralised Borrowing & Lending
TVL: $560K
Chains:
USK
Project Links
Description
USK is a native Kujira/Cosmos stablecoin minted through collateralized debt positions and liquidated through ORCA. BLUE is the separate Kujira ecosystem dashboard through which users can mint and manage USK. Kujira’s successor-transition communications describe an active wind-down and migration of USK debt positions to Rujira, while the Kujira chain remains validator-operated.Category: Stablecoin Issuance
TVL: $61K
Chains: