Cryptocurrency Q&A
What chain is Kujira on?
What chain is Kujira on?
DigitalDukedom
Tue Jul 23 2024
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7 answers
1619
Could you please clarify which blockchain Kujira is currently operating on? I'm interested in understanding the underlying technology and ecosystem that Kujira is a part of, as it's crucial for assessing its potential and compatibility with other projects. Is Kujira built on a popular, established blockchain like Ethereum or Binance Smart Chain, or is it leveraging a lesser-known or proprietary blockchain? Your insight would be greatly appreciated.
7 answers
ethan_lewis_journalist
Thu Jul 25 2024
The culmination of Kujira's efforts resulted in the launch of its proprietary chain, which served as the foundation for its next major initiative – the FIN decentralized exchange (DEX). FIN represented a pivotal moment in Kujira's history, marking the network's transition from a mere tool provider to a full-fledged player in the DEX landscape.
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Elena
Thu Jul 25 2024
FIN, named after the Japanese word for "fin" or "finance," is an order-book style token exchange platform. It offers users a familiar and intuitive trading experience, complete with advanced order types and robust market analysis tools.
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Tommaso
Thu Jul 25 2024
The Kujira network initially found its roots within the Terra blockchain ecosystem, leveraging its infrastructure to innovate. One of Kujira's notable contributions was the development of ORCA, a liquidation tool designed specifically for the Anchor lending platform.
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InfinityEcho
Thu Jul 25 2024
ORCA's introduction marked a significant advancement in the Anchor ecosystem, providing users with a robust mechanism to manage risks associated with lending and borrowing. Its integration into Anchor further solidified Kujira's reputation as a forward-thinking player in the decentralized finance space.
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CryptoNinja
Thu Jul 25 2024
By adopting an order-book model, FIN differentiates itself from other DEXs that rely on automated market makers (AMMs). This approach allows for tighter spreads, more efficient price discovery, and a trading experience that is reminiscent of traditional centralized exchanges.
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