Is it good for RUNE or not? In my opinion there will be a change in "Income split" of Rujira. 50:50 is not good for RUNE this will be like 60:40 for RUNE eventually. If they live up to their promises, they will have much bigger gains and probably better UI/UX than other DEX in Thorchain. So lot of SWAPs will be on Rujira instead of RUNE.
We'll all find out when Rujira gets going. I can't wait.
Grassrootcrypto:
Definitely not an expert on Rujira. 😅 I do know it was on Cosmos and was called Kujira, then something happened and they migrated to Thorchain. Or something like that!
So haven't been following. Should I though? 🙂
They are a bit of a shady team, they were originally on LUNA and then created their own, now failed, blockchain on Cosmos. Lot of hype in the beginning with no real follow through. Don't know how they are doing these days.
Indeed! I got the same impression. I think with Kuji (now Ruji), something happened with their stablecoin... lost its peg or something.
Didn't know they came from Luna but that would explain a lot if they messed up with stables again! 😅