Rujira & THORChain
Last updated
Last updated
Rujira is the App Layer of THORChain, connecting its comprehensive ecosystem of DeFi applications with THORChain’s immense liquidity and cross-chain capabilities. This merger unlocks a powerful synergy, enabling projects to tap into THORChain’s liquidity, native token swaps, and interoperability while offering a seamless, user-friendly experience for DeFi users.
RUJI will serve as the fee-switch token for the THORChain App Layer, enabling stakers to capture the revenue generated by applications that join the Rujira Alliance, after accounting for the portion shared with THORChain Base Layer to cover security costs.
The standard revenue split between core applications and the Base Layer is 50/50. However, any economic activity that already contributes value to the Base Layer, such as applications built on top of the Rujira primitives, will not be required to pay for security twice.
Find the recording of the live spaces on X where JPTHOR outlines how Kujira becomes Rujira: