The DeFi project Kujira is set to build a new application layer for THORChain
The DeFi project Kujira has formed an alliance with its three "key ecosystem" partners Fusion, Unstake, and Wink to build a new application layer for the cross-chain liquidity protocol THORChain. The new application layer is driven by a new token called RUJI. John-Paul Thorbjornsen, the founder of THORChain, stated that THORChain has "solved" the problem of Maximum Extractable Value (MEV), "dividing income into consensus and liquidity", which means there is no MEV on THORChain. He claims this provides a "better" user experience.
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