When will the Kujira (KUJI) coin be released?

The release of Kujira's KUJI token will follow a phased approach, beginning with the Pre-Launch Airdrop Program on June 9, 2023, and culminating in the protocol's launch and token listing in January 2024.

Dec 24, 2024 at 02:07 am

Key Points:

• Kujira's Pre Launch phase, Pre Launch Register
• Airdrop Phase 1, Airdrop Phase 2
• Pre-IDO Phase, IDO Phase
• Release and Launch Phase
• Token Distribution and Tokenomics
• FAQs

When Will the Kujira (KUJI) Coin Be Released?

Kujira is a decentralized reserve currency protocol that enables price-stable cross-chain stablecoins, interoperable money markets, and scalable decentralized finance (DeFi) applications. The KUJI coin is the native token of the Kujira protocol. The release of the KUJI coin will occur in several phases:

Pre-Launch Phase

• This phase involves registering for the Kujira Retroactive Airdrop Program to earn free KUJI tokens.

Pre-Launch Register

• Participants can register for the airdrop program at https://airdrop.kujira.app/.
• Users are required to complete tasks such as following Kujira on social media and holding other cryptocurrencies.
• The registration period ends on June 9, 2023.

Airdrop Phase 1

• The first airdrop phase is scheduled for June 23, 2023.
• Users who complete the required tasks during the Pre-Launch phase will receive their share of the airdropped KUJI tokens.
• The distribution ratio and token amount will be announced closer to the airdrop date.

Airdrop Phase 2

• The second airdrop phase is expected to take place in August 2023.
• This airdrop will be for users who have actively participated in the Kujira community and engaged with the protocol.
• The eligibility criteria and reward distribution for this airdrop will be disclosed later.

Pre-IDO Phase

• The Pre-IDO phase is tentatively scheduled for September 2023.
• This phase will involve a private token sale for a limited number of investors.
• The price and token allocation for the pre-IDO will be announced closer to the event.

IDO Phase

• The Initial DEX Offering (IDO) for the KUJI token will take place on a decentralized exchange platform.
• The date and platform for the IDO will be announced later.
• The IDO will offer a wider opportunity for the public to purchase KUJI tokens.

Release and Launch Phase

• The official release and launch of the Kujira protocol and the KUJI token are expected to occur in January 2024.
• The KUJI token will be listed on various cryptocurrency exchanges and trading platforms.
• The protocol will go live, enabling users to mint stablecoins, participate in money markets, and utilize DeFi applications.

Token Distribution and Tokenomics

The total supply of KUJI tokens is 500,000,000. The token distribution is as follows:

• 25% Community and Ecosystem Fund
• 20% Airdrop and Retroactive Rewards
• 15% Treasury and Protocol Operations
• 15% Team and Early Contributors
• 10% Strategic Reserve
• 10% Public Markets and Advisors
• 5% Pre-IDO and IDO

FAQs

• What is the purpose of the Kujira protocol?

  The Kujira protocol aims to create a stable and efficient ecosystem for DeFi operations. It introduces a decentralized reserve currency, interoperable money markets, and scalable DeFi applications.

• When can I register for the airdrop?

  Registration for the airdrop program is open now and ends on June 9, 2023.

• How do I participate in the airdrop?

  To participate, visit the Kujira airdrop website and complete the required tasks.

• When will the KUJI token be available to the public?

  The KUJI token will be available through the Pre-IDO in September 2023 and the IDO in the following months.

• Where can I purchase KUJI tokens?

  Once released, the KUJI token will be available on various cryptocurrency exchanges and trading platforms.