DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain’s app layer, backed by a new token.
Decentralized finance (DeFi) network Kujira and several of its major ecosystem projects have agreed to merge into a single entity called the “Rujira Alliance” to build a new application layer for cross-chain liquidity protocol THORChain.
The new application layer wouldn’t just be “another little project” but a new DeFi “behemoth” that could one-day rival Solana, THORChain founder John-Paul Thorbjornsen — who goes by the name “JP THOR” — claimed in a Sept. 10 X post.
Source: John-Paul Thorbjornsen
