Rujira Aims to Simplify Access to Decentralized Finance with Native Digital Assets
Rujira is an open-source application layer built on THORChain that aims to create a fair and transparent financial system using native digital assets. The platform provides a connected suite of decentralized financial products, allowing users to trade, lend, and earn across multiple blockchains, including Bitcoin, Ethereum, Solana, and XRP.
The platform is designed to simplify access to decentralized finance by solving fragmentation across chains, wallets, and products. It combines multiple services into a single interface where users can interact directly from their own wallets while maintaining full control over their assets.
Rujira operates using native assets through a model referred to as Secured Assets, which are 1:1 backed representations held within THORChain's decentralized vaults. This structure provides a more secure way to use assets like Bitcoin in decentralized finance.
The ecosystem is centered around RUJI Trade, an orderbook-based exchange where assets are priced and traded. Surrounding this core are multiple interconnected products that work together within the same system, including automated market making strategies, lending markets, and perpetual markets.
Rujira includes a system of automated strategies that abstract complexity and allow users to access different risk and return profiles without active management. The platform uses Enshrined Oracles to provide price data across markets, which are integrated at the protocol level.