Kunji Finance Chronicles Recap (Episode 1)

Mimik Finance
4 min readJan 16, 2024

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Hello everyone, we hosted the very first episode of Kunji Finance Chronicles yesterday on Twitter. In our inaugural event, we took a deep dive into the evolving landscape of decentralized finance with Kunji Finance. Hosted by Sangam, the session provided insights into our journey, achievements, and the exciting roadmap ahead for 2024.

You can tune in to the episode here: https://x.com/kunjitweets/status/1746863501753336209?s=20

Let us dive in.

Highlights of January 2024

  1. User Growth: In the very first week of 2024, we achieved over 5,000 active users on our platform. Kunji Finance is now live on Dune Analytics, where you can track vital on-chain metrics.
  2. Arbitrum Foundation Grant Program: We received a grant from the Arbitrum Foundation under their prestigious Arbitrum Foundation Grant Program. This grant isn’t just funding; it’s a testament to the potential and innovation that Kunji Finance brings to the table. It will significantly bolster our mission to revolutionize decentralized finance with our unique portfolio copying and DEX trading features. Learn more: https://medium.com/@Kunjifinance/kunji-finance-receives-grant-from-arbitrum-foundation-e023eb7efdda
  3. Chainlink BUILD Program: Kunji Finance is now a proud member of the Chainlink BUILD program. Through this collaboration with Chainlink, we’re set to turbocharge our ecosystem growth and adopt cutting-edge decentralized social trading practices. Imagine portfolio replication, but supercharged with Chainlink’s leading Oracle services. This partnership means more reliability, more security, and more possibilities for all our users. Learn more: https://medium.com/@Kunjifinance/decentralized-social-trading-project-kunji-finance-joins-chainlink-build-e370e71f2b17

Highlights of 2023 — Laying the Foundation

  1. Early Stages of Development: The journey of Kunji Finance began in January 2023. We progressed from an initial concept to the development of building a platform for seamless portfolio replication.
  2. Early Adopter Program: Our early adopter program concluded with a significant milestone, with 25,000 wallets minting our early adopter token, indicating strong community support. Learn more about it here.
  3. Strategic Partnerships: We forged partnerships and collaborations with major DeFi players like MUX Protocol, Kyberswap, and GMX, enhancing our platform’s capabilities along with OKX wallet, Sender Wallet, Router Protocol, and Spool.
  4. Beta Launch: Our beta version launched for whitelisted users, in August 2023 with an integration of GMX V1 and Uniswap. Learn more: https://medium.com/@Kunjifinance/kunji-finance-is-live-on-arbitrum-37f7a4ab885f?source=user_profile---------13----------------------------
  5. Token Listing: KNJ is our native token. We conducted our IDO on Poolz Finance and GameFi, leading to the listing of our KNJ token on Gate.io and Bitmart. KNJ is currently trading on Gate.io.
  6. Staking Program: We introduced a staking reward program for KNJ, delivering an APR of up to 130%, which concluded on December 25, 2023. Stake now: https://beta.kunji.finance/staking
  7. Public Beta: We made our beta public with multiple reward programs. Whitelisted early adopters receive their rewards monthly to their connected wallets. You can start copying the expert traders’ portfolio here: https://beta.kunji.finance/

We also introduced a new look to Kunji Finance homepage enhancing the user experience with multiple UI/UX improvements and bug fixes.

Looking Ahead — The 2024 Roadmap

  1. GMX V2 Integration: Scheduled for release in January, this upgrade will enhance trading efficiency with faster trades, a broader range of tokens, and multiple collateral types.
  2. Portfolio Tracking Features: We’re introducing real-time portfolio tracking with historical data visualization, offering a comprehensive view of the portfolio and the strategies available on the platform.
  3. Vertex Protocol Integration: Our upcoming integration with Vertex Protocol will expand our trading capabilities, including cross-chain transactions.
  4. Trader Functionality Enhancement: We’re enabling users to create and manage trading strategies, diversifying portfolio options based on risk appetite.
Roadmap

Q1 2024 Developments: Plans include KNJ listings on top DEXs, new
KNJ Liquidity Pools for enhanced liquidity, completion of our 3rd security audit, and integration with Option and RWA Protocols. Check out all our audit reports here: https://docs.kunji.finance/kunjifinance/audit-report

Q2 2024 and Beyond: We’re aiming for strategic expansions with leading Insurance Protocols, venturing into new markets, and further exchange listings tailored for institutional investors. The latter part of the year will focus on the release of Kunji Finance V2, our mobile app launch, on-ramp integration, and automated vaults.

Ongoing Campaigns

  1. Galxe Campaign: With a staggering 30,000 USDC reward pool, it is a major highlight for our community. Participants can points through deposits and referrals, and the rewards are distributed based on the points earned. A user can earn up to 102 USDC by participating in this campaign. You can check our community announcements or go to https://galxe.com/kunjifinance and complete the quest to earn rewards.
  2. Quest Program: It has received an overwhelming response since its relaunch. Members have been participating in a variety of quests, showcasing their skills and earning rewards along the way. We’ve introduced the Quest feature on our website, accompanied by a campaign with a 10,000 USDC reward pool. The specifics of this campaign are available on our Medium page, and updates are regularly announced in our Discord and Telegram channels. You can start participating in these quests at https://www.kunji.finance/quest.
  3. Zealy: We run short-term reward programs on Zealy. Explore here: https://zealy.io/c/kunjifinance.

We’ve laid a robust foundation in 2023 and are gearing up for an even more impactful 2024 with innovations, expansions, partnerships, and community programs. We thank our community for their unwavering support and invite everyone to join us on this exciting journey forward.

Kunji Finance is a decentralized platform empowering users to replicate expert traders’ portfolios across diverse assets. Users benefit from traders’ expertise in research, alpha generation, and risk management. With full control of funds, users can invest any amount and exit strategies at their convenience, embodying Kunji Finance’s commitment to seamless and secure decentralized trading.

Website | Twitter | Discord | Telegram | Gitbook | CMC | CoinGecko

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Mimik Finance

Mimik Finance is a decentralized social trading and portfolio management that allows users to mimic expert traders’ portfolios across EVM, BRC-20 & other chains