🧑🏫 Kujira Academy
Here we guide and inform our users about the ins and outs of blockchain technology
Welcome to Kujira Academy, where our goal is to make blockchain technology accessible to everyone. We understand that navigating the world of decentralized finance (DeFi) can be overwhelming, which is why we've created Kujira Academy as a resource for learning about all things DeFi.
Whether you're just starting out with blockchain or are an experienced user looking to delve deeper into DeFi concepts, Kujira Academy has something for you. Our comprehensive guide covers the ins and outs of blockchain technology, helping you make the most of everything Kujira has to offer.
What is a Private Key?
Private keys are the keys that give you access to your cryptocurrency wallet. In this guide by Ledger, you can learn about the difference between private and public keys, and how to keep your private keys safe.
What is a Smart Contract Security Audit?
A smart contract security audit is a process where the code behind smart contracts is scrutinized by a professional third party to provide an additional layer of security. Binance Academy's guide covers what a smart contract security audit is and why it is important.
General Security Principles
Security is an important aspect of the cryptocurrency world, as there have been many instances of major exploits. Binance Academy's guide covers general principles for maintaining security in the world of crypto.
5 Common Crypto Scams and How to Avoid Them
There are many scams that target cryptocurrency users, including giveaway scams, phishing attacks, and more. Binance Academy's guide covers some of the most common crypto scams and how to protect yourself from them.
How to Secure Your Crypto
"Not your keys, not your crypto" is a well-known phrase in the crypto community, but there are many other ways to keep your crypto assets safe. Binance Academy's guide covers various methods for securing your cryptocurrency.
What are Cookies?
Cookies are small pieces of data that are stored by your web browser. In this article, Binance Academy covers what cookies are used for and the potential risks associated with them.
How to spot scams in DeFi
As the total value locked (TVL) in decentralized finance (DeFi) increases, so does the incentive for scammers to target DeFi users. Binance Academy's guide covers some red flags to watch out for when investing in DeFi to help you protect yourself from scams.
How to Stay Safe on Discord
Discord is a popular communication platform for the crypto community, but it is important to stay safe while using it. Ledger Academy's guide covers some best practices for staying safe on Discord, including how to protect yourself from phishing attacks and scams.
What are Rug Pulls?
A rug pull is a type of exit scam where a project's creators suddenly withdraw all of the funds from the project, leaving investors with nothing. Ledger Academy's guide covers what rug pulls are and how to protect yourself from them.
In this section, you will find six examples of common scams in the cryptocurrency world and how to best avoid them. Please note that this is not an exhaustive list, and as a participant in the crypto market, you may encounter other types of scams.
Imposter scams occur when scammers pretend to be a legitimate entity, such as a well-known cryptocurrency exchange or a celebrity, in order to trick you into sending them money or personal information. Kraken's guide covers how to identify and avoid imposter scams.
Phishing scams are attempts by scammers to trick you into giving them your personal information or login credentials by pretending to be a legitimate entity, such as a bank or a cryptocurrency exchange. Kraken's guide covers how to recognize and avoid phishing scams.
Phone scams are attempts by scammers to trick you into giving them personal information or money over the phone. Kraken's guide covers how to recognize and avoid phone scams.
Crypto Giveaway Scams
Crypto giveaway scams are attempts by scammers to trick you into sending them money or personal information by claiming to be giving away free cryptocurrency. Kraken's guide covers how to recognize and avoid crypto giveaway scams.
Different Investment Scams
There are many different types of investment scams in the crypto world, including Ponzi schemes, pyramid schemes, and more. Kraken's guide covers how to recognize and avoid different types of investment scams.
Computer Malware Scams
Computer malware scams are attempts by scammers to trick you into installing malware on your computer, which can be used to steal your personal information or login credentials. Kraken's guide covers how to recognize and avoid computer malware scams.
This section covers a variety of topics that are essential for anyone new to the world of cryptocurrency. From setting up a wallet to understanding the basics of blockchain technology, these articles provide a solid foundation for further learning.
Setting up a Keplr Wallet
To access and use decentralized applications (dApps) on the Kujira blockchain, you will either need a Keplr wallet or a Sonar wallet. This guide provides a simple step-by-step process for setting up a new Keplr account.
APY vs APR: What's the Difference?
Annual percentage yield (APY) and annual percentage rate (APR) are two acronyms that are often used interchangeably in the world of cryptocurrency, but they actually refer to different things. Binance Academy's guide explains the difference between the two and their significance.
What is an Initial DEX Offering (IDO)?
As the Kujira blockchain grows, more projects with their own tokens may look to build and deploy on the platform. An initial DEX offering (IDO) is a simple and cost-effective way for these protocols to distribute their tokens to early investors. Binance Academy's guide covers the pros and cons of this model and how it works.
What is Tether (USDT)?
Tether is the largest stablecoin by market capitalization, but how does it work and maintain its peg to the US dollar? Binance Academy's guide explains the basics of Tether and how it functions.
What is a Decentralized Exchange (DEX)?
FIN is a decentralized exchange that uses an off-chain orderbook-style model, but what does this mean? Binance Academy's guide covers the basics of decentralized exchanges (DEXs) and the different types you may encounter in the crypto world. The Kujira team has also provided comparisons of FIN's model to its competitors.
What is a Stablecoin?
USK is Kujira's native stablecoin, but what is a stablecoin and how do they work? Binance Academy's guide provides an introduction to stablecoins and their potential pros and cons.
What is a Crypto Wallet?
There are many different types of cryptocurrency wallets available, each with its own advantages and disadvantages. Binance Academy's guide covers the different types of crypto wallets and helps you understand which one might be best for you.
What is Cryptocurrency?
This article provides a comprehensive introduction to the world of cryptocurrency, covering the basics of blockchain technology and how it is used in various applications. If you're new to the crypto space, this is a great place to start learning.
What are Nodes?
Nodes are an important part of a blockchain's infrastructure, providing support and security to the network. Binance Academy's guide explains what nodes are, how they work, and their role in the crypto space.
What are Decentralized Applications (dApps)?
Blockchains have evolved to host a wide variety of decentralized applications (dApps) with different functions and complexities. Binance Academy's guide explains what dApps are, how they work, and some popular use cases for them.
Dollar Cost Averaging (DCA) Explained
Dollar cost averaging (DCA) is a popular investment strategy that involves buying a fixed amount of an asset at regular intervals, rather than buying all at once. Binance Academy's guide explains what DCA is, how it works, and its potential benefits and drawbacks. With a DCA strategy coming to Kujira via CALC Finance, it is important to understand this concept and evaluate its usefulness.
What is Staking?
Staking is a process that supports the security and operations of the Kujira blockchain. By staking KUJI, you can earn yield-bearing rewards. This article explains why staking is important in a decentralized network and how it works.
What are Smart Contracts?
Smart contracts are pieces of code that run on a blockchain and allow addresses to interact with each other. This article provides an introduction to smart contracts, specifically those that run on the Ethereum Virtual Machine (EVM).
What is Proof of Stake?
Proof of Stake (PoS) is a consensus mechanism used by some blockchains, including Kujira. This article explains what PoS is and how it works.
What is Proof of Work?
Proof of Work (PoW) is a consensus mechanism used by some blockchains, including Bitcoin. This article provides an introduction to PoW and how it works.
Crypto Market Capitalization Explained
Market capitalization, or "market cap," is a term used to describe the current market value of an asset. In the crypto world, it is often used to assess the value of a cryptocurrency. However, Binance Academy's guide explains that market cap can be a misleading metric, and the diluted market cap may be a more accurate reflection of an asset's value.
Migration to Kujira Mainnet
If you held KUJI tokens on Terra Classic and held them prior to the snapshot (May 13th), you can migrate them to the Kujira blockchain by following the guide provided in this article.
Trading on FIN
This article provides a guide to trading on FIN, a decentralized exchange on the Kujira blockchain. It covers the basics of the user interface and how to place trades to ensure a smooth trading experience.
What’s the Difference Between Maximum, Circulating and Total Supply?
This article explains the differences between three metrics used to describe the supply of a crypto asset: maximum supply, circulating supply, and total supply. Understanding these metrics can be useful in determining the value of an asset.
What is Decentralized Finance (DeFi)?
What is DeFi? - In this article, you can learn about decentralized finance (DeFi) and see examples of its use cases and benefits. As the Kujira ecosystem grows, it is important to understand how DeFi works on the network.
What is a Blockchain Bridge?
What's a blockchain bridge? - Blockchain bridges allow different blockchains within the cryptocurrency space to communicate and transfer assets between them. Interoperability is crucial in DeFi, so it is important to understand how bridges work and why they are necessary.
What is Crypto Lending?
What is crypto lending? - Crypto lending is a key aspect of DeFi, with the total value locked in money markets booming as a result. This article explains what crypto lending is, why people participate in it, and how to stay safe while doing so.
DeFi Liquidations Explained
DeFi liquidations explained - Liquidations play a crucial role in keeping money markets solvent in the DeFi space. This article provides an overview of liquidations and how to avoid being liquidated yourself.
What are Perpetual Futures Contracts?
What are perpetual futures contracts? - Perpetual futures contracts allow users to leverage trade with more capital than they own, with no expiration date. While this can increase profits, it also amplifies losses.
Blockchain Oracles Explained
Blockchain oracles explained - Accurate price oracles are essential for liquidations and margin trading to function properly in DeFi. This article explains the use cases for oracles and how they work.
Impermanent Loss (IL) Explained
Impermanent loss explained - While BOW uses a liquidity provision mechanism with much smaller impermanent loss (IL) than traditional DeFi protocols, it is beneficial to understand the risk of IL that can result from yield farming and liquidity pools.
Tendermint explained - The Kujira network is built on top of the Tendermint consensus mechanism, which underlies the Cosmos ecosystem. It is important to understand how Tendermint works and its role in the Cosmos/IBC ecosystem.
What are Makers and Takers Explained
What are makers and takers? - On the Kujira network, makers and takers pay different fees, with makers paying significantly less. This article explains the difference between makers and takers and why makers pay lower fees. In a cryptocurrency exchange or trading platform, a maker is a trader who places a limit order on the order book, while a taker is a trader who places a market order or takes an order from the order book. Makers typically pay lower fees because they add liquidity to the order book, while takers remove liquidity from the order book. It is important to understand the difference between makers and takers, as well as the fees associated with each, in order to make informed trading decisions.
Liquidity explained - An asset is liquid if it can be bought or sold easily and quickly without affecting its price. Liquidity is an important measure of the health of a market and can impact trading fees, execution speed, and price stability. This article explains liquidity in more detail and why it is important in the cryptocurrency market.
How is Cryptocurrency Taxed?
How is cryptocurrency taxed? - Taxation in the cryptocurrency space can be extremely complex, but it is important to understand how it works and the risks of ignoring it. This article explains how cryptocurrency is taxed and how it is paid.
What is Tokenomics and Why Does it Matter?
What is tokenomics and why does it matter? - Tokenomics, or token economics, refers to the variables that impact a token's use and value. Understanding these elements is crucial for evaluating the potential value of a token. This article explains tokenomics in more detail and why it matters.
What is a Layer 1 in Blockchain?
What is a Layer 1 in Blockchain? - The Kujira network is a new Layer 1 blockchain built on the Cosmos network. A Layer 1 blockchain processes and finalizes transactions on its own blockchain and can be built upon to provide additional infrastructure (Layer 2). This article explains what Layer 1 blockchains are, some issues with scalability, and provides examples of current Layer 1 blockchains in the cryptocurrency space.
What is a Trading Journal and How to Use One
What is a trading journal and how to use one? - Keeping a trading journal is an important part of the trading process. It helps you stay accountable, disciplined, and provides documentation that can be used to learn from mistakes and identify winning habits. This article explains how to create and maintain a trading journal.
What is Scalp Trading in Crypto?
What is scalp trading in crypto? - Scalp trading involves making many trades in quick succession, often on short time frames, in an effort to profit from small price movements. This article explains scalp trading in more detail and provides examples of scalping methods.
Beginners Guide to Swing Trading in Crypto
Beginner's guide to swing trading in crypto - Swing trading involves focusing on short- to mid-term price movements and has a more relaxed trading style compared to scalp trading. This article provides a beginner's guide to swing trading in cryptocurrency and can help you decide which trading style is right for you.
What is Fundamental Analysis?
What is Fundamental Analysis? - Fundamental analysis is a method of evaluating the intrinsic value of an asset by analyzing its underlying economic and financial factors. This article explains fundamental analysis in more detail and how it can be used in trading.
Basics of Support and Resistance Explained
Basics of Support and Resistance explained - Support and resistance are key concepts in technical analysis that refer to price levels where an asset is likely to find buying or selling pressure. This article explains the basics of support and resistance and how they can be used in trading.
What is BTC Dominance?
What is BTC dominance? - BTC dominance is a measure of the relative size of the Bitcoin market compared to the rest of the cryptocurrency market. This article explains BTC dominance in more detail and how it can be used in trading.
How to Calculate Position Size in Trading
How to calculate position size in trading - Proper position sizing is an important part of risk management in trading. This article explains how to calculate position size in trading and the factors to consider when determining your position size.
Beginner's Guide to Classical Chart Patterns
Beginner's guide to classical chart patterns - Chart patterns are a common technique used in technical analysis to identify trends and predict future price movements. This article provides a beginner's guide to classical chart patterns and how to use them in trading.
Beginner's Guide to Risk Management
Beginner's guide to Risk Management - Risk management is an essential part of trading and involves identifying, analyzing, and controlling the risks associated with trading. This article provides a beginner's guide to risk management and the steps you can take to manage risk in your trades.
What is Technical Analysis?
What is Technical Analysis? - Technical analysis is a method of evaluating the price and volume of an asset using charts and other technical indicators to predict future price movements. This article explains technical analysis in more detail and how it can be used in trading.
What are Stop Loss and Take-Profit Levels, and How to Calculate Them
What are Stop loss and take-profit levels, and how to calculate them - Stop loss and take-profit levels are important tools in risk management that allow you to set predetermined exit points for your trades. This article explains stop loss and take-profit levels in more detail and provides guidance on how to calculate them.
What is Leverage in Crypto Trading?
What is leverage in crypto trading? - Leverage allows traders to trade with more capital than they have available by borrowing funds. This can increase the potential profits of a trade, but also amplifies potential losses. This article explains leverage in more detail and the risks associated with using it in crypto trading.
What is Backtesting?
What is backtesting? - Backtesting is the process of testing a trading strategy using historical data to evaluate its performance. This article explains backtesting in more detail and how it can be used to improve trading performance.
How to Backtest a Trading Strategy?
How to backtest a trading strategy? - Backtesting is a useful tool for evaluating the performance of a trading strategy using historical data. This article explains the steps involved in backtesting a trading strategy.
What is Shorting in Financial Markets?
What is shorting in financial markets? - Short selling, or shorting, is a trading strategy that involves selling an asset that you do not own, with the expectation that the price will fall. This article explains shorting in more detail and the risks associated with it.
What is a Short Squeeze?
What is a short squeeze? - A short squeeze is a market phenomenon that occurs when the price of a token rises rapidly, forcing traders who are shorting the asset to buy it back at a higher price to cover their positions and avoid further losses. This article explains short squeezes in more detail and how they can affect traders.
Margin trading is a trading strategy that involves borrowing funds to trade with more capital than you have available. This can increase the potential profits of a trade, but also amplifies potential losses. This article explains margin trading in more detail and the risks associated with it.
What is MACD Indicator?
What is MACD indicator? - The Moving Average Convergence Divergence (MACD) indicator is a technical analysis tool that uses the relationship between two moving averages to identify trends and generate trading signals. This article explains the MACD indicator in more detail and how it can be used in trading.
What is Stochastic RSI?
What is stochastic RSI? - The Stochastic RSI is a technical indicator that combines the momentum of the Relative Strength Index (RSI) with the overbought and oversold levels of the Stochastic oscillator. This article explains the Stochastic RSI in more detail and how it can be used in trading.
What is RSI?
The Relative Strength Index (RSI) is a technical indicator that measures the strength of a token's price action. It is used to identify overbought and oversold conditions and generate trading signals. This article explains the RSI in more detail and how it can be used in trading.
What are Bollinger Bands?
What are Bollinger Bands? - Bollinger Bands are a technical analysis tool that uses moving averages and standard deviation to plot a band around a token's price action. They are used to identify overbought and oversold conditions and generate trading signals. This article explains Bollinger Bands in more detail and how they can be used in trading.
Order Book Explained for Beginners
Order Book Explained for Beginners - An order book is a record of buy and sell orders for a particular token or asset, organized by price level. This article explains order books in more detail and how they are used in trading.
Market Orders - A market order is an order to buy or sell a token at the best available price in the market. This article explains market orders in more detail and how they are used in trading.
Limit Orders - A limit order is an order to buy or sell a token at a specific price or better. This article explains limit orders in more detail and how they are used in trading.
Market vs Limit Order
Market vs Limit Order - Market orders and limit orders are two types of orders that can be placed in the markets. This article compares the differences between the two and when they should be used.
Bid-ask Spread and Slippage Explained
Bid-ask Spread and Slippage Explained - The bid-ask spread is the difference between the highest price that a buyer is willing to pay for an asset and the lowest price that a seller is willing to accept for the asset. Slippage is the difference between the expected price of a trade and the price at which the trade is actually executed. This article explains the bid-ask spread and slippage in more detail and how they can impact traders.
Depth of Market
Depth of Market - The depth of market (DOM) is a measure of the number of buy and sell orders for a particular token or asset at different price levels. It provides an indication of the liquidity of the market and the willingness of buyers and sellers to transact at different price levels.
Price Impact - Price impact is the effect that a trade has on the price of a token or asset. A trade with a large volume or size can have a significant price impact, especially in a thinly traded market.
As the Kujira ecosystem expands, we plan to publish additional articles and guides on various DeFi and payment concepts that are relevant to our platform. These resources will cover a wide range of topics, including strategies for maximizing the benefits of the Kujira ecosystem and key concepts related to investing in cryptocurrency and projects on our platform.