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🧑🏫 🧑🏫 Kujira Academy

Here we guide and inform our users about the ins and outs of blockchain technology
We want to make Kujira accessible to everyone. After we bring people into our fold, we want to allow them to keep learning so that they can make the most of decentralized finance and everything else Kujira has to offer. Kujira Academy is a space for people to inform themselves about many useful DeFi concepts that can help them make the most of everything Kujira has to offer.

Security

Private keys - no, not the ones to your naughty feet pics, the ones that give you access to your crypto wallet. In this guide by Ledger, you’ll learn what a private key is, the difference between private and public keys and how to keep them safe.
While these words may sound complicated, it is worth understanding the method that underpins cybersecurity. Security audits provide an extra layer of security, with the code behind smart contracts being scrutinised by a professional third party.
Unfortunately, cryptocurrency and scams appear to be synonymous with major exploits occurring frequently. This guide serves as an introduction to security in crypto and provides the mental framework necessary to keep yourself safe.
When Elon Musk himself is offering to giveaway 1BTC to you, perhaps take a minute to think about how ridiculous this is. Giveaway scams are rampant on all social media, but what are the other common scams in crypto? Read this guide to find out.
“Not your keys, not your crypto” is a well-known phrase in crypto, but there are many other ways in which you can secure the safety of your crypto assets. Read more below:
Who stole the cookie from the cookie jar? Your web browser did - find out what cookies are used for and the potential risks associated with them in this article.
As the TVL in DeFi soars, so does the incentive to scam users. In this article, Binance Academy goes through a few red flags that investors should be cautious of before investing.
Are you a boomer? Do you use Discord but have no idea what you’re doing? Do you believe “CZ” when he dms you to participate in an NFT drop? If you answer yes to any of these questions, read through this article on how to protect yourself while using Discord.
No, this isn’t a euphemism. Read on to find out what a rug pull is and how to protect yourself from them.

Crypto scams

In this section, you can find 6 examples of common scams in crypto and how to best avoid them. This is not an exhaustive list but as a crypto market participant, you will likely experience at least one of the examples provided.

Basics

For now, a Keplr wallet is required to access and use dApps on the Kujira blockchain. See here for a simple guide on setting up a Keplr wallet.
The two appear to be used interchangeably in crypto, yet they mean completely different things! To dispel any misconceptions, this article will contrast the two acronyms and explain their significance.
As Kujira grows, more projects with their own token will look to build and deploy on our blockchain. An IDO is a cheap and simple way for these protocols to distribute their token to early investors and may be used in the future. It is therefore worth understanding the pros and cons of this model by reading this article.
Tether is the largest stablecoin by market capitalization, but how does it work and maintain its peg? Read through this article to learn more.
FIN is a Decentralized 100% off-chain Orderbook-style exchange, but what does this mean? This article takes you through what a DEX is and the different types you may find in Crypto. Team Kujira has also provided comparisons of FIN’s model to its competitors which you can read here.
With a DCA strategy coming to Kujira via CALC Finance, it is important to understand what it is and evaluate its usefulness. Read through this article to prepare yourself for CALC’s inevitable launch!
USK is Kujira’s native stablecoin, but what is a stablecoin and how do they work? This article will serve as an introduction to stablecoins and their potential pros/cons, with a more detailed article on USK to follow.
With so many different crypto wallets in existence, which wallet should you use? Reading this article will guide you through the different types of crypto wallets, and their advantages, to aid your understanding in choosing which to use. At least you can’t leave this wallet on the train!
A question often asked by your auntie at a family gathering, what is cryptocurrency? This article is much longer than the others listed here, yet it is perfect for new market participants that need an introduction to this space. To get up-to-scratch on all things crypto-related, give this article a read!
Besides sounding like a bacterial disease, nodes support and provide security to all blockchains. Therefore, they are incredibly important to a blockchain's infrastructure and it is worth appreciating their role in the space.
Blockchains have evolved to host a huge array of different dApps with varying complexity and functions. To learn what dApps are, how they work and some popular use-cases, click below and read on!
Even better than sirloin, staking supports the security and operations of the Kujira Blockchain. Staking KUJI can earn you a variety of yield-bearing rewards, but why should you stake? This article will aid you in your understanding of what makes staking so important in a decentralized network.
Put simply, smart contracts are a piece of code running on a blockchain that allows addresses to interact with each other. Although this article focuses on EVM (Ethereum Virtual Machine) smart contracts, all dApps in crypto work through the use of smart contracts. And no, there aren’t any dumb contracts.
Since the advent of Ethereum in 2015, many other PoS blockchains have come to fruition. In fact, the Kujira blockchain works through the Proof-of-Stake consensus mechanism, but what is it and how does it work? PS: When your Mom asks you to take the steak out of the freezer you better send her Proof of Stake…
Now that you understand how Proof of Stake works, here is an introduction to the consensus mechanism that precedes PoS, Proof of Work.
You may have heard the term “ Market Cap” mentioned before in both the crypto and TradFi world. It refers to the current market value of an asset, but as you read the article it will become clear this can be a misleading metric, with the diluted market cap perhaps being more accurate. Oh, and we may have some Kujira Caps coming soon ;)
If you still have KUJI tokens on Terra Classic and held them pre-snapshot (May 13th), you can migrate them to the Kujira blockchain by following the guide here.
This article will guide you through your first steps on FIN, understanding the UI, and how to place trades to prepare you for a smooth trading experience.
These 3 metrics can be extremely useful in determining the value of an asset, but which should you use? Read this article to find out what each metric describes to come to a conclusion yourself.

Intermediate

In this article, you can see examples of DeFi use-cases and their benefits. As the Kujira ecosystem grows, so too will the DeFi on the network so it is worth understanding how it works.
Blockchain bridges connect different blockchains within crypto, allowing communication and the transfer of assets between them. With interoperability of paramount importance in DeFi, it is essential to appreciate how bridges work and why we need them.
Crypto lending is an essential component of DeFi, with the TVL of money markets booming as a result. But what is crypto lending, why do users participate and how can you stay safe while taking part?
The crème de la crème of Kujira. ORCA deals with the liquidations of bad loans, keeping money markets solvent. For a recap on what liquidations are, and how to avoid being liquidated yourself, this article will assist you.
Now I won’t lie, this article is one of the trickiest to understand of this list and may take a few reads to wrap your head around it. Perpetual futures allow users to leverage trade with more capital than they own, with no contract expiry date. Although this method increases your profits, it also exacerbates any losses. It is therefore wise to read this article before participating.
An accurate blockchain price oracle is essential for liquidations and margin trading to run smoothly on Kujira - if there is no accurate and verifiable price data, users may be wrongfully liquidated or limit orders filled at the wrong time. However, this is just one example of the use-cases oracles provide - for more examples and an explanation of how they work, read through this article.
Since Kujira does not use liquidity pools, users in the Kujira ecosystem will never experience impermanent loss as a result of yield farming. However, this gives us an opportunity to reinforce why the use of LPs and yield farming is a flawed model by providing an understanding of the major risk.
The Kujira network is built on top of the Tendermint consensus mechanism that underpins all of Cosmos. Without the giant that is Tendermint, none of the Cosmos/IBC ecosystems would exist - an appreciation of how it works is greatly recommended.
On Kujira, makers and takers pay different fees, with makers paying far less. To understand what the difference is between the two, and why makers pay less in fees, read this article.
What is liquidity and why is it important? Since liquidity is a good way to measure the health of a market, we recommend reading this article.
Tax in crypto is so unbelievably complicated that it may seem easier to just forget about it. Yet I can assure you, the tax man is out to get you… Learn more about how crypto is taxed, how it is paid and the risks of ignoring it all together.
Poor tokenomics can turn the best builders in the space into an investor's nightmare. The term is coined from the words “Token Economics” and broadly describes a range of variables that impact a token’s use and value. To learn how these elements contribute to an assets value, read this article.
Kujira is a new Layer 1 blockchain built on the Cosmos network. Put simply, a layer 1 processes and finalizes transactions on its own blockchain and can be built upon to provide another layer of infrastructure - layer 2. This article will take you through what layer 1s are, some issues with scalability and finally some examples present currently in crypto.

Trading

Keeping a trading journal is essential to progress as a trader. It keeps you accountable, disciplined, and provides the documentation required to learn from mistakes and recognize winning habits. Read more on how to create and sustain one here.
Find yourself staring at the 1-minute chart like an adrenaline junkie? Scalp trading might be for you! Learn how it works, and a few examples of scalping methods in this article.
Swing trading focuses more on short-mid timeframe price movements, resulting in a more relaxed trading style. This vastly contrasts the techniques taught in the scalp trading article, so an understanding of both methods is useful for beginners to decide on their favored trading style.
What are Stop loss and take-profit levels, and how to calculate them: https://academy.binance.com/en/articles/what-are-stop-loss-and-take-profit-levels-and-how-to-calculate-them

Backtesting

As a computer nerd with bad posture, I could really do with some backtesting… But what is backtesting in trading and how can you use it to improve your performance?

Shorting

Finally, being short can be a good thing! Shorting is a method of selling an asset in the hopes that you can buy it back cheaper to profit off an asset’s decline. Find out how it works and the potential risks associated with it here.
This indicator will literally beep when close to your nearest MacDonalds. Ok seriously, MACD uses moving averages that converge/diverge to produce trading signals. Learn more about how they work and how to use them in this guide.

Orderbook

What's Next?

With time we will add a breakdown of lessons about different DeFi + payment concepts that are relevant to the Kujira ecosystem. Some of these may walk you through nifty strategies you can exercise to leverage the most out of the Kujira ecosystem. Others may focus on communicating important concepts that allow you to make the most out of investing in crypto and in projects on Kujira.