⛩️Intro to Ninja Garden

Welcome to the garden; Revolutionising Social-Fi

Ninja Garden is a first of its kind Social-Fi DAPP that is built natively on Injective Protocol utilising Cosmwasm language features to craft the ultimate experience for users of our ecosystem.

We built Ninja Garden on Injective Protocol due to instant transaction finality, fast block times (resulting in unparalleled user experiences), as well as its mature POS setup, allowing us to build an unrivalled Social-Fi experience.

Ninja Garden is built to be wholly unique in that it combines the following features:

• A liquid-staking derivative (LSD) platform - Creates a LSD token called gINJ that is created through liquid staking of INJ through validators. Yields are auto-compounded back into the gINJ token to ensure optimal INJ staking profits for users. Based on current INJ staking rates, users can get over ~17% APY with gINJ. The best part? gINJ is fully liquid, allowing users to sell their gINJ for INJ without the 21 days unbonding time.

• A social DAPP - A token-gated (based on key purchases) application that allows key holders to talk to room owners and vice versa. At its core, Ninja Garden seeks to be the ultimate alpha hub for all things Injective in general. With project launchpools/launchpads in the future, there are many aspects for ninjas in Ninja Garden to discuss about. Our protocol token holders will be given access to key feature access in the future.

• A governance token; $KUNAI - $KUNAI will be airdropped & emitted to users of Ninja Garden based on their activity. Qualifying activities include:

  • Buying/selling of keys to enter the garden - Trading of keys generates trading volume for the protocol, which is important as it results in fees being generated for creators to incentivise content creation. We issue out $KUNAI tokens to traders based on our formula.

  • Holding of keys - When users opt to hold their keys instead of speculating, we reward such behavior as well. Due to our innovative liquid-staking feature that is combined with the key trading platform, liquid staking yields are generated which are rebated to users in the form of $KUNAI tokens.

  • Room TVL - Content creators, who are able to constantly generate quality content (resulting in users holding their keys), will be issued KUNAI tokens, where said KUNAI tokens are financially backed by the gINJ yields. Ultimately, this ensures that the KUNAI token is a token that is backed by increasing yields.

One could draw some parallels to existing Social-Fi apps that are already out in the market currently. However, a core distinction between Ninja Garden and other Social-Fi apps is in our ability to properly close the loop. It is important to not only encourage trading volume on the platform, it is equally important to promote holding of keys so that content creators are incentivised to produce quality content (instead of performing reckless stunts to encourage trading volume). Ultimately, we further sweeten the deal by allowing key holders and room owners to unite under the same umbrella - being a KUNAI holder. Being a KUNAI holder has huge benefits as outlined in The KUNAI token, and we hope that all room owners and key holders take joy in being a KUNAI holder.