1️⃣ Vault Administrators: Control Vault management, can be a person or a multisig contingent on governance.
2️⃣ Strategist: Create the pool strategy (exposure).
3️⃣ Liquidity Providers: Provide liquidity to vaults LPs.
7/ Vaults are already big on Ethereum with @iearnfinance.
But Quasar is taking things up a notch by offering:
- Yield across the Interchain
- Self-custody of assets
- Full control over strategy parameters
8/ How does it work?
In a similar way to how @osmosiszone pools operate. Through the magic of @CosmWasm, Quasar users will be able to deposit liquidity into specific strategies.
Each vault will have a different yield aggregation strategy customized by the vault's creators.
9/ @QuasarFi Vaults are great, they allow for an easy onramp solution while injecting a social aspect to the customization.
Launching as an appchain provides even more customization and sovereignty to develop more optimal strategies.
Allowing users to create strategies with the $OSMO token.
💡Some potential use cases
- Re-staking/re-delegation of rewards
- Automated staking into various LPs
- Auto-compounding of LP rewards
- Automated LP rebalancing
12/ Ultimately, @QuasarFi Interchain Vaults will be the go-to DeFi interface for both individual users and institutional investors seeking to maximize their capital.
#Cosmos DeFi will grow exponentially, as more strategies, more "outposts" and more tokens are available.
13/ Quasar will be going live on March 23rd and feature @osmosiszone as the first asset in its vaults.
Can't wait to see what creative and innovative strategies you degens create! 😎