What is Quasar?
Quasar is an L1 blockchain focused on decentralized asset management using smart contract vaults. It utilizes Tendermint for PoS consensus, Cosmos SDK for infrastructure, and CosmWasm for smart contracts.
What makes Quasar unique?
Quasar stands out by utilizing IBC's interchain accounts and queries for vaults, enabling users to access diversified positions in the IBC ecosystem with automation. It saves time and effort while offering customized strategies.
What's next for Quasar?
Next, Quasar is launching an ETF-like vault representing the IBC ecosystem. External strategists can create custom vaults, such as utilizing Osmosis AMM for increased capital efficiency and yield opportunities.
What can QSR be used for?
The QSR token serves for PoS consensus, transaction fees, and on-chain governance. Validators and delegators can stake QSR for rewards and voting. Future plans involve staking QSR for vault creation.
Overall, Quasar aims to be a platform where strategists, developers, and liquidity providers collaborate to build unique interchain asset management vehicles.
What is the highest value Quasar (QSR) has ever reached?
Quasar (QSR) reached its peak price at 0.2681 $ on 08 April 2024, approximately 2 years ago ago. Presently, the current price is -91.25% lower than this all-time high.
What is the historical minimum price for Quasar (QSR)?
The minimum price reached for Quasar (QSR) was 0.009973 $, documented on 07 September 2024, more than a year ago. In comparison, the current price is 134.98%, it above this historical low.
What is the fully diluted valuation of Quasar (QSR)?
The fully diluted valuation (FDV) of Quasar (QSR) stands at $ 15,22 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 QSR tokens. The realization of this FDV might take several years depending on the emission schedule of QSR tokens.