Quasar is a platform that enables decentralized digital asset management (DAM) in the DeFi space through the use of Vaults and Strategies. DAM is a newer concept that allows for strategic deployment of assets to achieve objectives such as yield generation, efficient asset appraisal, or risk optimization. Without DAM instruments in DeFi, individuals managing digital assets can be subjected to market risks and outcome sensitivity to volatile gas fees. DAM applications help aggregate individual actions into collective ones, amplifying the outcome of individual asset management. Quasar's Vaults and Strategies offer flexibility, scalability, and sovereignty for independent parties to make collective actions in DeFi. Vaults are composable multi-party smart contracts for aggregating digital assets, while Strategies are composable smart contracts with execution logic to carry out market strategies on the underlying assets of the Vaults. Read more...
Osmosis Chain: Osmosis is a decentralized exchange (DEX) built on top of the Cosmos blockchain ecosystem, designed for trading Cosmos-based tokens and other digital assets.
DeFi: DeFi, short for decentralized finance, refers to a blockchain-based financial system that operates without traditional financial intermediaries such as banks or brokerages, enabling users to transact and interact with financial products and services in a trustless and permissionless environment.
IBC: The Inter-Blockchain Communication (IBC) protocol is a standard for communication between independent blockchains, allowing for the exchange of digital assets and data across different blockchain networks.
Vault: In the context of DeFi, a Vault is a composable multi-party smart contract used to aggregate digital assets for strategic deployment. Vaults can be used to optimize yield generation, asset appraisal, or risk management in DeFi.