Quasar Finance Questnet Public Testnet
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Quasar is the only D.A.M appchain designed around IBC-enabled, permissionless, non-custodial, customizable vaults. Quasaris expanding the scope and accessibility of DeFi asset management. Soon, anyone will be able to create vaults and activate strategies capable of using automation to deploy assets across multiple blockchains. An automatically rebalancing index of the Cosmos ecosystem, capable of staking included assets, will be one of the earliest offerings.
IBC is what makes this all possible, allowing for protocol-native cross-chain transfers. Because it can be implemented on any chain (with minimal prereqs) without the need for a centralized third party, IBC is pushing the days of cross-chain bridges behind Quasar. IBC is playing a key role in driving DeFi closer to what it should be and is now expanding beyond Cosmos, coming to Polkadot & Near. Quasar emphasizes ease of use and promises to be one of the best entry points into the IBC experience.
Going Public With The Testnet
After months of privately testing its blockchain and working with some of the top Cosmos validators, the team is almost ready to open up Questnet to the public. This is a critical milestone for Quasar as it will mark the day that users around the globe will start to experience the magic of IBC-enabled vault investing. Quasar would love to have you join it for this important chapter before mainnet launch and try out the Questnet!
Since Quasar operates with its own dedicated blockchain, having a robust public testing network is key. Whether you’re a Cosmos native, DeFi veteran, crypto enthusiast, or simply a curious newcomer — you’re invited.
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Quasar Finance raises $5,432,100 USD to advance interchain DeFi, announces public testnet launch date and new website.
from 10 Feb 2023 06:00(UTC+3)
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