This is a signaling proposal to match external QSR incentives with the QSR/OSMO pool (#1060). Quasar incentives, amounting to 914,600 QSR over a 90-day period, were recently proposed in Quasar Proposal #5. This proposal seeks to authorize a match for this batch of incentives for the same duration (90 days).
Quasar is enhancing the Osmosis AMM by directing more liquidity to the platform by making LP provisioning into multiple Osmosis liquidity pools a two-click experience. This is made possible with our IBC-enabled vaults using ICQ and ICA modules. As we move forward, Quasar aims to provide more vaults with enhancements to the Osmosis experience (such as concentrated liquidity vaults) and enable anyone holding and staking QSR tokens to create their own vaults and strategies. As such, Quasar has the potential to be a key contributor in improving and personalizing the DeFi experience, particularly for the IBC-enabled ecosystem.
Quasar will continue to provide and maintain vaults for users, as they are an ideal tool and UX for most people, especially in the case of concentrated liquidity. We have been clear in value, incentive, and vision alignment with Osmosis since our inception and will continue to build upon Osmosis contracts to offer a unique and accessible UX to create new and optimized yield opportunities.
Quasar is building the primary asset management hub of the Cosmos ecosystem, representing the gateway to IBC-enabled yield opportunities. We have co-developed the official ICQ implementation and pioneered IBC-enabled CosmWasm contracts for Interchain Vaults. We run on our own L1 Cosmos appchain and recently launched our native token, QSR.
We are a global team passionate about improving the Cosmos UX by pushing forward IBC while abstracting away unwieldy technical details for users. We’re striving to become the premier yield aggregator across all of IBC.