Barcelona, Spain, July 28, 2022 (GLOBE NEWSWIRE)-Major blockchain venture funds are contributing to the development of the Cosmos-based project Quasar Finance, which brings transparency, accessibility and usage to DeFi. ..
Quasar Finance We have raised $ 6 million from a variety of leading investment firms, including Polychain Capital, Blockchain Capital, Figment Capital, Light Shift Capital and Galileo.
Both companies support Quasar Finance’s vision of creating a range of structured investment products accessible within the DeFi ecosystem that investors and liquidity providers can benefit from as well.
CEO and co-founder Valentin Pletnev and his global team’s top priority is digital assets while leveraging the Cosmos platform’s Inter Blockchain Communication (IBC) protocol, a powerful technology that connects and enables value and data. Is to keep your management simple, accessible, and secure. Transfer natively between chains.
“Quasar uses the latest IBC technology to offer DeFi’s most advanced and accessible structured investment products.”
“That’s why we bring Quasar Finance to market and why we get support from some of the biggest investors in web3.”
With Quasar, investors can create vaults that can park their assets and receive yields, while strategists and liquidity providers can develop and launch their own vaults.
What investors are saying
Polychain Ben Perszyk: “Quasar abstracts some of the complexity associated with earning loan yields, providing liquidity to AMM pools, or building a delta-neutral strategy, and brings these features to a friendly and user-friendly front desk. Hidden behind the end. Quasar deploys its own application-specific IBC chain to provide end users with a powerful new suite of DeFi tools and position itself as the liquidity hub of the ever-expanding Cosmos DeFi ecosystem. It has been established. “
Aleks Larsen of Blockchain Capital: “Valentin is a very talented founder and we are pleased to help him and his team building the easiest way to earn yields on IBC-enabled blockchains.”
Lightshift Capital’s Simao Cruz: “The Valentin and Quasar team are leveraging cutting-edge blockchain technology to create one central location for asset management. Quasar solves liquidity issues on the chain. And we allow anyone to create new money, improve their strategies, and take advantage of opportunities, regardless of where liquidity is. “
About Quasar Finance
Quasar Finance makes digital asset management simple, accessible and secure. We have carefully designed a platform that makes it easy to create and participate in Vault-independent asset containers with IBC technology that enables you to gain value between chains in the Cosmos ecosystem and beyond.
Quasar is democratizing DeFi by making it fair, simple and transparent. Quasar’s platform and vaults make it easier for traders to invest in DeFi, while lowering the barriers for strategists to enter vaulting. Click here for details- www.quasar.fi..
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