Quasar (QSR) Staking

About Quasar (QSR)

Quasar is an application-specific capital management blockchain within the Cosmos ecosystem, designed to revolutionize decentralized asset management through self-governed, vault-based investment strategies. By leveraging the Inter-Blockchain Communication (IBC) protocol, Quasar enables seamless interoperability across multiple blockchains, facilitating efficient and secure cross-chain transactions.

What Makes Quasar Special?

Quasar introduces several innovative features that distinguish it in the blockchain landscape:

• Vault-Based Investment Strategies: Quasar utilizes smart contract vaults to manage digital assets, offering a novel approach to capital management in the decentralized finance (DeFi) space.
• Interchain Compatibility: By leveraging the IBC protocol, Quasar enables interoperability across blockchains, breaking down silos in the DeFi space and positioning itself as a pioneer in interchain asset management.
• Layered Staked Assets (LSAs): Quasar introduces LSAs, uniting staking and DeFi yields into a single fungible asset. This innovation ensures competitive yields without the burden of constant active management, addressing the growing fragmentation in the DeFi space.
• Modularity and Scalability: Quasar's architecture is designed to be modular and scalable, allowing for flexible integration of components and facilitating the development of a robust DeFi ecosystem.
• Community and Professional Support: Quasar combines expert-driven strategies with community-powered initiatives, fostering a collaborative environment for the development and management of investment strategies.

Quasar Staking FAQ

How much can I make staking QSR?

The return from staking QSR varies based on the network's overall staking participation and specific validator commission

How do I receive my QSR rewards?

QSR rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards

When can I start earning rewards with QSR?

You can start earning staking rewards once your QSR tokens are successfully delegated to a validator

Can I sell QSR while it is locked up?

Staked QSR tokens cannot be sold, they need to be unstaked first. The unstaking period for QSR is 21 days

What are the risks around staking QSR?

Staking QSR comes with risks like slashing (penalty for the validator), price volatility, and liquidity risk (inability to sell during the lock-up period).

What consensus algorithm does QSR use?

Decentralized proof of stake

What are the tokenomics of QSR?

Read all about QSR tokenomics here