The journey of Quasar’s Concentrated Liquidity (CL) Vaults has been dynamic, marked by key milestones and community-driven solutions. It all began by introducing the axlUSDC/USDT Vault, which set the stage for what would come.
Following this initial launch, Quasar introduced seven more vaults, expanding the options available to our community. Notably, the native stablecoin vault (USDC/USDT Dynamic S+) emerged as a pivotal addition, attracting significant attention and participation.
The response was remarkable, with a surge in Total Value Locked (TVL) that quickly reached an impressive $4.5M. This demonstrated the growing importance of CL Vaults within the Cosmos ecosystem.
However, challenges arose as a shortage of native USDT liquidity on Osmosis became apparent. In true Quasar fashion, together with our dedicated community, we rallied to address this issue, stabilizing the native stablecoin liquidity and ensuring low slippage swaps on Osmosis.
Now, with all CL Vaults well-balanced and the ecosystem thriving, we are thrilled to introduce the latest addition to our lineup: the stATOM/ATOM Dynamic S+ Vault. This is yet another important milestone on our path to enhancing the user experience and expanding opportunities. Continue reading our guide to learn more about the benefits and opportunities it brings to the Cosmos ecosystem.
Introducing the Latest Addition to Quasar’s CL Vaults: stATOM/ATOM Dynamic S+
First, let’s figure out the difference between Concentrated Liquidity Pools on Osmosis and Quasar Vaults.
stATOM/ATOM Dynamic S+ Vault and all other Quasar CL Vaults are non-custodial and built on the Osmosis chain using the outpost model. These vaults are the go-to solution for effortlessly managing liquidity shares. What makes CL Vaults truly special is their ability to autonomously rebalance positions using off-chain data from Define Logic Labs (DLL). These signals help optimize liquidity strategy, allowing for hands-off management while boosting yield by making provided liquidity more efficient. It’s a win-win for Cosmos ecosystem participants!
Earlier we introduced three distinct CL Vault strategy types: Stable Plus (S+), Aggressive Plus (A+), and Moderate Plus (M+). Notably, stATOM/ATOM falls under the Stable+ (S+) strategy category, emphasizing its commitment to maintaining an effectively consistent delta between two like pairs.
Let’s outline the steps to take part in this exciting opportunity. By following the steps below, users can ensure they have both stATOM and ATOM available in their Osmosis addresses, enabling them to participate seamlessly in Quasar’s Concentrated Liquidity Vaults.
Getting ATOM:
- Centralized Exchanges (CEX): Users can purchase ATOM on any supported Centralized Exchange (CEX). Once they have ATOM, they can proceed to the next step.
- Deposit to Cosmos Hub: After obtaining ATOM from a CEX, users can deposit it into the Cosmos Hub, which would serve as a bridge for transferring the asset to Osmosis.
- Purchase on Osmosis DEX: Users also have the option to buy ATOM directly on the Osmosis Decentralized Exchange (DEX). This provides a straightforward way to acquire ATOM for participation in the stATOM/ATOM Dynamic S+ Vault.
Getting stATOM:
- Purchasing on Osmosis DEX: You can purchase stATOM directly on the Osmosis Decentralized Exchange (DEX). This allows users to acquire stATOM without the need for minting and bridging.
- Minting through Native Stride Interface: Users can also mint stATOM using the native Stride interface. This involves liquid staking their ATOM and obtaining stATOM, which can then be sent to their Osmosis address.
Congrats, you got to the most exciting part now. How to deposit to Quasar stATOM/ATOM Dynamic S+? There are two options, and they both only take a few clicks!
Option 1. Deposit directly on Quasar.
1. Navigate to https://app.quasar.fi/vault/statom-atom-dynamic-s
2. Connect your wallet. We’re compatible with Keplr, Leap, and Cosmostation.
3. Click on the deposit button. Due to its Dynamic nature, the token ratio is constantly changing. So, the amount of stATOM and ATOM you’ll need to deposit will be different.
Remember, for this vault, both stATOM and ATOM residing on your Osmosis address are necessary for the deposit.
4. Confirm the transaction. That’s it! Now, relax, and let the vault ensure your position remains optimal.
Option 2. Deposit on Osmosis DEX.
- Head to https://app.osmosis.zone/pool/1136
- Click on “Create a position.”
3. Choose the left option.
4. Review and confirm your choice. That’s it! Now, relax, and let the vault ensure your position remains optimal.
Conclusion.
Osmosis concentrated liquidity pools, combined with Quasar’s stATOM vault, are instrumental in making liquid-staked ATOM a robust form of collateral across Cosmos DeFi. This infrastructure ensures seamless transitions between stATOM and ATOM, reducing slippage impact and providing users with the security and flexibility needed for efficient DeFi participation.
About Quasar
Quasar is building the primary asset management hub of the Cosmos ecosystem, representing the gateway to IBC-enabled yield opportunities. We’ve co-developed key IBC implementations such as interchain queries and pioneered IBC-enabled CosmWasm contracts for interchain vaults. We’ve recently launched our native token, QSR.
Quasar is striving to become the premier yield aggregator across all of IBC. We are a global team passionate about improving the Cosmos UX by pushing forward IBC technology while abstracting away its unwieldy technical details for users.
