Quasar Overview: milkTIA/TIA Dynamic S+ Vault
Introducing Quasar’s Most Popular Vault: milkTIA/TIA Dynamic S+
Shortly after launching milkTIA/TIA Dynamic S+ Vault, it has quickly become the most popular among Quasar users, boasting the highest number of depositors. This vault is the first to reward depositors with points as part of the MilkyWay points campaign, and it’s also the first external vault to offer QSR tokens as vault-based incentives. Previously, the Persistence team added $PSTAKE tokens as VBI, and Quasar Association introduced QSR Boost to our QSR/OSMO vault.
Let’s first understand what Concentrated Liquidity vaults are. The milkTIA/TIA Dynamic S+ Vault, along with all Quasar CL Vaults, is a non-custodial solution built on the Osmosis blockchain, utilizing the outpost architecture. These vaults offer effortless liquidity management. A standout feature of CL Vaults is their ability for position rebalancing, leveraging external data from Define Logic Labs (DLL). This facilitates an optimized liquidity strategy for passive management, enhancing yields by making the liquidity provided more effective. This represents a significant advantage for Quasar users over manual CL pool LPers.
Previously, we introduced three primary CL Vault strategies: Stable Plus (S+), Aggressive Plus (A+), and Moderate Plus (M+). Notably, milkTIA/TIA is categorized under the Stable Plus (S+) strategy, which focuses on maintaining a stable delta between two assets.
Getting Started with the Vault
By following the instructions below, users can prepare milkTIA and TIA in their Osmosis wallets for seamless participation in Quasar’s Concentrated Liquidity Vaults.
Acquiring TIA
- Centralized Exchanges (CEX): Users can buy TIA from any supported Centralized Exchange. Following this, they can move to the subsequent step.
1.1 Deposit to Celestia and then to Osmosis: Securing TIA from a CEX to Celestia chain then allows for its deposit into Osmosis. Go to https://app.osmosis.zone/assets/TIA and hit the deposit button.
2. Purchase directly on Osmosis DEX: The easiest way is to purchase TIA directly on the Osmosis Decentralized Exchange. It might be just faster and more convenient for you to send over some of whatever spare tokens that you have that are supported by Osmosis and exchange them for TIA on https://app.osmosis.zone/.
Acquiring milkTIA
- Purchasing on Osmosis DEX: milkTIA is readily purchasable on the Osmosis Decentralized Exchange, eliminating the need for minting.
- Minting via Native MilkyWay Interface: Additionally, users can mint milkTIA through the MilkyWay interface by liquid staking their TIA. After minting there’s no need to bridge milkTIA anywhere as MilkyWay is deployed on the Osmosis chain. You can liquid stake your TIA on Osmosis and/or Celestia for milkTIA.
Deposit to milkTIA/TIA Dynamic S+ Vault
Congratulations, you’ve reached the most thrilling section – how to deposit into the Quasar milkTIA/TIA Dynamic S+ Vault? It’s straightforward and simple!
- Visit Quasar milkTIA/TIA vault.
- Connect your wallet. We support Keplr, Leap, Metamask, WalletConnect, and Cosmostation wallets.
- Hit the deposit button. Given the vault’s dynamic nature, the required ratio of milkTIA to TIA changes, so the deposit amounts vary.
4. Confirm the transaction. Relax, and let the vault manage your position for optimal results.
If you require additional info or support welcome to find us on Twitter, Telegram, & Discord.
What is MilkyWay?
MilkyWay offers a liquid staking solution for the Celestia ecosystem, it will initially be deployed and operated on Osmosis. The long-term plan is to migrate to Celestia’s rollkit for native milkTIA issuance. When users liquid stake their TIA coins with MilkyWay, they receive an on-chain representation of their TIA staking position, known as milkTIA. This empowers Celestia token holders to access liquidity for their staked assets, enabling trading or their use as collateral in various DeFi products.
Liquid staked TIA automatically compounds staking rewards, and users can withdraw their TIA to receive their native tokens and accrued staking rewards.
Read Introducing MilkyWay blog to learn more about MilkyWay.
Follow MillkyWay on Socials to keep up to date with the latest news:
