Quasar Mainnet, SOLA-X and Sei Partnership, and Injective Mainnet Upgrade - Issue #39
Welcome to the latest issue of our Cosmos Network newsletter, where we bring you the latest news and updates from the Cosmos Ecosystem. Here are some of the top stories from the past few days
Today, we will be covering
Quasar Mainnet
SOLA-X and Sei Network Partnership
Injective Mainnet upgrade to v1.10
Quasar Mainnet
We are excited to bring you the latest news about Quasar, the cutting-edge DeFi appchain for digital asset management. Quasar offers customizable financial strategies that allow users to deploy their assets across a variety of independent blockchains. Liquidity providers on Quasar can access expert guidance and collective decision-making through dynamic vaults, which enable efficient capital deployment in a permissionless, transparent, and self-governed way.
The $QSR token is Quasar's native token, which is used for consensus-level security, and its value is supported by the Q-Treasury, a protocol-owned liquidity vault dedicated to the sustainable growth of $QSR's value.
Overall, Quasar is uniquely positioned to become the go-to decentralized asset management platform for the interchain ecosystem, serving individuals seeking a simple avenue into sophisticated strategies and the broader DeFi ecosystem seeking efficient access to liquidity dispersed across blockchains.
SOLA-X and Sei Partnership
Another exciting news! SOLA-X is partnering with SeiNetwork's advanced infrastructure (Sei being the first Layer 1 specialized for exchanges) to become an essential part of the cross-chain ecosystem of Solana and Cosmos. SOLA-X Vision is upgrading to become cross-chain compatible, which means it will be able to interact with multiple blockchain networks. They're doing this by deploying on Nitro, a Layer 2 protocol based on the Sei network.
and there are more, Two major advantages are; Nitro is compatible with Solana VM, which is a high-performance blockchain network, and Nitro can interact with all Cosmos IBC assets. By using this technology, SOLA-X Vision will be able to implement a decentralized order book and increase liquidity, which will ultimately benefit their users.
Injective Mainnet upgrade to v1.10
The Injective Mainnet upgrade is now live and has successfully upgraded to version 1.10. This upgrade for Injective exchange dApps includes improvements such as better fund aggregation and tracking, an optional fee recipient field, smart contract support for the Oracle module, and higher requirements for new validators.
Price Update (March 20, 12:00 UTC)
ATOM: $12.040
JUNO: $0.991
EVMOS: $0.299
OSMO: $0.837
If you enjoy our newsletter, please share it with your friends so they can stay up-to-date on the latest developments in the Cosmos ecosystem.
Best regards,
Cosmos Ecosystem Chat Team