The standard of
leveraged token platform
QuasarProtocol creates leveraged tokens in a fully decentralized manner
powered by Solana
No risk of liquidation
Quasar Rebalance Program
When the price of the underlying asset of QLTs changes, the leverage also changes. To adjust this, the Rebalance instruction is executed in QuasarProtocol to set the target leverage. Rebalance Instruction can be called by anyone participating in the Solana ecosystem, and users who propagate the transaction will receive QSR rewards according to the leverage value recovered through the rebalance transaction.
If the price changes rapidly, the position is rebalanced immediately.
If market goes up or down rapidly, Quasar will rebalance its position immediately for prevent liquidation.
Exchange your leveraged position
Mint or burn your leveraged token
To mint your leveraged position, quasar automatically send market order to mango perpetual market, and create new tokens. In contrast, to burn your leveraged position, quasar automatically sell of its position and redeem tokens.
Free to exchange your leveraged token
QLTs are common SPL tokens. Issued QLTs can be freely transferred to other wallets and can also be traded on DEXs such as Serum and Raydium.
How it use?
Mint & Burning
You can mint new leveraged token by clicking mint button, and burn your leveraged token by clicking burn button.
It also uses mango perpetual market, you can create or redeem your position immediately.
Just hold, or provide liquidity
You can earn leveraged returns just by holding the leveraged tokens. You can also provide liquidity to the Raydium QLT pool and earn additional QSR rewards.
Road map
Hackathon
・ Integrate with MangoMarkets
・ QuasarProtocol Alpha Release
Q4
・ Release white paper
・ Release QLT tokens for BTC, SOL
・ Integrate multi-assets collateral system
Q1
・ QSR token launch
・ Integrate QSR staking reward system
Q2
・ Integrate QSR governance
(QLT launchpad)
・ Launch LP staking and reward system