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Within the wake of the spectacular failure of centralized exchanges resembling FTX, each crypto natives and buyers have elevated their give attention to decentralized finance (DeFi) and safety. Quasar is aiming to deal with these points by making a devoted layer 1 protocol that may permit buyers to deposit funds into permissionless, non-custodial funding autos generally known as “vaults,” which might be optimized to work throughout a number of blockchains, the press launch mentioned.
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