According to an official announcement, the airdrop proposal for the Cosmos ecosystem DeFi protocol Quasar Finance has been approved. The first round of airdrops will be for testnet participants and is scheduled to start in 22 days. Users can currently check their eligibility for the QSR airdrop on the corresponding page.
Previously, in January, Quasar Finance completed a $5.4 million funding round at a valuation of $70 million. The funding round was led by Shima Capital, with participation from Polychain Capital, Blockchain Capital, HASH Capital, CIB, and Osmosis co-founder Sunny Aggarwal.
In March, Quasar Finance launched its mainnet.