It doesn’t perform as well as it could.
It performs acceptably better than a static position for the purpose of backing liquid staked atom.
It performs terribly if this position is meant to generate yield for Cosmos Hub.
But my point is that this token reissuance has seeming no impact on the performance of these vaults and this should not be part of any decision to withdraw this liqudity.
Choosing to withdraw based on performance alone is a conversation to have, but an alternative that outperforms Quasar should be suggested.