Mars Ecosystem is a cryptocurrency exchange.
Cryptocurrency exchange
Mars Ecosystem is a cryptocurrency exchange.
Mars Ecosystem is a decentralized stablecoin paradigm. It facilitates the creation and use of stablecoin in one system. Mars Ecosystem is made up of three sections: the Mars Treasury, Mars Stablecoin, and the Mars DeFi protocols, forming a feedback loop. Mars Ecosystem's objective is to develop a central bank and reserve currency used by the DeFi world.
Mars Stablecoin (USDM) is backed by the Mars Ecosystem Governance Token (XMS). The market cap of XMS is multiple times the market cap of Mars Stablecoin. This means that the stablecoin can be redeemed 1:1. Mars Swap offers liquidity between Mars Stablecoin and other tokens. The incurred transaction fees generated at Mars Swap are utilized in backing the stability of Mars Stablecoin.
Mars Ecosystem is a decentralized stablecoin paradigm. It faciliatatesfacilitates the creation and use of stablecoin in one system. Mars Ecosystem is made up of three sections: the Mars Treasury, Mars Stablecoin and the Mars DeFi protocols, forming a feedback loop. Mars Ecosystem's objective is to develop a central bank and reserve currency used by the DeFi world.
Mars Ecosystem is a decentralized stablecoin paradigm,. itIt integratesfaciliatates the creation and use of stablecoin into thein sameone system. Mars Ecosystem consistsis made up of three partssections: the Mars Treasury, Mars Stablecoin and the Mars DeFi protocols, which together formforming a positive feedback loop. Mars stablecoin is price-stable, capital-efficient, scalable and decentralized. The goal of Mars Ecosystem's objective is to builddevelop thea central bank and reserve currency ofused by the DeFi world.
Mars Ecosystem possesses the following features:
Mars Stablecoin (USDM) is backed by the Mars Ecosystem Governance Token (XMS). The market cap of XMS is multiple times the market cap of Mars Stablecoin. This means that the stablecoin can be redeemed 1:1. Mars Swap offers liquidity between Mars Stablecoin and other tokens. The incurred transaction fees generated at Mars Swap are utilized in backing the stability of Mars Stablecoin.
Mars Ecosystem possesses the following features:
Mars Ecosystem:
The fundamental issue within most current stablecoin protocols is positive externality. The cost of producing and maintaining stablecoins are incurred by the protocol and its users (minters, share holders, bond holders). Whereas the majority of the value comes from the transaction of stablecoins within DeFi primitives and is captured by these DeFi primitives.
Mars Ecosystem solves this problem by integrating the creation and the use of stablecoin into one stable yet decentralized ecosystem. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect.Mars Ecosystem consists of three parts: Mars Treasury, Mars Stablecoin and Mars DeFi protocols, which together form a positive feedback loop.
Mars Stablecoin:
Mars Stablecoin (USDM) is price stable, capital efficient, scalable and decentralized. It is an over-backed stablecoin: the redeemability of USDM is backed by the Mars Ecosystem Governance Token (XMS). The market cap of XMS is always multiple times the market cap of Mars Stablecoin which ensures that the stablecoin can be redeemed 1:1 at any given time.
Source of Treasury assets:
USDm is generated and destroyed through the minting and redemption mechanisms implemented. Users deposit their assets into Mars Treasury when minting USDm, they deposit USDm to recieve assets from the Mars Treasury. Both minting and redemption are always at a 1:1 ratio when the Mars Treasury is utilized.
Mars Swap:
Mars Swap provides liquidity between Mars Stablecoin and all the other tokens, making USDM the ideal medium of exchange and store of value for DeFi. The incurred transaction fees generated at Mars Swap are used to back the stability of Mars Stablecoin.
Unique innovations of mars:
1.Treasury assets classification mechanism.
2.Mintage control mechanism.
3.Anti-"bank run" mechanism.
4.The integration of DeFi protocols and stablecoin into the same system.
Tokenomics:
Name: Mars Ecosystem Token
Ticker: XMS
Contract Address: 0x7859b01bbf675d67da8cd128a50d155cd881b576
Chain: Binance Smart Chain (BEP-20)
Total Supply: 1 Billion
Vesting Schedule:
Investors: Vesting monthly for 18 months, starting at Genesis Launch
Team: Vesting monthly for 36 months, starting at Genesis Launch.
Mars Ecosystem is a decentralized stablecoin paradigm, it integrates the creation and use of stablecoin into the same system. Mars Ecosystem consists of three parts: Mars Treasury, Mars Stablecoin and Mars DeFi protocols, which together form a positive feedback loop. Mars stablecoin is price-stable, capital-efficient, scalable and decentralized. The goal of Mars Ecosystem is to build the central bank and reserve currency of the DeFi world.
Mars Ecosystem possesses the following features:
Mars Ecosystem:
The fundamental issue within most current stablecoin protocols is positive externality. The cost of producing and maintaining stablecoins are incurred by the protocol and its users (minters, share holders, bond holders). Whereas the majority of the value comes from the transaction of stablecoins within DeFi primitives and is captured by these DeFi primitives.
Mars Ecosystem solves this problem by integrating the creation and the use of stablecoin into one stable yet decentralized ecosystem. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect.Mars Ecosystem consists of three parts: Mars Treasury, Mars Stablecoin and Mars DeFi protocols, which together form a positive feedback loop.
Mars Stablecoin:
Mars Stablecoin (USDM) is price stable, capital efficient, scalable and decentralized. It is an over-backed stablecoin: the redeemability of USDM is backed by the Mars Ecosystem Governance Token (XMS). The market cap of XMS is always multiple times the market cap of Mars Stablecoin which ensures that the stablecoin can be redeemed 1:1 at any given time.
Source of Treasury assets:
USDm is generated and destroyed through the minting and redemption mechanisms implemented. Users deposit their assets into Mars Treasury when minting USDm, they deposit USDm to recieve assets from the Mars Treasury. Both minting and redemption are always at a 1:1 ratio when the Mars Treasury is utilized.
Mars Swap:
Mars Swap provides liquidity between Mars Stablecoin and all the other tokens, making USDM the ideal medium of exchange and store of value for DeFi. The incurred transaction fees generated at Mars Swap are used to back the stability of Mars Stablecoin.
Unique innovations of mars:
1.Treasury assets classification mechanism.
2.Mintage control mechanism.
3.Anti-"bank run" mechanism.
4.The integration of DeFi protocols and stablecoin into the same system.
Tokenomics:
Name: Mars Ecosystem Token
Ticker: XMS
Contract Address: 0x7859b01bbf675d67da8cd128a50d155cd881b576
Chain: Binance Smart Chain (BEP-20)
Total Supply: 1 Billion
Vesting Schedule:
Investors: Vesting monthly for 18 months, starting at Genesis Launch
Team: Vesting monthly for 36 months, starting at Genesis Launch.