Mars Ecosystem

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 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:

• Treasury assets classification mechanism
• Mintage control mechanism
• Anti-"bank run" mechanism
• The integration of DeFi protocols and stablecoin into one system