Mars Protocol 🔴
@mars_protocol
The galaxy's most powerful credit protocol. Telegram: http://t.me/marsprotocol Discord: http://discord.marsprotocol.io Twitter operated by Mars Protocol Foundation
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Martians, a new governance proposa is live to upgrade Mars Protocol contracts on Neutron to v2.4.0. Staking discounts for $MARS stakers, native DEX reward routing & Slinky LST oracle, and better governance support incoming! 🔴
🛰️ GOV VOTE ACTIVATED The Council 🧙 has been summoned on Mars Hub. Proposal to upgrade Mars contracts on Neutron to v2.4.0, introducing staking discounts, governance improvements, native DEX reward routing, and Slinky LST oracle support. 🔻
Is anyone borrowing $ntrn to lock and boost their bitcoin summer rewards? Has anyone done the math to see if it makes sense? Even for a short lock of 1 month, you boost rewards by 9% (2 months 17%). And ntrn is cheap to borrow on @mars_protocol
When life gives you 🍋 , you make lemonade. We are biding our time, and using small tricks for bonus yield. If you understand why the port looks like this, then congrats you pass the test.
The beauty of an isolated market design built around high-correlation pairs: • Risk contained • Capital efficient • Zero liquidations to date Amber Finance is showing how structured leverage should work.
What an amazing product you guys built. @mars_protocol is hands down the best #defi product I have used. Loving this 🔥 chart as well 👀
We received backlash for the activated circuit breaker mechanism in our protocol during yesterday’s events. However, as someone who has personally witnessed the Terra crash, the FTX collapse, and the Covid market meltdown, it has always been my deep conviction to prioritize the…
We received backlash for the activated circuit breaker mechanism in our protocol during yesterday’s events. However, as someone who has personally witnessed the Terra crash, the FTX collapse, and the Covid market meltdown, it has always been my deep conviction to prioritize the…
🛰️ Circuit Breaker Activated The entire Mars Protocol, including Perps, Red Bank, and Vaults, is temporarily halted due to extreme market volatility (>±15% price move within 1h). This means: • No new trades, borrows, or withdrawals can be made • No liquidations occur •…
There was just one protocol and one platform that I noticed had activated a circuit breaker when this started. They detected a 15% overall drift in less than 1 hour and halted all trades protecting liquidations on their platforms. I haven't used their platform - @mars_protocol…
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