Mars Protocol To Launch On Terra, But Why MARS Has Seen A Massive Dump

Mars Protocol To Launch On Terra, But Why MARS Has Seen A Massive Dump

Decentralized credit protocol Mars is set to launch today, March 7th, on the Terra ecosystem. One of the most hype projects in the crypto space, Mars will bring the financial services of a legacy financial institution without its tradeoffs. Related Reading | Terra (LUNA), Quant (QNT) Pull Up As Avalanche (AVAX) Nosedives In addition, users that interacted with the Mars Protocol are eligible to receive an airdrop of their governance token, MARS. At the time of writing, the token that will provide this protocol’s community with decision power over future proposals trends downside with....


Related News

Mars One Foundation Accepting Bitcoin For Private Manned Mission to Mars

Have some spare bitcoins you'd like to give away but don't know how? The Mars One Foundation - the private operation hoping to launch a manned mission to mars (a human settlement) - is now accepting bitcoins using BitPay for a number of perks on Indiegogo, a crowdsourcing platform. Bitcoin contributions can earn the contributor anything from a mission backstage pass for the equivalent of $10 USD, all the way to being a Mars One benefactor and receiving a VIP tour for the equivalent of $25,000 USD. But will the project even lift off? With 18 days remaining, the Mars One foundation needs to....

Terra contagion leads to 80%+ decline in DeFi protocols associated with UST

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on May 11 as projects with any kind of association with the DeFi ecosystem have seen their prices hammered. The forced selling of the Bitcoin (BTC) holdings backing a portion of UST also influenced BTC's current drop to $29,000 and analysts fear that DeFi platforms that have....

Mars Ecosystem Raises $2M to Develop DeFi Stablecoin Protocol

Mars Ecosystem, a new project aiming to overcome the challenges of decentralized stablecoins, is pleased to confirm it has successfully raised $2 million in seed funding. The round attracted investment from several major blockchain funds, including Continue Capital, Parallel Ventures, Kernel Ventures, and YBB Foundation, among others. Mars Ecosystem will now use the funds to […]

NASA Petitioned to Send Bitcoins to Mars

Roman Koshlyak, a former Facebook software engineer and current CEO of Troider, an experimental content publishing platform, has created a petition asking NASA, an independent agency of the executive branch of the United States federal government, to “create Bitcoin wallets for Curiosity and Opportunity and put private keys on Mars.” “Curiosity is a car-sized robotic rover exploring Gale Crater on Mars as part of NASA’s Mars Science Laboratory mission… since landing on August 6, 2012,” according to Wikipedia. Opportunity is much older, landing in 2002, but remains on Mars, undertaking....

Mars4: Highly Liquid MARS4 Dollars and Revenue Generating Mars Terrain NFTs

The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries. As the US’s Perseverance rover lands on Mars and drills its first Martian rock core for NASA, interest in Mars is at an all-time high, and pioneers are dying to stake their claim on the Red Planet’s soils. A meaningful approach for the visionary is to speculate on Mars’s value. You can do this by participating in the Mars4 non-fungible token (NFT) and land plot sale running on Ethereum. What is Mars4? Mars4 is....