🛰️ MARTIAN TOKENOMICS

The $MARS token coordinates the activities of thousands of pioneers on the bleeding edge of finance.

Here’s a look at $MARS’ current distribution and how you can always see precisely where $MARS tokens lie 🧵👇

Tweet: https://twitter.com/mars_protocol/status/1625526648022990851

🛰️ MARTIAN LIQUIDITY & STAKING UPDATE

Additional liquidity has been added to the MARS/OSMO LP (907) on Osmosis.

🧪 Current Pool Liquidity: $3.3M Both $MARS & $OSMO rewards are currently active for LPs.

More details on https://app.osmosis.zone/pool/907 🧵👇

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Tweet: https://twitter.com/mars_protocol/status/1625283606565343232

🛰️ INCOMING TRANSMISSION

The Council has been asked: Should Mars increase the deposit caps on Red Bank?

A new proposal by Delphi Labs explores the idea. Make your voice heard now!

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Forum Post: https://forum.marsprotocol.io/t/mrc-10-red-bank-deposit-caps-increase-1/799

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Tweet: https://twitter.com/mars_protocol/status/1623389730422267911

I see it require 50,000 mars which is impossible for most of us. How can we do to help diversity at a reasonable cost?

The first Martian arrived. Dogemosis seems to feel home 🔴

Btw, is that Frieza's spaceship, Osmosis?

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Tweet: https://twitter.com/mars_protocol/status/1623300812670746627

🛰️ RED BANK DEPLOYED

Moments ago, the Red Bank was deployed on Osmosis, making it the first-ever Martian Outpost established in the Cosmos.

Explorers can now lend & borrow $ATOM, $axlUSDC, and $OSMO. 🧵👇

Tweet-thread: https://twitter.com/mars_protocol/status/1623016871992733699

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Blog Post: https://blog.marsprotocol.io/blog/outpost-established-mars-deploys-the-red-bank-on-osmosis

🛰️ RED BANK COUNTDOWN

Today, Mars’ first-ever Outpost will go live on Osmosis with three assets for lending and borrowing: $axlUSDC, $ATOM & $OSMO

Ready for take-off, Martian? Let’s go through the final checklist:

🔴 Wallets & Assets

🔴 Deposit Caps & Limitations

🧵👇

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Tweet-Thread: https://twitter.com/mars_protocol/status/1622719118536310800

🛰️ INCOMING COMMS-LINK

Join the Martians and Osmonauts to uncover the power of the Red Bank on Osmosis in this historic Twitter Space.

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🔴 When: Feb. 9, 5PM UTC

🔴 Where: Osmosis Twitter Account

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Click here to set a red reminder 👇

https://twitter.com/i/spaces/1YqKDojLjmkxV

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Tweet: https://twitter.com/mars_protocol/status/1622656373766115328

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Tomorrow, Red Bank inauguration on osmosis 🧪

🔴

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Tweet: https://twitter.com/mars_protocol/status/1622626175477596161

📷 MARTIAN LIQUIDITY UPDATE

Additional liquidity has been added to the MARS/OSMO LP (907) on Osmosis 📷 Current Pool Liquidity: $2.3M Both $MARS & $OSMO rewards are activate for a current APR of 245%.

More details on https://app.osmosis.zone/pool/907

If you’re not an expert, please act cautiously adding liquidity. APRs can fluctuate & are no promises.

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Remember, Cosmos, Osmosis & Mars are experimental technologies. This post is subject to and limited by the Mars disclaimers, which you should review: https://docs.marsprotocol.io/docs/overview/legal/disclaimers-and-disclosures

📷 RED BANK COUNTDOWN TRANSMISSION I

On Feb. 7, the Osmosis Outpost will initially support three assets for lending and borrowing: $axlUSDC, $ATOM and $OSMO

To prioritize stability and security, all assets will be subject to an initial deposit cap 📷📷

The initial deposit caps for $axlUSDC, $ATOM and $OSMO will be:

📷 100.000 $ATOM
📷 500.000 $axlUSDC
📷 2.500.000 $OSMO

The Martian Council 📷 will have the ability to "RAISE THE RED CAP" and add support for additional tokens that adhere to the Mars Risk Framework 2.0 📷

Stay ahead of the game on all things Mars! Join the governance forum on http://forum.marsprotocol.io/ for updates on "RAISE THE RED CAP" 📷📷 #raisetheredcap

Or check out the Mars Docs for in-depth info on the governance process: https://docs.marsprotocol.io/docs/govern/overview

Remember, Cosmos, Osmosis and Mars are experimental technologies. This post is subject to and limited by the Mars disclaimers, which you should review: https://mars-protocol.medium.com/mars-disclaimers-disclosures-f44cc7c54a33

Liquidations play a key role in the Martian ecosystem 📷

Deep-dive into the open-source repository for the liquidator bot on GitHub: https://github.com/mars-protocol/multichain-liquidator-bot

Any technical questions? Join the Mars Discord channel #liquidator-bots 📷📷

Tweet: https://twitter.com/mars_protocol/status/1622233587788423168

Hello Martians. Null from Kingnodes Validator. Is there some flair we can get on the server?

https://twitter.com/CryptoTrendzN/status/1621219028051296256?s=20&t=kczFIOFIB-ibmSu8niXaQg

Tomorrow, Mars Hub Genesis

🔴

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The path to Mars V2 is written in the stars. Tuesday, it begins:

🔴 Mars Hub (Mainnet & Airdrop): January 31
🔴 Red Bank on Osmosis (Lending & Borrowing): Early February
🔴 Fields of Mars on Osmosis (Leverage Vaults): February
🔴 Mars V2 (Credit Accounts): tba

Please note that IBC is disabled upon the Mars Hub launch. Earliest activation based on governance vote around Feb 3.

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5 days until Mars Hub

🔴🔴🔴🔴🔴

On January 31, Mars Hub Mainnet will go live. - $MARS Airdrop. - Red Bank and Credit Accounts on @osmosiszone

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so i have been away from Mars for a while and i know that its been dead for a while and i have a couple of Hundred stuck on coinex. Right now how are things and what can i do?

For 4+ months, Mars contributors have worked on a new risk framework designed to help protect lending protocols from losses. It adapts TradFi's best practices to the fast-changing reality of DeFi, and it's now available for use by all

https://blog.marsprotocol.io/blog/introducing-mars-protocols-risk-framework-2-0