 | Mars Ecosystem (XMS) |
BakerySwapMars Ecosystem is a new 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.
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What is Mars Ecosystem
Mars Ecosystem consists of three parts: Mars Treasury, Mars Stablecoin and Mars DeFi protocols.
Mars Ecosystem has the following unique innovations:
- Treasury assets classification mechanism
- Mintage control mechanism
- Anti-”bank run” mechanism
- The integration of DeFi protocols and Stablecoin into the same system
All these innovations make Mars stand out from other Stablecoin protocols on the market.
Mars Ecosystem is a new decentralized Stablecoin paradigm. The main purpose of our project is to build the central bank and reserve currency of the DeFi world.
To achieve this goal, the Mars Ecosystem uses a two token system: The Stablecoin of the Mars Ecosystem is USD-Mars (USDM), and the governance token is Mars Ecosystem Token (XMS).
The Stablecoin USDM could serve the reserve currency of the DeFi world, as any token aimed to be the reserve currency has to be stable. The governance token XMS captures the value generated from the creation and circulation of USDM, and has a huge appreciation upside.
Mars Ecosystem Roadmap
- Mars Stablecoin DEX Launch: The Mars Stablecoin DEX base pools will be launched, which includes BUSD, USDT, USDC, VAI, etc.
- Liquidity Mining / Trade Mining Programs: Liquidity Mining and Trade Mining programs will be launched at Mars Stablecoin DEX.
- Partnership with crypto payment service providers on stablecoin swaps.
- DEX partnership with DeFi protocols: We will partner with lending protocols to launch cPools and partner with yield aggregators to launch yPools.
- USDM Mint/Redeem Mechanism Launch: After XMS has established a solid market cap, USDM can now be minted and redeemed.
- Liquidity Mining / Trade Mining Programs for USDM: Liquidity Mining and Trade Mining programs targeting USDM will be launched at Mars Stablecoin DEX .
- USDM Partnership with DeFi protocols: We will partner with all kinds of DeFi protocols to foster the adoption of USDM.
- DEX partnership with other stablecoin protocols: Our DEX will launch meta-pools to integrate other stablecoin protocols.
- Cross-chain Stablecoin DEX: expansion into Ethereum, Heco, Polkadot, etc.
- Partnership with crypto payment service providers on USDM adoption.
Token Sale Dates
IEO
Token Allocation
Token distribution
Investors - 8%
IDO - 2%
Team - 10%
DAO Treasury (Market Making, Operations, Marketing, Partnerships, etc.) - 15%
Community Incentives (Liquidity Mining, Trade Mining, Airdrops, etc.) - 65%
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