Mars Ecosystem (XMS)

IEO

Last updated: Jul 10, 2021

Mars 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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Overview

Project industry	Other
Product type	DeFi
Whitepaper	Open
Onepager	Open

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.

Details

IEO (BakerySwap Launchpad): Jun 14, 2021 - Jun 14, 2021
Token supply: 1,000,000,000 XMS

Legal

Blockchain Platform: Binance Smart Chain
Registration year: 2021

Token info

Ticker: XMS
Token standard: BEP 20
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%

Mars Ecosystem Roadmap

2021 Q1

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.

2021 Q2

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 .

2021 H2

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.

2022 and beyond