The Mars Risk Framework serves two main purposes:

  1. Assessing the riskiness of assets to be added to the platform; and
  2. Based on that assessment, setting the risk parameters for those assets.

In this post we’ll explore how this framework works in detail. In the first section we’ll define the categories…


  1. Summary
  2. How it Works
  3. Controller — Dynamic Interest Rates using Control Theory
  4. Token Economics (MARS)
  5. Why Terra
  6. Trustless Governance
  7. The Future

1. Summary

Mars is a bank of the future: non-custodial, open-source, transparent, algorithmic and community-governed.

Like all banks, Mars aims to attract deposits and lend out this money while managing illiquidity…

“The Earth is the cradle of humanity, but mankind cannot stay in the cradle forever.”

— Russian rocket scientist Konstantin Tsiolkovsky

The fifth epoch has begun.

First, computing had mainframes (Epoch 1). The size of rooms, these computational behemoths gave birth to PCs (Epoch 2).

PCs gave us the web…

Mars Protocol

Mars is a credit lending protocol for the Terra blockchain. Official site:

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