Stader Labs’ liquid staking token LUNAX gives holders the ability to earn staking rewards and air drops on the Terra blockchain without locking their tokens or maintaining staking infrastructure. A new governance proposal would list LUNAX as a collateral asset for lending and borrowing on the Red Bank. “Stader promotes…

Mars’ Red Bank currently supports three assets: Anchor Protocol (ANC) Terra (LUNA) Terra USD (UST). Delphi Labs just pushed an on-chain vote live to add a fourth: Staked Luna (stLUNA). A liquid staking derivative of LUNA offered by Lido, stLUNA allows users to earn staking rewards on their LUNA without…

In this new monthly transmission from Mission Control, we cover everything that’s happened on Mars over the past month including the dawn of governance, adding new assets to the Red Bank and raising caps in the Fields of Mars. Initiate transmission now 🔻 MARS STATS

There is an idea buried at the heart of Mars Protocol: the future of finance and the web itself is open, verifiable and decentralized. In that spirit, Mars Protocol builders opened up a complete set of files and images for a modified Mars web application/user interface (UI) moments ago. Released…

Last week, Delphi Labs published Mars Request for Comment №3 (MRC-3): a proposal that would boost the credit lines for two leveraged yield farming strategies in the Fields of Mars. Specifically, the proposal would increase the Fields caps for the LUNA-UST and MIR-UST strategies as follows.

Unlike Earth, Mars is a place where all control is decentralized. No one person or company “owns” the protocol. Instead, it’s a set of open-sourced smart contracts freely licensed to the public and governed by MARS stakers (xMARS holders). Since Mars’ smart contracts are published directly on the Terra blockchain…

As the old saying goes, “If you’re not part of the solution, you’re part of the problem.” The same goes for protocols in the crypto space. If people don’t participate in governance, they’re essentially giving up their power to make decisions that could impact the entire community. Not participating in…

After a successful governance vote ending on Earth Date April 9, 2022, Anchor Protocol tokens (ANC) are now available for depositing and borrowing on the Red Bank! Humans and extraterrestrials everywhere can deposit ANC for potential yield and optionally use it as collateral to borrow TerraUSD (UST) or Terra (LUNA)…

Moments ago, Delphi Labs pushed Mars Protocol’s first-ever governance vote on-chain. Mars Improvement Proposal (MIP) №1 aims to add Anchor (ANC) tokens as a collateral asset for lending and borrowing on the Red Bank. All Mars stakers (xMARS holders) who held xMARS at least one block before the vote was…