The lending agreement Mars Protocol has released the v2 version white paper and launched the Mars Hub supporting the IBC protocol

2022-09-26 07:56:11

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Chain Catcher news, the Cosmos ecosystem lending protocol Mars Protocol has released the v2 version white paper, launching Mars Hub with Cosmos cross-chain functionality, supporting the IBC protocol. In addition to lending features, users can engage in spot trading and margin trading.

Furthermore, the protocol's token MARS will be used by stakers to secure the Mars Hub network, manage protocol functions and risk parameters, thereby earning protocol fees.

It is reported that Mars Protocol is a Cosmos ecosystem lending protocol designed with a dynamic interest rate model by Delphi Labs, supporting features such as over-collateralized lending and leveraged mining. (Source link)

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