Staker Space
Mars
Mars is a credit protocol for the future: decentralized, self-sovereign, inter-chain, non-custodial, open-sourced, transparent, algorithmic, and community-governed.
Like existing credit protocols, Mars facilitates overcollateralized loans with a two-slope interest rate model (similar to Aave or Compound). In addition, Mars brings outstanding improvements in Contract-to-Contract (C2C) lending, allowing for smart contracts that are whitelisted to borrow assets from Mars liquidity pools without posting collateral. These credit lines power Mars’ credit accounts, giving end users access to leverage when interacting with core DeFi primitives.
Like existing credit protocols, Mars facilitates overcollateralized loans with a two-slope interest rate model (similar to Aave or Compound). In addition, Mars brings outstanding improvements in Contract-to-Contract (C2C) lending, allowing for smart contracts that are whitelisted to borrow assets from Mars liquidity pools without posting collateral. These credit lines power Mars’ credit accounts, giving end users access to leverage when interacting with core DeFi primitives.
Useful links
- Check our validator at the Mars Explorer
- Click here to visit the docs page of Mars
- To gain more information about Mars protocol you can visit the Official Page.
MARS Staking Tutorial
Staking MARS with Keplr wallet
*Quick Stake will automatically choose a validator on your behalf that’s outside of the top third of validators by voting power to maximize decentralization. All Quick Stake validators charge 5% or less commissions, have not been slashed recently and are in the recent validator set. If you’d like to manually select a specific validator, choose the Manual Stake option on Station’s Stake page.
Need help staking?
Please join the Staker Space Discord and post any questions in the #staking channel.
- Visit the Staking tab at wallet.kepler.app and connect the Keplr wallet where you hold MARS.
- Click the “Stake” button beside your MARS holdings.
- Choose your preferred validator from the list and click “Manage" or stake with us
- Choose the amount you’d like to delegate. Please note that any delegations you make are subject to a locking period. Once you’ve delegated your MARS to a validator, you will need to undelegate in order for your staked assets to be liquid again. This process will take 21 days to complete.
- Visit the Quick Stake* tab at station.terra.money. You can also specifically stake with us on this page
- Choose “Delegate” and enter the amount of MARS you’d like to stake.
- Click “Submit.” Please note that any delegations you make are subject to a locking period. Once you’ve delegated your MARS to a validator, you will need to undelegate in order for your staked assets to be liquid again. This process will take 21 days to complete.
*Quick Stake will automatically choose a validator on your behalf that’s outside of the top third of validators by voting power to maximize decentralization. All Quick Stake validators charge 5% or less commissions, have not been slashed recently and are in the recent validator set. If you’d like to manually select a specific validator, choose the Manual Stake option on Station’s Stake page.
Need help staking?
Please join the Staker Space Discord and post any questions in the #staking channel.