Mars Ecosystem Weekly Report #13

Mars Ecosystem
4 min readNov 23, 2021

Dear Mars Ecosystem community members,

Please see our latest updates below (15th Nov.- 21st Nov.):

🌟1.$3.6 Million worth of $BTC, $BNB, $ETH, $CAKE were distributed to $XMS stakers last week. Total rewards distributed stands at $22.1 Million already.

MarsEcosystem firmly believes that users are the foundation of development, So we currently reward XMS stakers in the form of BTC, BNB, ETH, CAKE with 90% of the income via the XMS staking Pool, the remaining income goes to our DAO Treasury which supports the development of the project and its MKT.

User Satisfaction is the goal and motivation of the Mars Ecosystem team.

🌟2.Launched our stablecoin module on BSC in our “Genesis” rollout

Mars Ecosystem’s Stablecoin module premiered at BSC on 21st November, and it was launched simultaneously with Genesis.

The purpose of Genesis is to facilitate the minting of the Mars Stablecoin USDm and distribute XMS, BTC, ETH, BNB and CAKE to early supporters of USDm for free.

The duration of Genesis is 30 days.

Several “Genesis Events” will take place during Genesis. Each Genesis Event lasts for a few hours and is a way for users to mint USDm during Genesis. Users will need to commit BUSD and stake a proportional amount of XMS to mint USDm. In addition, users can stake USDm to obtain mainstream coins such as XMS, BTC, ETH, BNB, CAKE and enjoy a high APR.

Suppose users don’t want to hold USDm. Then, they can also swap USDm for BUSD on MarsSwap at any time.

🌟3. Genesis Event 1 has ended successfully & Exceeded the mintage cap 3X over.

We successfully reached the USDm mintage cap 19 minutes after the genesis event 1 started.

At the end of genesis event 1:

Total $BUSDcommitted:16613052.5252

Total $XMS Staked: 33226105.0504

We exceeded the mintage cap 3X over.

Check the result of Genesis Event 1 here:

https://mars-ecosystem.medium.com/genesis-event-1-has-ended-successfully-we-exceeded-the-mintage-cap-3x-over-e15050d6b47c

🌟4. Launched staking of $USDm to earn XMS, BTC, ETH, BNB, CAKE Pools with 2000%+ APR.

Users can Stake $USDm to earn with 2000+% APR now:

Check the mind-blowing APR and start to earn:

https://app.marsecosystem.com/pools

🌟5. Awaiting the final votes to be counted, to announce the “Top players” in the BSC MVBIII program.

Let’s win this fight together!

Detail:

https://twitter.com/BinanceChain/status/1461357864950239240

For more official information:

https://www.binance.org/en/blog/mvbiii-forming-a-voting-committee-to-bring-decentralization-into-the-mvb-program/

🌟6. Announced NFT cooperations and strategic partnership with Celestial.

We will release a limited edition of NFTs in cooperation with Celestial, a GameFi project. Users can use our XMS or USDm to purchase the limited edition and highly empowered NFTs. At that time, we will also promote diversified cooperation with more high-quality projects.

🌟7. MarsEcosystem x Hyperpay_tech airdrop $1800 worth of $XMS airdrop completed.

Details:

https://twitter.com/MarsEcosystem/status/1460922267911823362

A total of 120 winners have been randomly selected:

https://hyperpay-info.medium.com/hyperpay-mars-ecosystem-airdrop-event-is-live-a-chance-to-get-xms-tokens-a6df12443597

🌟8. Joined Binance Smart Chain EXPO I to explore finance 2.0.

Together with DeriProtocol and QubitFin, we participated in Binance Smart Chain DeFi Expo, Exploring Finance 2.0.

Detail:

https://twitter.com/BinanceChain/status/1459986048440840192

You can watch the video recap here:

https://www.youtube.com/watch?v=-gUcGexizmo

🌟9. Completed 10 Global AMA sessions

We completed 10 AMA sessions globally in different languages, including Bitkeep Wallet, Satoshi club, Alpaca CIS, Celestial, etc.

Here is one of the recaps of our AMA with Satoshi Club:

https://esatoshi.club/mars-ecosystem-x-satoshi-club-ama-recap-from-15th-of-november/

By holding AMAs in different communities and languages to answer our users’

questions, Mars Ecosystem is. trying to attract more foreign users to join our

harmonic community and expand our ecosystem sustainably and organically.

🚀Genesis Event 2 is coming soon

Thanks to all the enthusiastic participants, our Genesis Event 1 was mind-blowingly successful. We know that a lot of you didn’t get $USDm, so we are preparing for our Genesis Event 2, which will take place soon, do have your $XMS and $BUSD ready, and wait for our announcement!!!

Read about the details of our Genesis:

https://docs.marsecosystem.com/whitepaper/genesis

Useful links:

📙 Whitepaper:https://docs.marsecosystem.com/
📈 DAPP:https://app.marsecosystem.com/

🌎 Website: https://marsecosystem.com
🐦 Twitter:https://twitter.com/MarsEcosystem
🎬 Youtube: youtube.com/channel/UCUY30mQ_HRXDK80EoO5q_5Q/featured
🤖 Discord: https://discord.gg/52TEnebg
📝 Medium: https://mars-ecosystem.medium.com/
🧠 Reddit: https://www.reddit.com/r/marsecosytem/

👾 Join our community

🌟 English Telegram: https://t.me/mars_ecosystem

🌟Chinese Telegram: https://t.me/Marsecosystem_chinese

🌟Indonesian Telegram: https://t.me/marsecosystem_IDSA

🌟Vietnam Telegram: https://t.me/marsecosystem_vietnam

🌟Turkish Telegram:https://t.me/marsecosystemturkey

🌟Spanish Telegram: https://t.me/marsecosystem_ES

🌟Russian Telegram: https://t.me/marsecosystem_cis

🌟Portuguese Telegram: https://t.me/marsecosystem_Pt

🌟French Telegram: https://t.me/marsecosystem_french

🌟Thailand Telegram: https://t.me/marsecosystem_thailand

👨‍🚀 Great things are on the horizon and together we will build a New Decentralized Stablecoin Era!

Yours sincerely,

The Marsecosystem Team

--

--