Mars Ecosystem Weekly Report #25

2 min readFeb 21, 2022

Dear Mars Ecosystem community members,

Below are the project’s highlights for the most recent week (15th Feb. — 21st Feb.):

🌟1. Mars Ecosystem 2nd IHO has ended successfully

Mars Ecosystem officially launched its second IHO Launchpad with Parking Infinity on Tuesday the 15th of February.

The Mars team is excited to announce that the launchpad’s raise target goal of 10 million $XMS has been surpassed within 5 minutes of its launch!

Towards the end of Mars Ecosystem’s 2nd IHO, we have in total reached 31,633,900 XMS raised, which means we have overly exceeded the XMS raise target goal for the IHO 3.1 times over!

Total $XMS Raised: 31,633,900 XMS
IHO Participants: 735
XMS Burned: 10,000,000

Check the details of Mars Ecosystem’s 2nd IHO here:

Mars Ecosystem’s 2nd IHO has ended successfully!

The Mars team is excited to announce that the launchpad’s raise target goal of 10 million $XMS has been surpassed…

mars-ecosystem.medium.com

🌟2. Announced 10 Million $XMS was burned after the 2nd IHO

Mars Ecosystem officially launched its second IHO Launchpad with Parking Infinity on Tuesday the 15th of February.

10,000,000 XMS were immediately burned following the completion of the 2nd IHO. This 10,000,000 XMS figure represents 3.57% of the current XMS circulating supply.

In total, 19 Million XMS were burned in the first and second IHO. In the coming future, Mars Ecosystem will hold more IHOs, which will soon bring XMS into significant deflation.

The 2nd IHO Transaction Hash:

0x0b6135396d2bc2694ab826183fd0e9eecbc5aca3ce7f56076bdb1beed6b29eef

Mars Ecosystem’s 2nd IHO:

https://link.medium.com/Ek4CG4W3Fnb

More details on Twitter:

https://twitter.com/MarsEcosystem/status/1493702711036022784