Mars Protocol

Mars Protocol is a credit protocol for the future: non-custodial, open-source, transparent, algorithmic and community-governed. It aims to attract deposits and lend out this money while managing illiquidity and insolvency risk. Unlike banks, Mars is fully automated, on-chain credit infrastructure governed by a decentralized community via a transparent governance process.

Mars Protocol is airdropping a total of 10,000,000 MARS to LUNA stakers, bLUNA holders & LUNAX holders. Users who’ve staked at least 10 LUNA or held at least 10 bLUNA or LUNAX by January 1st, 2022 are eligible to claim the airdrop.

Step-by-Step Guide:
  1. Visit the Mars Protocol airdrop claim page.
  2. Connect your Terra wallet.
  3. If you’re eligible, then you will see a MARS button at the top right.
  4. Click on the button to claim your tokens.
  5. Users who’ve staked at least 10 LUNA or held at least 10 bLUNA or LUNAX by the snapshot date are eligible to claim the airdrop.
  6. The snapshot was taken on January 1st, 2022 at Terra block #5,895,050.
  7. Users who had at least 10 LUNA or held at least 10 bLUNA or LUNAX will be able to claim 18.47 MARS and users who had a balance greater than or equal to 20,000 LUNA or held a balance greater than or equal to 20,000 bLUNA or LUNAX will be able to claim 3694.64 MARS.
  8. The rewards can be claimed for up to three months after the launch of Mars Protocol else will be returned to the Martian Council — a DAO of xMARS token holders.
  9. For more information regarding the airdrop, see this Medium article.

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

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