Mars Protocol, Attenuate your receivers and prepare for contact. It is a bank of the future: non-custodial, open-source, transparent, algorithmic and community-governed.
Like all banks, Mars aims to attract deposits and lend out this money while managing illiquidity and insolvency risk. Unlike any other bank, Mars is a fully automated, on-chain credit facility governed by a decentralised community via a transparent governance process. All decisions are made by the Martian Council, composed of Mars stakers who put skin in the game to underwrite protocol risk in exchange for a portion of the protocol borrowing fees.
Mars Protocol is incubated by Delphi Labs and IDEO CoLab Ventures.
