The MarsDAO Crypto project is a Web3 community of users of educational, infrastructure and decentralized products with deflationary mechanisms, based on their native MDAO token. Read on to learn more about the MarsDAO Crypto project.
What is MarsDAO Crypto project and how does it work (MDAO)?
MarsDAO is a multifunctional decentralized platform for using various investment instruments in the cryptocurrency market and operating on the principle of decentralized autonomous organizations (DAO). Community of MarsDAO token holders develop products designed to solve 3 main tasks
- Bring transparent profit in cryptocurrency market for token holders
- Facilitate interaction with a rapidly developing market
- Solve the inflation problem with the MarsDAO deflationary model
What products does the MarsDAO Crypto project offer?
Auto.Farm
A contract platform where users can significantly increase the amount of farm income due to restocking automation mechanisms. The service contract reaps automatically. Part of the crop (50%) is converted into LP pool tokens, part of the crop (40%) is used to buy the MarsDAO token, and part of the crop (10%) buys back the MarsDAO token and burns it, creating deflation.
Hodlit.Finance
Decentralized NFT voucher protocol. A contract platform that allows the purchase of portfolios of assets balanced on the principle of a piggy bank that cannot be “broken” at any time.
When purchasing a piggy bank collected by cryptocurrency market experts, users can set a lock from 1 to 17 years. Over the years, the market has shown that an investor’s biggest enemy is himself. This service is designed to solve this problem. All service piggy banks consist of MarsDAO token at 10%.
MARS Wallet Bot
MARS Wallet Bot is a cryptocurrency wallet on Telegram with 20.000+ users and comprehensive features. Store, exchange, buy and sell via liquidity pools on decentralized exchanges. It has convenient features for channel admins, closed groups, and more. All transactions within the wallet use a 50% fee, which goes towards buying the MarsDAO token and burning it.
MARS POWER
Launchpad for IDO projects. The allocation is made between the owners of MARS POWER. The more MARS POWER, the greater the chance of getting an allocation. MARS POWER is received by users who have MARS in their wallets and use it to provide liquidity for DEX protocols or in various staking contracts.
DEX Index Fund
A contract platform that allows you to buy tokens (indices), whose price will be linked to the price of your basket of currencies (which it includes). At any time, users can sell their index tokens. When buying and selling an index token, a fee is set. MarsDAO token is redeemed for this fee and 50% is burned.
Mars Space
A platform for tokenizing traditional investment objects. Real estate, clocks, aircraft, land, etc. The development team has not yet released the characteristics and details of the project. All platform fees will redeem MarsDAO token.
IWO Platform – MDAO Maker
MDAO Maker is an online IWO platform that allows users to buy a project allocation even in the initial round. Users can view submitted project deadlines, eligibility requirements, and current status. MDAO Maker consists of two functional interaction elements:
- 1. The website of MDAO Maker — an online launch pad for new projects.
- 2. MarsDAO Wallet Telegram-bot — a multifunctional cryptocurrency wallet created specifically for Telegram by MarsDAO developers. The top priorities for MarsDAO Wallet are convenience, speed, confidentiality, anonymity and data security. As such, MarsDAO provides its users with a secure cryptocurrency wallet integrated into the well-known messenger. On the platform, all interactions take place in the Telegram bot’s MarsDAO Wallet. MDAO Maker is informational and does not collect user data. On the platform, you will find links to projects to participate through the MarsDAO Wallet.
How does MDAO Maker work?
MDAO Maker uses a blockchain-based approach that allows ordinary cryptocurrency users to invest assets in cryptocurrency projects from the ground up, ensuring a fairer distribution of tokens. This is because the blockchain provides greater transparency by tracking the distribution of tokens more closely. Previously, only venture capitalists and other institutional investors could do this.
With MDAO Maker, even individuals can invest in a promising project at a low price before it is publicly released and prices go up. This fairer distribution of tokens also protects crypto projects from sudden price drops due to pumping and dumping schemes, which so-called “whales” are often blamed for.
Additional benefits of MDAO Maker
In addition to the low price per token in the initial round of sales, MDAO Maker offers several other benefits for projects and users. These benefits include:
- Convenient for startups: Listing in MDAO Maker is a process that is mostly convenient for developers as almost any team can list their project on the launchpad as long as they meet the entry requirements and share part of the allocation with launchpad users. activation.
- Security: MDAO Maker is not subject to security breaches because it does not store users’ assets. Instead, users have full ownership of their assets. Tokens in MDAO Maker can only be accessed through MarsDAO Wallet’s secure wallets once the wallet has been linked.
- Obtaining Tokens Almost Instantly: Interest Tokens are available for trading immediately and (in most cases) do not require a lockout period (waiting period).
MDAO Token
MDAO is a community token of a multifunctional decentralized platform for using various investment instruments in the cryptocurrency market and operating on the principle of decentralized autonomous organizations (DAO). The platform token was launched on the BNB Smart Chain. However, in the near future, thanks to technological partnerships, MDAO will be available for a large number of networks.
The native token of the MarsDAO ecosystem, MDAO has several beneficial applications for its holders, including the possibility of receiving rewards for staking on a partner project’s tokens, opportunity to receive MDAO tokens by participating in the lottery, as well as receiving a return on staking of NFTs from level for users who joined the project at the beginning and have MDAO level NFTs. Supply max. of MDAO token is 100.000.000 MDAO coins.
Other uses of MDAO:
- Using MDAO in farm pools on DEX exchanges as soon as they become available. MarsDAO representatives inform users in chats and community channels about the emergence of pools.
- Using the MDAO token to provide liquidity on decentralized exchanges.
- Using MDAO token on IWO platform – MDAO Maker
Conclusion
The MarsDAO Crypto project is a decentralized technology community that focuses on providing educational products and infrastructure to its users. It is based on deflationary mechanisms and has its own native token, MDAO, as the basis of its economy. The Web3 community aims to unite decentralized technology enthusiasts around a common project and help them get the most out of blockchain technology. It is an ambitious and innovative project, which aims to bring a new era of opportunities to the cryptocurrency ecosystem.
