News/Mars Hub Mainnet to Go Live on January 31st

Mars Hub Mainnet to Go Live on January 31st

Jan 22,2023,18:12

Mars Protocol, the lending protocol on Terra Classic, is expected to go live on Mars Hub Mainnet on January 31st. At the same time, Mars Protocol will airdrop a total of 64.4 million new $MARS tokens to users who held $MARS at the time of the two historical snapshots on Terra Classic. $MARS tokens will be used to secure the network and govern Hub and outpost features.

Early $MARS delegators will drive the process via governance proposals, starting with the ability to enable IBC for $MARS tokens.

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