The fundamental issue within most current stablecoin protocols is positive externality. The cost of producing and maintaining stablecoins are incurred by the protocol and its users (minters, share holders, bond holders). Whereas the majority of the value comes from the transaction of stablecoins within DeFi primitives and is captured by these DeFi primitives.
Mars Ecosystem solves this problem by integrating the creation and the use of stablecoin into one stable yet decentralized ecosystem. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect.
Where is USD Mars available for purchase?
You can exchange USDM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading USD Mars is Mars Ecosystem, notably the USDM/USDM pair, which saw a trading volume of $ 197 in the past day.
What is the highest value USD Mars (USDM) has ever reached?
USD Mars (USDM) reached its peak price at 19.18 $ on 06 December 2021, approximately 4 years ago ago. Presently, the current price is -94.8% lower than this all-time high.
What is the historical minimum price for USD Mars (USDM)?
The minimum price reached for USD Mars (USDM) was 0.2174 $, documented on 16 May 2022, more than 3 years ago. In comparison, the current price is 357.89%, it above this historical low.
What is the fully diluted valuation of USD Mars (USDM)?
The fully diluted valuation (FDV) of USD Mars (USDM) stands at $ 28,63 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 28,878,385 USDM tokens. The realization of this FDV might take several years depending on the emission schedule of USDM tokens.
How to add USD Mars (USDM) to MetaMask?
By integrating USD Mars (USDM) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import USDM as a token. You can either manually import USDM by copying its contract address (0xbb0fa2fbe9b37444f5d1dbd22e0e5bdd2afbbe85) or use MetaMask's Chrome extension to add USDM with a single click through P.CASH.
How to add USD Mars (USDM) to TrustWallet?
Incorporating USD Mars (USDM) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include USDM, you can either manually import it using the contract address (0xbb0fa2fbe9b37444f5d1dbd22e0e5bdd2afbbe85) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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