What is Mars Ecosystem
Mars Ecosystem is a new decentralized stablecoin paradigm that integrates the creation and the use of stablecoin into one stable decentralized ecosystem. Some of the unique innovations of the Mars Ecosystem include treasury assets classification mechanism, mintage control mechanism, anti-"bank run" mechanism, and integrated native stablecoin within the DeFi protocol. The protocol ensures high price stability, a high degree of decentralization, and scalability. Mars Ecosystem consists of three parts: Mars Treasury, Mars Stablecoin and Mars DeFi protocols, which together form a positive feedback loop. Mars stablecoin is price-stable, capital-efficient, scalable and decentralized. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect. Mars Ecosystem team members are all early practitioners of the Internet and Blockchain with an especially strong background in finance.