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  • What is MARS?
  • MARS Airdrop with Keplr wallet
  • Staking MARS with Keplr wallet
  1. Staking Guides

$MARS HUB NETWORK

HOW TO STAKE MARS ON STRATA ONE

Previous Oasis Network ($ROSE)Next$XPLA NETWORK

Last updated 8 months ago

INTRODUCTION;

Mars is a credit protocol for the future: non-custodial, open-source, transparent, algorithmic and community-governed. Like banks, Mars aims to attract deposits and lend out this money while managing illiquidity and insolvency risk. Unlike banks, Mars is a fully automated, on-chain credit facility governed by a decentralized 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 backstop certain kinds of protocol risk in exchange for a portion of the protocol borrowing fees.

What is MARS?

Mars is a money market protocol, similar to Compound or AAVE, but with additional and new features adapted to Cosmos. The Mars Hub is an App chain considered as a Hub and which implements different “outposts” on other Cosmos chains.

MARS Airdrop with Keplr wallet

  1. Download the latest version of Keplr via your browser extension or follow the guide on: https://www.keplr.app/download.

  2. Connect the wallet which held MARS on Terra classic during the snapshots. Click on “Add Account” on the account overview on the right upper corner of the wallet (small black figure)

Staking MARS with Keplr wallet

  1. Login your Keplr wallet, switch to Mars Hub and click [Stake]. Or visit https://wallet.keplr.app/chains/mars-hub

  1. On [Staking] select Strataone as your validator from the list of available validators.

  1. On the pop-up window, click [Delegate].

  1. Input the number of your token to delegate and click [Delegate], then click [Approve] on the Keplr pop-up window and go to [My Validators] and check your latest staking information.

confirmation from connected wallet, click Approve.

Congratulations, you have successfully delegated MARS token to StrataOne.

We are STRATA ONE

Strataone is an experienced professional validator of over 13 Proof-of-Stake. We are a distributed workforce across the globe that is monitoring node performance 24/7.

Please don't hesitate to reach out if you have any questions. To get in touch with STRATAONE: Telegram | Twitter | Website

written by: Thompson (creator StrataOne)

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