The original lending protocol of the Terra blockchain, mars_protocol, has deployed its mainnet on cosmos with plans to be released on the osmosiszone DEX. Reporting by oknightcrypto.
The protocol will be available on Osmosis, Cosmos' largest decentralized exchange with total value locked of $180 million. Users will borrow and lend Cosmos-based tokens, while those that stake the MARS token will receive a portion of fees as a reward.
64.4 million MARS governance tokens have been unlocked, with those that held MARS tokens on Terra Classic receiving an airdrop based on two historical snapshots.
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