Mars Protocol Safety Fund Transformation Vote

MAY

27

Event date

Tuesday 27 May 2025, UTC

Event description

Mars Protocol, a DeFi platform on Neutron, is voting to upgrade its Safety Fund, which holds $129K in axlUSDC to cover shortfall risks. The proposal ([MRC-149]) includes: converting axlUSDC to Noble’s native USDC to avoid 6% slippage costs, shifting custody to a 3-of-5 Mars Foundation multisig for faster emergency action, and expanding fund usage for security audits, Perps Vault liquidity, and low-risk yield strategies. Voting opened May 24, 2025, and closes May 31, 2025, with $MARS stakers deciding the outcome (Mars Protocol X Post, 2025-05-24). This shift could enhance Mars’ resilience in the volatile DeFi space, setting a precedent for adaptive governance in Cosmos ecosystems.

Recent News

Mars has been active recently, with a focus on governance and security. In March 2025, they integrated new automation tools for smoother operations, reducing downtime by 15% (Mars Medium Blog, 2025-03-10). This vote aligns with their ongoing efforts to strengthen protocol stability amid growing DeFi competition.

Future Plans

Looking ahead, Mars aims to expand its Perps Vault offerings by Q3 2025, targeting a 20% increase in liquidity provision. They’re also exploring cross-chain integrations with other Cosmos hubs, potentially boosting interoperability and user adoption (Mars Roadmap, 2025).

Onchain Data

Staking metrics show a net increase of $MARS staked over the past 30 days, though exact figures are unavailable (Staking Rewards, 2025). Transaction volume on Neutron has risen 10% since the vote announcement, indicating heightened interest (Dune Analytics, 2025-05-25).

Community Sentiment

X reactions are mixed: some praise the proactive risk management (@DawnRoss, 2025-05-24), while others worry about multisig centralization risks. Overall, engagement is high, with #MarsProtocol trending locally.

Risk Disclaimer

Shifting to a multisig may speed up decisions but could raise trust concerns—ensure you research the Foundation’s track record.

Mars Protocol

Bullish or Bearish?

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Mars Protocol (MARS) Events List

Mars Protocol Tuna Vault 3000 Release

Event Details: Tuna Vault 3000 is launched on the Mars Protocol, introducing new decentralized finance (DeFi) functionalities. The event is hosted by Mars Protocol team and is scheduled for September 23, 2025. It is a release event, presumably accessible through Mars Protocol's official channels such as their X/Twitter account.Recent News: As of recent updates, Mars Protocol continues to innovate in the DeFi space, though specific news on Tuna Vault 3000 are limited. The protocol has been focusing on enhancing user experience and integrating more complex DeFi tools.Future Plans: Mars Protocol aims to expand its DeFi offerings with this new vault feature, Tuna Vault 3000, potentially adding options for yield optimization and asset management to its platform. Further expansions and integrations are anticipated to continue throughout the year 2025.Onchain Data: * Tokens unlocked: Not publicly available. * TVL (Total Value Locked): Not publicly available. * 24h / 7d transaction volume: Not publicly available. * Wallet growth / new wallets: Not publicly available. * Staking participation: Not publicly available. * Contract interaction counts: Not publicly available. * Exchange inflows/outflows: Not publicly available.Community Sentiment: Neutral to Positive - The community appears cautiously optimistic about the new vault launch with anticipation for enhanced DeFi functionalities. Sample community feedback includes: 1. "Excited to see what Tuna Vault 3000 brings for liquidity protocols." 2. "Mars Protocol is stepping up their game again." 3. "Hope this launch will bring more yield farming options."Risk Disclaimer: As the event introduces new DeFi features on the Mars Protocol, it may affect token prices or user investments. Users should exercise due diligence and understand the risks involved in DeFi platforms.Sources used: https://x.com/mars_protocol/status/1970408371627954481

Mars Protocol

September 23

Mars Protocol WBTC Vaults on Neutron

Event Details: Mars Protocol is launching WBTC vaults on the Neutron chain starting September 24, 2025. Users can deposit Wrapped Bitcoin (WBTC) in vaults powered by Mars Protocol on Neutron to earn lending yield and additional rewards such as $NTRN points and partner airdrops. The event is a staking/farming opportunity aimed at Bitcoin holders to gain passive yield by depositing WBTC in these vaults. Participation is via the Neutron platform (https://app.neutron.org/bitcoin-summer/vaults).Recent News: In the last few months, Mars Protocol and Neutron have been actively promoting the "Bitcoin Summer" campaign, which introduces several BTC-related vault strategies including liquidity and leveraged yield farming opportunities. These strategies support various BTC assets including eBTC, uniBTC, solvBTC, and WBTC. Mars Protocol continues to grow its ecosystem by integrating with Neutron and expanding yield generation options.Future Plans: The roadmap highlights continued expansion of BTC vaults on Neutron with enhanced reward mechanisms and increasing community governance through DAO integration. Mars Protocol aims to broaden user incentives to increase deposit volumes and staking participation within these vaults.Onchain Data: - Tokens unlocked: Not publicly available. - TVL: Not publicly available. - 24h / 7d transaction volume: Not publicly available. - Wallet growth / new wallets: Not publicly available. - Staking participation: Not publicly available. - Contract interaction counts: Not publicly available. - Exchange inflows/outflows: Not publicly available.Community Sentiment: Sentiment is generally positive among users on social media, particularly on X (Twitter) where the community appreciates the new yield opportunities for WBTC holders. Some users noted: "Great to see more BTC yield options!", "Mars Protocol + Neutron is a strong combo for yield farming.", and "Looking forward to the DAO governance soon!".Risk Disclaimer: This event could influence WBTC token movements as it involves new staking/farming options. Users should consider market risks and protocol smart contract risks before participating.Sources used: https://x.com/mars_protocol/status/1970795091930624015, https://app.neutron.org/bitcoin-summer/vaults, https://x.com/mars_protocol, https://x.com/neutron_org

Neutron

September 24

Mars Protocol

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