MARS V2: LPs AS COLLATERAL DEPLOYED

Martians, the second stage of the Mars v2 phased rollout just went live on Neutron_org!

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Explorers can now create whitelisted Astroport LPs as collateral on Mars!

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https://app.marsprotocol.io/farm

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Traditionally, in DeFi lending protocols, users deposit assets as collateral to borrow other assets. Mars Protocol is pushing the boundaries by allowing users to leverage their LP tokens from whitelisted platforms like Astroport. 

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By enabling LPs to be used as collateral, Mars Protocol allows users to maintain their liquidity provision while simultaneously accessing capital for other investments or leverage opportunities.

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Users can now navigate to app.marsprotocol.io/farm and easily create whitelisted Astroport LPs such as:

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🔴 $dATOM - $USDC  

🔴 $dATOM - $NTRN  

🔴 $NTRN - $USDC

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These LPs can be used as collateral to, in example, borrow other assets.

Mars v2 lets you collateralize leveraged assets, not just spot or staked assets. Everything in your Credit Account can be cross-collateralized to borrow from the Red Bank, with a single liquidation point.

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Upcoming new core features:

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🔴 High-Leverage Strategies (Phase 3)  

🔴 Copy-Trading Vaults (Phase 4)  

🔴 Perps (Phase 5)

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