Mars Protocol 🔴

Mars Protocol 🔴

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The galaxy's most powerful credit protocol. Telegram: http://t.me/marsprotocol Discord: http://discord.gg/marsprotocol Twitter operated by Mars Protocol Foundation

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Mars Protocol 🔴

🛰️ Heads-up on upcoming USDC market migration Ahead of the upcoming USDC market migration and haircut execution, we want to clarify what this means for borrowers. As part of the mitigation measures introduced earlier, the maximum borrow LTV was reduced (from 92% to 60%) to

Mars Protocol 🔴

🛰️ Market Update – Temporary Borrowing Restrictions As part of our ongoing response to the recent incident, the Mars Protocol Risk Management DAO has executed an additional temporary risk-mitigation measure on the Mars Neutron outpost. - Borrowing has been disabled for all assets except USDC - USDC borrowing remains enabled to allow system operations and orderly position management - Deposits and repayments remain enabled - No changes were made to the Osmosis outpost or to Amber Finance. During periods of elevated uncertainty and high utilization, unrestricted borrowing can drain available liquidity and increase the risk of additional bad debt. Temporarily limiting borrowing helps protect lenders, prevents further imbalance, and gives the system room to recover in an orderly way. This measure is temporary and will be revisited as soon as conditions stabilize and the recovery plan is executed. We’ll continue to provide transparent updates as the situation evolves. A full post-mortem will be shared later today.

🚨 Mars Protocol Incident Notice We are aware of a serious security incident involving the Mars Perps Market. Our team initiated an immediate investigation and has already disabled all perps-related contracts and halted new activity, preventing any further impact. Users can

Mars Protocol 🔴

🛰️ Mars Protocol Update As part of our ongoing response to the recent incident, we have identified and flagged the addresses involved and are actively tracking the related on-chain activity. We are also attempting to establish contact with the party responsible to explore a potential resolution. Our focus remains on protecting users and recovering funds where possible. A full post-mortem and next steps will be shared as soon as possible.

🚨 Mars Protocol Incident Notice We are aware of a serious security incident involving the Mars Perps Market. Our team initiated an immediate investigation and has already disabled all perps-related contracts and halted new activity, preventing any further impact. Users can

Mars Protocol 🔴

Following our earlier incident notice, we want to clarify that the issue is limited to the Mars Outpost on Neutron. The Mars Outpost on Osmosis is unaffected, and all Osmosis markets continue to operate normally.

🚨 Mars Protocol Incident Notice We are aware of a serious security incident involving the Mars Perps Market. Our team initiated an immediate investigation and has already disabled all perps-related contracts and halted new activity, preventing any further impact. Users can

Mars Protocol 🔴

🚨 Mars Protocol Incident Notice We are aware of a serious security incident involving the Mars Perps Market. Our team initiated an immediate investigation and has already disabled all perps-related contracts and halted new activity, preventing any further impact. Users can still reduce existing positions; some withdrawals may be temporarily unavailable due to market utilization. This incident is isolated to Mars Perps. Amber Finance contracts and operations are not affected. We are continuing to assess the situation alongside our engineering, risk, and security teams. A full post-mortem, including next steps and user guidance, will be shared as soon as our analysis is complete. Protecting users is our top priority. Thank you for your patience as we work through this.

Mars Protocol 🔴

🚨 Mars Protocol Incident Notice We are aware of a serious security incident involving the Mars Perps Market. Our team initiated an immediate investigation and has already disabled all perps-related contracts and halted new activity, preventing any further impact. Users can still reduce existing positions; some withdrawals may be temporarily unavailable due to market utilization. We are continuing to assess the situation alongside our engineering, risk, and security teams. A full post-mortem, including next steps and user guidance, will be shared as soon as our analysis is complete. Protecting users is our top priority. Thank you for your patience as we work through this.

Mars Protocol 🔴

Did not expect to wake up to a 8× TVL jump on Amber today. $uniBTC is really becoming the liquidity king of BTCFi on Neutron. Big day for the ecosystem, more to come soon! 🔴 twitter.com/sandro20212/status...

Mars Protocol 🔴

They added longer time frame tracking on @mars_protocol managed vaults. Now see 1 year graph of Delta Newtral. Deposit $USDC, earn >Morpho apr 😅

Mars Protocol 🔴

What does $7B in idle Bitcoin tell us about BTC’s role in DeFi? Of the ~$7B of BTC on AAVE’s Ethereum deployment, only about $220m is being borrowed at a rate of less than 0.25%. This contrasts with other tokens like ETH and USDC, whose utilizations, borrow rates, and lending

Mars Protocol 🔴

I borrowed $ETH using $ATOM as collateral on Mars Protocol... And for some reason I'm still alive and well. Maybe this circuit breaker saved me? ? If I can survive this, I'll have a lot of respect for Mars.

🛰️ Circuit Breaker Activated The entire Mars Protocol, including Perps, Red Bank, and Vaults, is temporarily halted due to extreme market volatility (>±15% price move within 1h). This means: • No new trades, borrows, or withdrawals can be made • No liquidations occur •

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