MARS

What is Mars Project?

The protocol consists of pBTC35A and MARS. Each pBTC35A represents 1TH/s hashrate with pre-determined power ratio, mining rigs would be in Poolin Superhashrate’s custody during life cycle. While net profit on wBTC would be distributed per block.

In the first batch, Poolin Superhashrate would provide 50,000 pBTC35A (approximately 50PH/s) hashrate certificates for Bitcoin (output with wBTC) mining in this protocol and lock up more than 50PH/s machines physically.

Two ways to obtain pBTC35A, inhouse store or Uniswap (token address: 0xA8b12Cc90AbF65191532a12bb5394A714A46d358). ETH and other PoW mining hashrate certificates coming soon but no firm schedule yet.

Alongside the pBTC35A, Mars Project will unlock its governance token, MARS (2.1bn MARS in total, linear released from Jan 1st, 2021 to 31st, Dec 2024), distribute to the community as a reward for staking and liquidity providing.

Below we list parameters that you may concern on mining:

Electricity fee rate: $0.0583/kWh

Mining pool fee rate (FPPS): 2.50%

Power ratio: 35W/T

How Mars Project works?

To participate Mars Project, purchase pBTC35A from inhouse store (Basic KYC needed) or Uniswap, then carry pBTC35A to BTC Gold01 or BTC Gold01(LP) to realize PoW mining and gain reward. Either way can get same on wBTC while different on MARS. Check the annual MARS distribution chart below.

BTC Gold01 (requires pBTC35A)

Step 1: Stake pBTC35A in the BTC Gold01 to earn wBTC and MARS

BTC Gold01(LP) (requires both pBTC35A and USDT)

Step 1: Purchase pBTC35A and equivalent value USDT.

Step 2: Provide liquidity to pBTC35A USDT pair on Uniswap V2. The bottom of the page attaches a LINK redirecting you to the liquidity providing page, allowing for easy participation.

Step 3: After providing liquidity through Uniswap, go back to the pool page and approve pBTC35A USDT-UNI-LP v2 to deposit LP tokens and then earn wBTC and MARS

MARS Diamond (requires both MARS and USDT)

Step 1: Purchase MARS and equivalent value USDT.

Step 2: Provide liquidity to MARS USDT pair on Uniswap V2. The bottom of the page attaches a LINK redirecting you to the liquidity providing page, allowing for easy participation.

Step 3: After providing liquidity through Uniswap, go back to the pool page and approve MARS USDT-UNI-LP v2 to deposit LP tokens and then earn MARS

Mars is the first Ethereum-based, decentralized standardized hashrate protocol. Mars Project combines standardized hashrate product and liquidity mining together, packing PoW mining into an on-chain protocol. It provides a consistent PoW mining output which could be acutely calculated in the very beginning, offering an edge for users on mining stability. No more complicated variables on daily mining from now on. On the other hand, MARS would be distributed to users in this project. Earning reward from staking and liquidity providing (LP), shorten the distance of DeFi to Bitcoin community.