🛰️ MARS V2 DEPLOYED Mars v2 is officially live 🟢 on ! Deploy your first Rover credit account now at or see how Rovers work in ~30 seconds in the thread below 🔻

1/ The 30-Second Rover Operator’s Manual (bookmark it now 🔖) 🔻

2/ Rover credit accounts are DeFi’s answer to subaccounts on CEXes. Think of them self-contained worlds for enabling leverage. Simply fill your Rover with assets (longs, shorts, margin trades – even LP tokens!), then you can use those assets as collateral to borrow more.

3/ Explorers can deploy Rovers to engage in: ▶️ Spot trading ▶️ Margin trading ▶️ Leveraged LPing ▶️ Lending and borrowing And every position in your Rover acts as collateral for additional borrowing.

4/ While most composability in DeFi today happens with spot or staked assets, Mars v2 even lets you collateralize leveraged assets. Literally, everything in your Rover can be used as collateral (cross-collateralized) to borrow from the Red Bank with a single liquidation point.

5/ Audited by @SecurityOak, Rovers were engineered w/ 3 goals: ▶️ Increase capital efficiency ▶️ Improve UX by offering a single place to spot & margin trade, yield farm, borrow, lend & more ▶️ Out-compete CeFi subaccounts by adding yield farming & other on-chain DeFi activities

6/ 🔖 Note for pre-existing Martians: Mars v1 & v2 will continue to coexist on-chain. Existing Farm Vault positions on Mars v1 have been automatically upgraded to v2 credit accounts. All Red Bank deposits and borrowings remain active on Mars v1 and must be migrated manually.

7/ Please read the complete transmission linked below for more on: ▶️ Migrating v1 Red Bank positions ▶️ Rover architecture & advanced trading strategies ▶️ How to claim a special Mars badge, which could potentially unlock future functionality in the app

8/ Then, voyage to the Red Planet to experience the power of Rover credit accounts first hand. Initiate your expedition now:

9/ Know an active trader who might benefit from perhaps the largest boost in capital efficiency in Cosmos’ history? Please rewind and RT now.

10/ 🔴 Some or all features of mars v2 may not be legal to use in certain jurisdictions, including in the United States with respect to leveraged transactions. No person is solicited to use Mars v2 or receiving an offer to enter into any transaction, through this post or otherwise. Users are responsible for ensuring their own legal compliance and may be at risk of serious liabilities for violating their local laws or the laws applicable to other users interacting with them on a peer-to-peer basis through Mars v2. Remember, Cosmos, Neutron, Osmosis and Mars are experimental technologies. This post is subject to and limited by the Mars disclaimers, which you should review:

Excited about the latest tech for your drone product? Our NDAA-compliant, US-made flight controllers are designed to accelerate your path to market and provide a solid platform for developing your autonomous software. Check them out! #Drones #UAV #UAS #Robotics #MadeInUSA