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Mars is a decentralized standardized computing power protocol based on Ethereum. The Mars project combines standardized computing power products and liquidity mining, and packages POW mining into an on-chain protocol. It provides a consistent POW mining output that can be calculated acutely at the outset, giving users an advantage in mining stability. Since then, there are no complicated variables in daily mining. On the other hand, in this project, MARS tokens will be distributed to users. Earn rewards through staking and providing liquidity (LP), shortening the distance between DeFi and the Bitcoin community.
The protocol consists of pBTC35A tokens and MARS tokens. Each pBTC35A token represents 1TH/s Bitcoin computing power with a predetermined power ratio. During the life cycle, the mining equipment will be kept by Poolin Superhashrate. The net profit of wBTC will be distributed by block.
In the first batch, Poolin Superhashrate will provide 50,000 pBTC35A (about 50PH/s) tokens for Bitcoin (output with wBTC) mining in this agreement, and perform physical processing on machines exceeding 50PH/s Locked, there are two ways to obtain pBTC35A tokens, KYC purchase or purchase on Uniswap (token address: 0xA8b12Cc90AbF65191532a12bb5394A714A46d358). ETH and other proof-of-work mining tokens are coming soon, but there is no firm timeline yet.
In addition to pBTC35A, Mars plans to unlock its governance token MARS (a total of 2.1 billion MARS, released linearly, from January 1, 2021 to December 31, 2024), and distribute it to the community as a means of staking and providing liquidity award.
Below we list the parameters you may need to pay attention to when mining:
Electricity Rate: $0.0583/kWh
Mining Pool Fee Rate (FPPS): 2.50%
Power Ratio: 35W/kWh T
Participate in the Mars plan, purchase pBTC35A tokens in the company's internal store (requires basic KYC) or Uniswap, and then carry pBTC35A to BTC Gold01 or BTC Gold01 (LP) to realize POW mining and get rewards. Either way you get the same rewards on wBTC and different rewards on MARS tokens. See the MARS annual distribution chart below.
BTC Gold01 (requires pBTC35A)
Step 1: Bet pBTC35A in BTC Gold01 to earn wBTC and MARS (accounting for 11.11% of the total unlocked amount, distributed proportionally).
BTC Gold01(LP) (requires pBTC35A and USDT)
Step 1: Buy pBTC35A and equivalent USDT. Step 2: Provide liquidity for the pBTC35A USDT pair on Uniswap V2. A link will be attached at the bottom of the page, redirecting you to the page that provides liquidity for your participation. Step 3: After providing liquidity through Uniswap, go back to the pool page, approve pBTC35A USDT-UNI-LP v2 to deposit LP tokens, and then earn wBTC and MARS (44.44% of the total unlocked amount, distributed in proportion).
MARS Diamond (requires MARS and USDT)
Step 1: Buy MARS and equivalent USDT. Step 2: Provide liquidity for MARS USDT pair on Uniswap V2. There will be a link at the bottom of the page redirecting you to the liquidity offering page for your participation. Step 3: After providing liquidity through Uniswap, go back to the pool page, approve MARS USDT-UNI-LP v2 to deposit LP tokens, and then earn MARS (44% of the total unlocked amount, distributed proportionally).