USD Mars USDM

USD Mars price today is $0.444642 with a 24-hour trading volume of $1,952.87. USDM price is down $0.289% in the last 24 hours. It has a circulating supply of 0 USDM coins and a total supply of 28,878,385.

The fundamental issue within most current stablecoin protocols is positive externality. The cost of producing and maintaining stablecoins are incurred by the protocol and its users (minters, share holders, bond holders). Whereas the majority of the value comes from the transaction of stablecoins within DeFi primitives and is captured by these DeFi primitives. Mars Ecosystem solves this problem by integrating the creation and the use of stablecoin into one stable yet decentralized ecosystem. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect.