Mars Hub Mainnet to Go Live on January 31st

Mars Protocol, the lending protocol on Terra Classic, is expected to go live on Mars Hub Mainnet on January 31st. At the same time, Mars Protocol will airdrop a total of 64.4 million new $MARS tokens to users who held $MARS at the time of the two historical snapshots on Terra Classic. $MARS tokens will be used to secure the network and govern Hub and outpost features.

Early $MARS delegators will drive the process via governance proposals, starting with the ability to enable IBC for $MARS tokens.