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About MarsDAO

MarsDAO (MDAO) is a Web3 community that aims to equip users with educational, infrastructure, and decentralized products with deflationary mechanisms. The community is built around its native MDAO token. MarsDAO's primary mission is to assist individuals in navigating the complex FinTech and Blockchain environment, enabling them to utilize their knowledge and ease their transition into the world of digital assets. MarsDAO aims to provide cryptosphere users with the necessary tools and knowledge, thereby bringing mass adoption closer. The community values flexibility, autonomy, and a high degree of responsibility in its work.

MarsDAO operates on a community-driven model, with its native MDAO token at the core. The MDAO token is designed with a deflationary model, which means that the token supply decreases over time. This model is integrated into each product within the MarsDAO ecosystem. MarsDAO products aim to generate transparent outcomes in the cryptocurrency market, facilitate interaction with the rapidly evolving market, and curb inflation with the MDAO token's deflationary model. The community makes all decisions within the MarsDAO ecosystem through a voting process, fostering a decentralized management system.

MarsDAO provides a variety of use cases for its users. The MDAO token can be used to earn rewards from staking in partner project tokens, participate in lotteries, and receive compensation from staking tiered NFTs for early project joiners. Additionally, the token can be used in farming pools on decentralized exchanges, participate in liquidity provision, and on the MDAO Maker platform. MarsDAO also provides a range of products within its ecosystem, including Auto.Farm, a contract platform for enhancing farming outcomes, and MDAO Wallet, a platform-based cryptocurrency wallet with extensive features.

The transition to the community-driven MarsDAO platform began in Q1 2022, with the platform token released on a well-known blockchain network. The MDAO token reached its maximal supply and implemented its deflationary model according to MDAO principles. As of November 2022, the MarsDAO community accounted for more than 17,000 users who understand the principles of Web3 technology and the decentralized finance sector. The community has project development plans, as evidenced by the growth dynamics of the MDAO community and a clear, upscale roadmap. The platform's main contracts have passed security audits at Certik and Paladin, aiming to maintain the integrity of the MarsDAO ecosystem.

Market

Canada Market Stats

Market cap

CA$12.6M

Volume (24h)

CA$63,551.39

Circulating supply

70.6M MDAO

All time high

CA$0.89

Price change (1h)

+0.21%

Price change (24h)

-2.91%

Price change (7d)

-15.01%

Canada News about MarsDAO

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Decrypt • May 01, 24

If the SEC Thinks Ethereum Is a Security, Are ETH ETFs Doomed?

It’s now looking like a long road ahead for ETH to come to Wall Street. But that’s a surprise to few.

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Blockworks • May 01, 24

Vitalik Buterin talks ways to make zk proofs more efficient

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Decrypt • May 01, 24

What Is Notcoin? The Telegram-Based Game, NOT Token, and Future Plans

UPDATED: When is the NOT token actually launching? Here's the latest, along with everything else you need to know about Notcoin.

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BeInCrypto • May 01, 24

Bitcoin, Ethereum, Solana Rebound as Fed Chair Jerome Powell Speaks

Cryptocurrencies like Bitcoin, Ethereum, and Solana rallied following the Fed's decision to maintain interest rates, reflecting investor confidence in a stable economic outlook.The post Bitcoin, Ethereum, Solana Rebound as Fed Chair Jerome Powell Speaks appeared first on BeInCrypto.

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The Block • May 01, 24

Memecoins look to be getting a second life

Earlier in the month it seemed like the memecoin sector’s flourish was diminishing, but it looks to be getting a second life this past week.

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MarsDAO is on the decline this week.

The price of MarsDAO has increased by 0.21% in the last hour and decreased by 2.91% in the past 24 hours. MarsDAO’s price has also fallen by 15.01% in the past week. The current price is CA$0.18 per MDAO with a 24-hour trading volume of CA$63.55K. Currently, MarsDAO is valued at 79.85% below its all time high of CA$0.89. This all-time high was the highest price paid for MarsDAO since its launch.

The current circulating supply of MarsDAO is 70,599,019.82 MDAO which means that MarsDAO has as total market cap of 70,599,019.82.

FAQ

What is the current price of MarsDAO?

We update our MarsDAO to CAD currency in real-time. Get the live price of MarsDAO on Coinbase.

What is the market cap of MarsDAO?

The current market cap of MarsDAO is CA$12.63M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MarsDAO?

The all-time high of MarsDAO is CA$0.89. This all-time high is highest price paid for MarsDAO since it was launched.

What is the 24 hour trading volume of MarsDAO?

Over the last 24 hours, the trading volume of MarsDAO is CA$63.55K.

What other assets are similar to MarsDAO?

Assets that have a similar market cap to MarsDAO include Nestree, PIBBLE, Cryptex Finance, and many others. To see a full list, see our comparable market cap assets.

How many MarsDAO are there?

The current circulating supply of MarsDAO is 71 million.

Can I buy MarsDAO on Coinbase?

Yes, MarsDAO is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy MarsDAO guide.