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MarsDAO is a web3-based community of users focused on educational, infrastructure and decentralized products centered on its deflationary native MDAO token.

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 (DAO) for effective operations and decision-making. These DAOs foster a truly decentralized approach to governance by giving stakeholders a say in the ecosystem's growth and direction. BitDAO and MakerDAO are currently among the biggest DAOs in the cryptocurrency market, having found success in utilizing a community-driven governance model to ensure stability and transparency in their operations.

Another DeFi DAO project that’s quickly gaining traction and worth noting is MarsDAO. Let's take a closer look at this up-and-coming project that’s poised to make its mark in DeFi.

-based community of users focused on educational, infrastructure and decentralized products centered on its deflationary native MDAO token. 

The multifunctional decentralized platform aims to generate transparent profits, facilitate interaction with the rapidly evolving crypto market and curb inflation using MDAO tokenomics.

The community-driven MarsDAO platform started in Q1 2022 and initially launched on 

 (Formerly Binance Smart Chain). Plans are in place to expand MarsDAO's reach across multiple networks through technological partnerships. 

MarsDAO's native token, MDAO, is based on a deflationary model, with tokens burned every minute as they’re used in the ecosystem's products. 

In this ecosystem, users can participate in governance by exchanging MDAO tokens for GMDAO tokens at a 1:1 ratio. You must have at least 100 GMDAO tokens to create a voting thread, and at least 100,000 GMDAO tokens must be used to vote in order for your thread to be accepted. 

Acquiring GMDAO tokens isn’t mandatory, and depends on individual user choices. Members can vote on matters including allocating grants, adding projects to the MarsDAO platform and modifying the burn rate on Auto.farm.

The MarsDAO ecosystem features three innovative components: Auto.farm, MDAO Telegram Wallet and MDAO Maker. Following is a brief explanation of each.

 is a smart contract re-staking platform that boosts a user's interest by automatically re-staking rewards and liquidity tokens in a single transaction. The harvested rewards are split, with 50% converted into liquidity provider (LP) tokens and the other 50% used to buy MDAO tokens, of which 10% are burned to maintain the deflationary model. 

 integrates the Telegram messaging app. With over 30,000 users, it offers many features, including the storage, exchange, purchase and sale of MDAO tokens and other assets.

 is an online Initial Wallet Offering (IWO) platform that allows users to buy project allocations during seed rounds. You hold your MDAO in the MDAO Telegram Wallet to participate in the IWO process.

Users can explore, subscribe to and participate in projects on the MDAO Maker website. But to subscribe and participate, you must have at least 1,000 MDAO tokens. Your MDAO balance determines the number of tickets you receive. Winning tickets enable users to purchase project allocations, after which tokens are distributed based on vesting dates or lockup conditions. 

The MDAO token is MarsDAO's community token. As a utility token, it gives its holders access to MarsDAO ecosystem products such as Auto.farm and MDAO Maker. It has a total supply of 100 million and a current circulating supply of over 66 million tokens (as of Apr 10, 2023).

MDAO offers multiple advantages to its holders, such as earning rewards from staking, through lotteries and LP Auto.farm, and receiving returns on staking tier NFTs for early project adopters who possess MDAO-tier NFTs.

As of Apr 11, 2023, the price of the MDAO community token is approximately $0.30. This is 400% higher than the all-time low of $0.059 on Jun 20, 2022. The maximum price of the token was recorded on Feb 10, 2023, when it peaked at $0.627.

, the price will remain relatively stable throughout the year, fluctuating between $0.29 and $0.48, and growing slightly to $0.62 by the end of 2025. This price trajectory is 

, which forecasts the average price at $0.39 by year end, reaching a high of $0.45 and rising to an average of $0.75 in 2025. 

Despite the short-term outlook, token holders can expect MarsDAO to achieve new highs in the coming year. According to PricePrediction, its price may reach around $5 by 2030, which makes it a worthwhile long-term investment.

That said, price predictions may not be accurate and should not be treated as investment advice. Because of the crypto market's extreme volatility, always do your own research before investing in any crypto token. 

You can get MDAO on multiple exchanges. For instance, you can buy it in the 

). To buy MDAO, go to the PancakeSwap website and connect your MetaMask wallet. The next step is choosing the BUSD/MDAO trading pair, which will enable you to swap MDAO.

If trading through a DEX seems complex, you can also try Bybit, where you can easily purchase the token using USDT. To trade the 

With an expanding presence across various platforms and a growing user base, MarsDAO — a community-led initiative — has the potential to emerge as a major player in the realm of DeFi and web3 tech, thanks to its strategic partnerships and agility in keeping up with the rapidly evolving landscape.

MarsDAO (MDAO): A Web3 Community-Driven DeFi Platform

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