ONTO & Mars Ecosystem are Hosting a Staking Campaign! $4,000 Up For Grabs!

ONTO is partnering with Mars Ecosystem, a decentralized and scalable stablecoin ecosystem.

The ONTO Team
ONTO Wallet
3 min readDec 10, 2021

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Starting tomorrow, December 10th, ONTO Wallet and Mars Ecosystem will hold week-long staking events. Users who participate in the staking events will be rewarded up to $4,000.

Participating users only need to stake $30 XMS to share $3,000 of XMS. On top of that, participating users who become the top 20 stakers will be eligible to gain a share of additional $1,000 XMS.

Event Period: Dec. 10th (9:00 UTC) — Dec. 17th (9:00 UTC)

Activity: Install ONTO Wallet, stake XMS in Mars Ecosystem’s BNB Pool via ONTO.

FOLLOW the instructions below or this video tutorial to learn how to stake.

Stake & Earn

We set up a prize pool of $3,000 for the first 200 participating users who participated in the event.

Participating users will be eligible to receive $15 worth of XMS by becoming one of the top 200 users who stake at least $30 of XMS in the Mars Ecosystem’s BNB pool through ONTO Wallet and hold it until the end of the event.

Become the Top XMS Staker

The user who obtains the highest XMS staking through ONTO Wallet will receive 100 ONG!

If you are not number one, don’t worry. You can still win ONG if you are in the top 20.

For a complete breakdown of bonuses, please refer to the table below:

Notes:

  • All ONTO users can participate but each ONT ID/device is counted only once.
  • ONG from ONG lottery is an OEP-4 asset; only ONT ID wallets are eligible to win ONG rewards.

About Mars Ecosystem

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.

About ONTO Wallet

ONTO is the first truly decentralized, cross-chain wallet, allowing users to securely manage their identities, data, and digital assets. ONTO users can manage their crypto assets (including NFTs), perform cross-chain swaps, keep up-to-date with the latest industry latest developments and events via the ONTO news feed, and enjoy access to a variety of dApps.

With ONTO Wallet, users can create an ONT ID, a decentralized digital identity that fully protects their private data through an encryption algorithm and enables one-click multi-chain wallet address creation and management. Users worldwide can download ONTO Wallet now via onto.app or their mobile app store. Desktop users can also install ONTO Web Wallet for Google Chrome.

For further details, questions or comments, follow us on Twitter, join our Telegram or contact us.

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