Marsbase OTC platform adds support for more than 1,000 tokens

The decentralized OTC platform Marsbase added more than 1,000 tokens for conducting P2P trades on the BNB Chain and Ethereum networks. In the near future, developers will also add support for NEAR Protocol and Polygon.

Marsbase is a decentralized OTC platform for anonymous trading of crypto assets. Its users can participate in auctions, and create OTC orders with no limits.

The platform opens access to the OTC market for retail investors and enables large orders in multi-party trades to an unlimited number of participants.

“We have created a platform not only for whales, crypto venture funds, miners, and liquidity providers, but also for retail investors. Secondary markets for 50% of assets on BNB Chain and Ethereum have been launched on Marsbase. We are working on scaling this solution to other protocols,” said the COO and Product Director of the platform, Denis Isaulov.

Trades occur at a fixed rate with no slippage and do not affect token prices. Marsbase executes operations without intermediaries using smart contracts on BNB Chain and Ethereum.

The team is working on integrations with decentralized exchanges and DEX aggregators. Its goal is to synchronize trades with an impact on the market price exceeding 1%.

“The OTC market is not interested in trades up to $100 000 with mid- and small-cap assets. These transactions go directly into liquidity pools and centralized exchanges — a few large exits from young DeFi projects could be devastating for them, especially in a bear market”, commented Denis Isaulov.

In addition, Marsbase has developed a protocol for trading vesting assets. Token holders and project founders will be able to manage the вестинга, accelerate and slow it, and resell their allocations on Marsbase.

At present, Marsbase продает native MBase tokens as part of a seed funding round. The project team reports on the token sale progress in the Telegram-канале Marsbase.

Vesting аллокации on the platform will be fully tradable and controllable. This approach will allow early investors to exit the project at any time without impacting the token price.

Earlier this month Marsbase presented the NFT collection ADAM-X. Token holders receive perks on the platform, including discounts on trading fees and access to exclusive whale communities.

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