🚀 Mars Protocol announces the deployment of 200,000 ATOMs to Mars Protocol Red Bank on the Neutron network! This move, implemented under Cosmos Hub Proposal #945, resulted in a significant decrease in ATOM lending rates to approximately 1.38% annualized. This is expected to drive more user adoption and DeFi activity within the Cosmos ecosystem, supporting multiple advanced DeFi strategies such as leveraged staking and single-sided LP vaults. What do you think of this operation? Welcome to share your views in the comment area! 💬#blockchain#DeFi #Cosmos