Mars Protocol announced that after a successful governance vote, its Red Bank platform on the Neutron network has increased the $dATOM deposit limit from 50,000 to 150,000. This decision was implemented through the MRC-115 proposal.

It is reported that $dATOM is a liquid staking derivative of ATOM tokens provided by Drop Protocol. Mars Protocol said that as Drop Protocol continues to incentivize the use of dToken, it is expected that more users will need to use $dATOM as collateral in Red Bank.