Jose Macedo: Mars Protocol – Red Bank' Credit on Cosmos via Osmosis

The end of 2022 and beginning of 2023 were marked by centralised institutions failing: from CEXes to CeFi itself, contagion spread quickly in over-leveraged and opaque entities. Amidst this chaos, (crypto)people turned their hopes, once again, to DeFi. However, in lack of traditional enforcing mechanisms, not even battle-tested decentralised lending protocols could find a solution to provide under-collateralised loans, aka credit. Mars Protocol, with its unique hub & outposts architecture, aims to answer this need in the Cosmos ecosystem, by deploying on Osmosis and tapping into its deep liquidity. From manual leverage to credit and yield farming, Mars will feature a wide suite of DeFi products.

We were joined by Jose Macedo, founder of Delphi Labs, to discuss the history of Delphi Digital, their learnings from incubating projects and the vision behind Mars’ ‘Red Bank’ DeFi products.

Topics covered in this episode:

• Jose’s background
• Delphi Digital’s history
• Incubating projects on Solana and Terra
• Learning from Terra
• The vision behind Mars Protocol
• Mars’ DeFi suite
• Different risk parameters and collaterals
• Mars’ module architecture (outposts) in the Cosmos ecosystem
• How Mars Protocol differs from Osmosis
• Mars Protocol roadmap & Mars v.2
• Ecosystem accelerator

Episode links:

• Jose Macedo on Twitter
• Delphi Labs on Twitter
• Delphi Digital on Twitter
• Mars Protocol on Twitter
• Astroport on Twitter
• Osmosis on Twitter

This episode is hosted by Brian Fabian Crain & Felix Lutsch. Show notes and listening options: epicenter.tv/493