Marsbase, a decentralized OTC trading platform, has added over 1,000 tokens for P2P transactions 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 unlimited OTC orders.

The platform provides access to the OTC market for retail traders and allows large orders to be executed in partial trades for an unlimited number of participants.

“We have created a platform not only for whales, cryptocurrency venture funds, miners and liquidity providers, but also for retail investors. Marsbase has launched secondary markets for 50% of assets in BNB Chain and Ethereum. “We are working on scaling this solution to other protocols,” said Denis Isaulov, COO and platform product director.

Transactions occur at a fixed rate with no slippage and do not affect the price of the tokens. Marsbase operates agentless operations using smart contracts on BNB Chain and Ethereum.

The platform team is working on integrations with decentralized exchanges and DEX aggregators. Its purpose is to synchronize transactions with market price impact of more than 1%.

“The OTC market is not interested in transactions up to $100,000 in mid- and small-cap assets. These transactions go directly to liquidity pools and centralized exchanges – a few big exits from young DeFi projects could be disastrous for them, especially in the bear market,” says Denis Isaulov.

Also, Marsbase has developed a protocol for trading vested assets. Token holders and project founders will be able to manage the program willspeed up and slow down, you can also resell your allocations on Marsbase.

Marsbase is currently selling native MBase tokens as part of a seed funding round. The project team reports on the progress of the token sale on the Marsbase Telegram channel.

waistcoat allotments The platforms will be fully traded and managed. This approach will allow early investors to exit the project at any time without affecting the token price.

Recall that last month Marsbase introduced the ADAM-X NFT collection. Token holders receive bonuses on the platform, including discounts on trading fees and access to closed whale communities.

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