March 3rd Announcements at the End of Mars Project pBTC35A Observation

Mars Project
Mar 3, 2023

pBTC35A has remained unprofitable for over five months owing to the low price and insanely high difficulty of Bitcoin. Given the situation that would likely deteriorate, the team believes it is wise to buy back pBTC35A from the community instead of extending the current observation period that fits better in the interest of pBTC35A holders.

pBTC35A holders will be able to exchange their pBTC35A for USDT on the official Mars website as easily as executing an on-chain assets swap. We will release a Medium article providing details on pBTC35A buyback plan as well as future operations soon.

Mars Team

March 3rd, 2023