Summary
This proposal aims to upgrade Mars Protocol contracts from version 2.2.3 to 2.3.0. This system upgrade introduces key improvements to the perps engine, a new swapper to support Duality liquidity via Skip Routing, and support for isolated USDC margin accounts — enabling higher leverage and new collateral options.
The release tag can be viewed here: TBA
The full diff of changes can be seen here: TBA
Motivation
This upgrade implements several key improvements to the protocol’s performance and flexibility, including:
- Stop-Loss / Take-Profit Order Improvements: Introducing parent-child order relationships for better SL/TP execution logic.
- Duality Swapper Deployment: Enables access to Duality liquidity via Skip Routing, expanding Mars’ multi-DEX routing capabilities.
- USDC Margin Accounts: Support for isolated USDC collateral — allowing safer leverage profiles and expanding collateral diversity.
These enhancements lay the foundation for more sophisticated trading and strategy design on Mars.
Implementation
This proposal intends to deploy the v2.3.0-perps release. You can view the full diff here:
The following message(s) will be executed by the mars protocol foundation multisig :
{
"@type": "/cosmwasm.wasm.v1.MsgMigrateContract",
"sender": "neutron1ltzuv25ltw9mkwuvvmt7e54a6ene283hfj7l0c",
"contract": "neutron184kvu96rqtetmunkkmhu5hru8yaqg7qfhd8ldu5avjnamdqu69squrh3f5",
"code_id": "4135",
"msg": {
"address_provider": "neutron17yehp4x7n79zq9dlw4g7xmnrvwdjjj2yecq26844sg8yu74knlxqfx5vqv"
}
},
{
"@type": "/cosmwasm.wasm.v1.MsgMigrateContract",
"sender": "neutron1ltzuv25ltw9mkwuvvmt7e54a6ene283hfj7l0c",
"contract": "neutron1qdzn3l4kn7gsjna2tfpg3g3mwd6kunx4p50lfya59k02846xas6qslgs3r",
"code_id": "4136",
"msg": {
"v2_2_3_to_v2_3_0": {
"max_trigger_orders": 30
}
}
},
{
"@type": "/cosmwasm.wasm.v1.MsgMigrateContract",
"sender": "neutron1ltzuv25ltw9mkwuvvmt7e54a6ene283hfj7l0c",
"contract": "neutron17ktfwsr7ghlxzzma0gw0hke3j3rnssd58q87jv2wzfrk6uhawa3sv8xxtm",
"code_id": "4137",
"msg": {}
},
{
"@type": "/cosmwasm.wasm.v1.MsgMigrateContract",
"sender": "neutron1ltzuv25ltw9mkwuvvmt7e54a6ene283hfj7l0c",
"contract": "neutron1n97wnm7q6d2hrcna3rqlnyqw2we6k0l8uqvmyqq6gsml92epdu7quugyph",
"code_id": "4138",
"msg": {}
},
{
"@type": "/cosmwasm.wasm.v1.MsgExecuteContract",
"sender": "neutron1ltzuv25ltw9mkwuvvmt7e54a6ene283hfj7l0c",
"contract": "neutron1qdzn3l4kn7gsjna2tfpg3g3mwd6kunx4p50lfya59k02846xas6qslgs3r",
"msg": {
"update_config": {
"updates": {
"duality_swapper": "neutron1sunrkm9482mn4dvtekk53ns6vvntkrhzh2n36qngyfphjn32t63qy7hp6s"
}
}
},
"funds": []
},
{
"@type": "/cosmwasm.wasm.v1.MsgMigrateContract",
"sender": "neutron1ltzuv25ltw9mkwuvvmt7e54a6ene283hfj7l0c",
"contract": "neutron1g3catxyv0fk8zzsra2mjc0v4s69a7xygdjt85t54l7ym3gv0un4q2xhaf6",
"code_id": "4139",
"msg": {}
}
Copyright
Copyright and related rights waived via CC0.
Disclaimers/Disclosures
This proposal is being made by Mars Protocol Foundation, a Cayman Islands foundation company. Mars Protocol Foundation engages in research and development of the Mars Protocol. Mars Protocol Foundation and certain of its service providers and managers own MARS tokens and have financial interests related to this proposal. The aforementioned persons or their affiliates may also have financial interests in complementary or competing projects or ecosystems, entities or tokens, including NTRN and dNTRN. These statements are intended to disclose relevant facts and to help identify potential conflicts of interest, and should not be misconstrued as a complete description of all relevant interests or conflicts of interests; nor should they be construed as a recommendation to purchase or acquire any token or security.
This proposal is also subject to and qualified by the Mars Disclaimers/Disclosures. Mars Protocol Foundation may lack access to all relevant facts or may have failed to give appropriate weighting to available facts. Mars Protocol Foundation is not making any representation, warranty or guarantee regarding the accuracy or completeness of the statements herein, and Mars Protocol Foundation shall have no liability in the event of losses or damages ensuing from approval or rejection or other handling of the proposal. Each user and voter should undertake their own research and make their own independent interpretation and analysis of all relevant facts and issues to arrive at their own personal determinations of how to vote on the proposal.