MarsDAO
MDAO
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
MarsDAO (MDAO) presents a weak fundamental and operational profile across all assessed metrics. Development output appears stalled or in maintenance-only mode, with no verifiable upgrades, milestones, or active repository releases dating between 2024 and 2026. Data on Community Support was insufficient to score due to a lack of verifiable retrieved sources regarding community channels and governance turnout. From a tokenomics standpoint, MDAO features deflationary burn mechanics, but faces severe opacity with approximately 71.8% of the total supply untracked with undisclosed holders. Governance and team transparency remain low, with no publicly identified leadership and unbuilt decentralized voting mechanisms. Security reviews reflect clean contract hygiene and prior 2022 audits, with no historical hacks, exploits, depegs, or regulatory enforcement actions identified. However, third-party assessments flag the asset as high risk amid holder centralization (top major holders controlling ~25.8%), stale audit coverage, low trading volume ($4.4K–$20.5K), a micro-cap valuation, and an unrecovered ~98% price drawdown from its 2023 all-time high.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About MarsDAO (MDAO)
MarsDAO (MDAO) is a Web3 ecosystem project deployed on the BNB Smart Chain (BSC). Operating under a registered corporate entity in Tallinn, Estonia, the platform is designed to support a series of decentralized applications and utility tools, including Auto.farm, the MDAO Telegram Wallet, and MDAO Maker. The native MDAO token serves as the primary utility asset within the ecosystem, facilitating access to these services and offering indirect governance participation through GMDAO.
The MDAO token has a fixed total supply of 100,000,000 tokens and incorporates deflationary mechanisms, including minute-level token burns and fee-funded buy-and-burn functions. In early 2022, smart contracts associated with the project underwent security audits by Paladin, CertiK, and Zokyo, with CertiK evaluating the MarsDaoAutoFarm contracts. While on-chain token scans reflect standard contract hygiene without mint functions or transfer taxes, third-party security reviews have flagged historical audit findings and holder concentration, with major holders accounting for approximately 25.8% of the supply.
The project faces significant operational, transparency, and market risks. MarsDAO has experienced an unrecovered price crash of approximately 98% from its all-time high of $0.6465 recorded in February 2023, accompanied by low 24-hour trading volumes and micro-cap liquidity. Furthermore, development output appears stalled or limited to maintenance mode, with no documented code releases, major upgrades, or active milestones between 2024 and 2026. Governance remains largely centralized and unbuilt, the core leadership team is not publicly disclosed, and roughly 71.8% of the total token supply is categorized as untracked with undisclosed holders.