AN OVERVIEW OF THE SPEED TRAIN: MAHADAO
MahaDAO is a community-powered, decentralized autonomous organization on a mission to empower billions to preserve their purchasing power through the world’s first valuecoin, ARTH.
One would be doing oneself a great favour by joining the majority others in subscribing to the MahaDAO project.
This from research is an inclusive project for all. MAHA and ARTH are the future for cryptocurrencies.
Ok now, let’s get a closer tour on this gem project:
ARTH is a decentralized algorithmic stablecoin that combines the best features of basket pegged stablecoins and elastic stablecoins to create the world’s first value stable cryptocurrency.
MAHA is the governance and utility token that regulates the ARTH value coin and enables token holders to rule on a number of items such as:
- savings rates
- stability fees
- protocol direction and strategy
- ARTH improvement proposals.
It is imperative to say that the core pillars which drive the stability of the ARTH Coin are:
- GLOBAL MEASUREMENT UNIT(GMV) — The algorithm which maintains the basket of asset in the ARTH ecosystem. It ensures and maintains the purchasing power of MAHA and ARTH against the inflectional price of dollar.
- ARTH BOND — Elastic stable coin seigniorage governing the mining and burning of new ARTH tokens.
- MAHA SWAP — Mahaswap is a replica of uniswap and its migration contracts are a fork of sushiswap. So they offer a safe, audit proofed and trusted environment. The platform maintains the price tag of ARTH and MAHA.
Hurray and congratulations if you have joined us so far through the read. One would realise from the above, the genuine prospect of MahaDAO.
With the ever engaging community on twitter, medium, telegram, reddit, github, forum and vote, MahaDAO projects have become not just an end product but a community for all. The mahaDOA project also becomes a lifestyle to users enabling friends to share and exchange ideas that promote growth and development.
Community members need not worry about the safety of their funds and the value of assets held in ARTH tokens. ARTH tokens are stuctured on inflation-free protocols. An excerpt from the WHITEPAPER validates this. It reads:
“In the context of chronic declines in purchasing power and the decentralisation of money, the ARTH ecosystem builds upon MakerDAO’s concept of DAI to pioneer new mechanisms, resulting in a coin that’s both value-stable and a raw measure of an asset’s buying power.
I hereby introduce ARTH, a decentralized algorithmic value-stable coin protocol that aims to maintain, and in some cases even appreciate, the buying power or value of the coin, irrespective of which direction the market moves.
ARTH is able to do this as it is backed to stable collaterals, which are complete hedges of one another, so that if one asset depreciates in buying power, the other assets in turn appreciates, keeping the net buying power of the coin stable.
ARTH uses a special method of measuring an asset’s buying power that’s not tied to any fiat currencies, which in turn makes ARTH inflation-proof.”
Finally, always remember that mahaDOA houses a stronghold of partners. From different exchanges on which they trade on such as BitMax, Uniswap, Bilaxy, Gate.io, Bikex, Biki, Bitmart, Pokaster; to listings in CoinGecko, CoinMarketcap, Delta, Blockfolio, Livecoinwatch etc.
It also holds good partnerships with so many other Dapps/DeFi, investors, blockchain tech companies.
So friends, please hop in and soar with MahaDOA, the winning birds.