MahaDAO
MahaDAO is a decentralized autonomous organization (DAO) created on the Matic Network and administered and regulated by users of the MAHA community. Holders of tokens play an essential part in working and preserving the decentralized entity in this case.
$MAHA and $ARTH are the two most essential tokens in the community.
$MAHA
MAHA is the coin owned by prominent figures of the Maha community. It plays a significant part in the ecosystem's operations and overall growth.
It is a democratic coin that gives room for users to take critical ecosystem choices. Users are responsible for maintaining the ARTH value coin (see below) steady at all times, irrespective of the conditions that might be popularly adopted in the world.
$ARTH
The ARTH Valuecoin is the world's first stablecoin, specially intended to keep its asset value eternally. The MAHA group hopes to use it to alter the present bloated economic structure.
While there are several stable coins in the crypto realm, the fact is that these stablecoins are pegged to the US Dollar, which is likewise subject to inflationary and depreciatory trends. In reality, just 35% of US Dollars were produced in 2021, with additional issuing activities scheduled for 2021.
$ARTHX
The ARTHX token is a deflationary token designed to absorb the volatility of the ARTH token and Keeping the ARTH token stable. It is a deflationary token. On transfers made by the ARTHX holders, a 10% fee is charged that rewards the long-term ARTHX holders and liquidity providers. It will also be used in rewarding the community and also during the buyback events.
What is a value coin?
A value coin is an unstable coin in terms of price but is steady in terms of cost compared to a stablecoin. Valuecoins' fundamental purchasing abilities are never eroded. For instance, suppose a commodity like Toy Car costs 3 ARTH; its price will not be higher than that in the future. This implies that the price of similar Toy Cars will remain the same five years or even ten years from today.
MAHA's development team has managed to do this by altering MakerDAO's reserves. The stablecoin vault regulates, assisting in managing securities that may be trapped in it while also helping in the consistent generation and backing of the ARTH coin.
Key features of MahaDAO
It is projected for the MahaDAO ecosystem to include the following elements:
- There are no payments for transactions - Users will be able to engage in receiving and sending ARTH without paying a penny.
- Transactions are completed quickly - The MahaDAO transactions operate at a very high speed. The time spent for an actual transaction is three seconds. Still, the developers are working towards making their transaction speed rank amongst the fastest in the crypto world.
- Efficient user interface - Many crypto project leaders have been inattentive to their consumers' experiences. Many developers put the execution of a game-changing idea well over the satisfaction of their consumers.
MahaDAO, on the other hand, considers the experiences of users as extremely serious and strives to achieve a frictionless and fun-filled platform.
Wrapping up
Year after year, the purchasing capacity of paper money deteriorates. Items that are currently priced at $1 will be priced more than that in few months.
Meanwhile, cryptosystem proposes stablecoins whose value depends on the value of the fiat. The lowdown is that it gets affected by the depreciation of the fiat. In contrast, MahaDAO's concept of value coin with constant purchasing power comes into play.
