Get up to $200 for getting started
Coinbase Logo

Buy MahaDAO with Coinbase Wallet

MahaDAO can be traded using Coinbase Wallet, your key to the world of crypto.

About MahaDAO

MahaDAO (MAHA) is a decentralized community-driven token built on Binance Smart Chain (BSC), Ethereum, and Polygon. The MAHA platform aims to fight depreciation and help the token holders never lose their financial independence. Besides this, MahaDAO seeks to introduce ARTH coin, i.e., a new kind of currency that helps maintain the individuals' purchasing power.

MahaDAO, a decentralized autonomous organization (DAO), aims to be one of the first value coins to preserve purchasing power. The platform is a non-depreciating algorithmic token built on Layer 2 protocols. Non-depreciating algorithms are the assets that do not lose value and follow a set of rules for calculations. The MahaDAO protocol aims to derive its value from a basket of uncorrelated assets and their relative weights automatically adjusted by trading in response to the change in prices.

MahaDAO uses two tokens: MAHA and ARTH coins. MAHA is the ticker name for the MahaDAO protocol. MAHA is a governance token built on the Ethereum ERC-20 token type standards. Besides this, MAHA is also a utility token that regulates ARTH coins. Apart from this, MAHA token holders influence ARTH in scenarios like stability fees, protocol direction and strategy, and improved proposals that optimize the protocol.

Meanwhile, ARTH is the ticker name for ARTH coins minted by the MahaDAO protocol. ARTH is a stablecoin that follows the standards of the ERC-20 type built on Ethereum. Moreover, ARTH coins aim to be relatively stable and not be pegged to traditional currencies. The feature of being stable seeks to help the coin remain immune from inflation.

According to the MAHA whitepaper, the key fundamentals that aim to make the MahaDAO protocol unique are:

According to the roadmap of MahaDAO, the concept whitepaper was released in Quarter 1 of 2021. The release of the concept whitepaper was led by the core team, including Steven Enamakel and Pranay Sanghavi, the creator and cocreator, respectively; Sagar Behara and Yash Agrawal, the blockchain developer; and many others.

Tokenomics of the MahaDAO suggests that the maximum total supply of MAHA tokens from December 17, 2020, seeks to be 10 million with 2% inflation after ten years. In contrast, the maximum total supply of ARTH coins aims to be elastic, i.e., it depends on the demand and supply of the token in the market.

Market

Australia Market Stats

Market cap

A$16.2M

Volume (24h)

A$562,115.70

Circulating supply

4.4M MAHA

All time high

A$39.17

Price change (1h)

+0.26%

Price change (24h)

-1.67%

Price change (7d)

+2.81%

Australia News about MahaDAO

The Block • May 02, 24

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X.

Read more

News Article Image

Bitcoin Magazine • May 02, 24

Texas A&M Professor to Launch Bitcoin Research Institute

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

Read more

News Article Image

Decrypt • May 02, 24

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

Read more

News Article Image

BeInCrypto • May 01, 24

Celestia (TIA) Price Targets $7 as Investors Pull Back

Celestia's price is in a potential reversal stage and could so so only if the altcoin manages to bounce off these key.The post Celestia (TIA) Price Targets $7 as Investors Pull Back appeared first on BeInCrypto.

Read more

News Article Image

Bitcoin Magazine • May 01, 24

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

Read more

News Article Image

The Block • May 01, 24

Aave Labs debuts V4 roadmap in series of governance proposal

Aave Labs unveiled its plans for Aave V4, holding up its long list of new and improved protocol features up to public scrutiny.

Read more

News Article Image

Related Assets

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

MahaDAO is on the rise this week.

The price of MahaDAO has increased by 0.26% in the last hour and decreased by 1.67% in the past 24 hours. MahaDAO’s price has also risen by 2.81% in the past week. The current price is A$3.69 per MAHA with a 24-hour trading volume of A$562.12K. Currently, MahaDAO is valued at 90.57% below its all time high of A$39.17. This all-time high was the highest price paid for MahaDAO since its launch.

The current circulating supply of MahaDAO is 4,391,496 MAHA which means that MahaDAO has as total market cap of 4,391,496.

FAQ

What is the current price of MahaDAO?

We update our MahaDAO to AUD currency in real-time. Get the live price of MahaDAO on Coinbase.

What is the market cap of MahaDAO?

The current market cap of MahaDAO is A$16.24M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MahaDAO?

The all-time high of MahaDAO is A$39.17. This all-time high is highest price paid for MahaDAO since it was launched.

What is the 24 hour trading volume of MahaDAO?

Over the last 24 hours, the trading volume of MahaDAO is A$562.12K.

How many MahaDAO are there?

The current circulating supply of MahaDAO is 4.4 million.

Can I buy MahaDAO on Coinbase?

Yes, MahaDAO is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy MahaDAO guide.