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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

Singapore Market Stats

Market cap

S$14.7M

Volume (24h)

S$412,979.84

Circulating supply

4.4M MAHA

All time high

S$34.79

Price change (1h)

+1.39%

Price change (24h)

+2.48%

Price change (7d)

+4.22%

Singapore News about MahaDAO

BeInCrypto • May 02, 24

Morgan Stanley Chief Executive Leaves for Crypto

Former Morgan Stanley COO Jeremy Huff embraces blockchain's potential in new role at blockchain VC No Limit Holdings.The post Morgan Stanley Chief Executive Leaves for Crypto appeared first on BeInCrypto.

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Decrypt • May 02, 24

PayPal Expands Crypto Offerings With MoonPay Integration

PayPal has linked up with MoonPay to offer its millions of users access to over 100 cryptocurrencies

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The Block • May 02, 24

MoonPay integrates PayPal to allow US users easier access to crypto purchases and sales

MoonPay and PayPal announced today that users in the U.S. can now buy and sell more than 110 cryptocurrencies with PayPal.

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CoinDesk • May 02, 24

Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App 'Kiosk'

Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror's team to operate as an independent company focused exclusively on social media.

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CoinDesk • May 02, 24

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.

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The Defiant • May 02, 24

Solana Launches GameShift API on Google Cloud

Solana has steadily deepened ties with Google Cloud since onboarding the company as a validator in November 2022.

Read more

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MahaDAO is on the rise this week.

The price of MahaDAO has increased by 1.39% in the last hour and increased by 2.48% in the past 24 hours. MahaDAO’s price has also risen by 4.22% in the past week. The current price is S$3.34 per MAHA with a 24-hour trading volume of S$412.98K. Currently, MahaDAO is valued at 90.39% below its all time high of S$34.79. 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 SGD 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 S$14.72M. 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 S$34.79. 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 S$412.98K.

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.