MahaDAO to List MAHA and ARTH with BitMax.io

Updated on Feb 18, 2021 at 7:48 am UTC by · 2 min read

BitMax.io has announced the listing of MahaDao under the trading pair of MAHA/USDT and ARTH/USDT.

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of MahaDao under the trading pair of MAHA/USDT and ARTH/USDT on Feb 15 at 9:00 a.m. and 10:00 a.m. EST.

MahaDAO is a set of DeFi protocols governed by a decentralized autonomous organization. Its smart contract-controlled vaults are used to mint ARTH, a decentralized algorithmic stablecoin that maintains buying power irrespective of which direction the market moves. Different from USDT and Dai, ARTH is pegged against various uncorrelated assets, seeking to provide users a stable intrinsic value that will not be affected by inflation.

MAHA is a governance token within the ARTH ecosystem. Community members can use MAHA to vote on saving rates, stability fees, strategies, and future actions to collectively manage the parameters which in turn can help supporting the value stability of ARTH.

The MahaDAO team brings together entrepreneurs from the media, artificial intelligence (AI), and venture capital industry with broad-based exposure to blockchain projects. Backed by leading investment companies, MahaDAO just launched MahaSwap, an innovative new DEX with ARTH incentives that will allow users to stake LP tokens for a higher APY. MahaDAO is on track to launch its ARTH CDP Portal during the first quarter of 2021.

About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust and innovative design ranging from cash and margin trading, derivatives trading, staking products, to other investment solutions.

For more information and updates, please visit BitM.ax.io’s Twitter, Telegram, and Medium.

About MahaDAO

MahaDAO is a set of DeFi protocols governed by a decentralized autonomous organization. Its smart contract-controlled vaults are used to mint ARTH, an innovative stablecoin that maintains buying power irrespective of which direction the market moves. MAHA is a governance token within the ARTH ecosystem that enables community members to vote on saving rates, stability fees, strategies, and future actions.

For more information and updates, please visit MahaDAO’s Twitter, Telegram, Medium, and Reddit.

Share:

Related Articles

SEC’s New Rules Extend Oversight to Crypto and DeFi

By February 7th, 2024

The adoption of these rules comes amidst a broader regulatory push aimed at bringing greater clarity and oversight to the cryptocurrency industry.

Fidelity Predicts Stablecoins and DeFi Resurgence Ahead of Fed Rate Cuts

By January 15th, 2024

Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields.

CFTC Advisory Committee Recommends Better Understanding of DeFi

By January 9th, 2024

The CFTC advisory committee has voted that a report be delivered to the commission and other regulators to review the DeFi sector, as well as the current laws relating to it.

Exit mobile version