Fun

MahaDAO to List MAHA and ARTH With BitMax.io

News Feed - 2021-02-17 11:02:04

MahaDAO to List MAHA and ARTH With BitMax.io press release


PRESS RELEASE. 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/USDTand ARTH/USDTon Feb 15 at 9:00 a.m. and 10:00 a.m. EST.


MahaDAOis 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 cashand margin trading, derivatives trading, staking products, to other investment solutions.


For more information and updates, please visit:


Website: https://bitmax.io/


Twitter: https://twitter.com/BitMax_Official


Telegram: https://t.me/BitMaxioEnglishOfficial


Medium: https://medium.com/bitmax-io


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:


Website: https://mahadao.com


Twitter: https://twitter.com/TheMahaDAO


Telegram: https://t.me/MahaDAO


Medium: https://medium.com/mahadao


Reddit: https://www.reddit.com/r/MahaDAO/


 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com MINING | 2 hours ago xSigma Prepares to Launch Its Stablecoin DEX With Major Backers PRESS RELEASE | 3 hours ago Tags in this story ARTH, BitMax.io, MAHA, MahaDAO


Image Credits: Shutterstock, Pixabay, Wiki Commons Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here.

News Feed

Australia tries again to combat ‘future sectors’ crypto scams
Arijit Sarkar2 hours agoAustralia tries again to combat ‘future sectors’ crypto scamsThe “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and priv
Tom Mitchelhill4 hours agoAre Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh inWhile unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could
Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
Stablecoin GUSD"s Supply Jumps Close to 130% Higher in 30 Days While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
UAE Launches "Financial Infrastructure Transformation" Program; CBDC Among 9 Key Objectives On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the lau
NY judge approves $12.7B settlement between FTX, Alameda and CFTC
Tom Mitchelhill4 hours agoNY judge approves $12.7B settlement between FTX, Alameda and CFTCUnited States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, me
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conduct
Derek Andersen2 hours agoFTX deposits went to account controlled by Alameda for months, Yedidia testifiesYedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned
20% of Binance’s new hires this year will be in compliance, says CEO
Martin Young3 hours ago20% of Binance’s new hires this year will be in compliance, says CEOThe company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. 635
Strategists: US Dollar’s Reserve Currency Status Eroding at ‘Alarming Pace’
Strategists: US Dollar"s Reserve Currency Status Eroding at "Alarming Pace" Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar’
Mt. Gox transfers $335M in Bitcoin to Bitstamp, unknown wallet
Josh O"Sullivan1 hour agoMt. Gox transfers $335M in Bitcoin to Bitstamp, unknown walletMt. Gox transferred 5,106 BTC to Bitstamp and an unknown address, with 2,869 BTC rapidly moving through multiple wallets.1852 Total v
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to t