We are pleased to announce our next AMA on January 20th 2021 at 11:00 AM UTC Time: Satoshi Club x MahaDAO
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join MahaDAO Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. MahaDAO Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about MahaDAO
For more details:
MahaDAO – @MahaDAO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is the advantage of MahaDAO protocol made partnership with Elrond and Fire Protocol recently? And what is the benefit of this partnership for community and user?
Here are my questions :
1. What is the unique features of this project that makes every investor hold of this project?
2. There are exchanger that is not safe from hackers, what’s the efforts of the team that this project wont be hacked?
3. What are the greatest achievements of MahaDao so far?
We are quite familiar with stablecoin but your project has a second token which is $ARTH — which you have described as the world’s first non-depreciating cryptocurrency known as a “vaulecoin”. Stablecoins are pegged to USD Fiat, but this “Valuecoin” seems to be complex as it is pegged to 80% fiat, 15% gold, 5% Bitcoin. Why is this complexity necessary?What problem are you trying to solve with ARTH and how is $ARTH functionally different from your other token, $MAHA? Will the current ratio of fiat, gold and bitcoin remain constant forever?
Your new token, $ARTH, has an indefinite supply model which will allows it to contract or expand depending on the forces of demand and supply. There are several elastic supply model based on a target price, some are based on number of token holders, while some token rebases based on sell offs. How does your token supply elasticity model work? Which factors and indices does Circulating Supply of $ARTH depend on? Also, What are ARTH bond token and how does it help in rebalancing the ARTH circulating pool?
There is a wallet on your website called “Gasless wallet” which will allow users to transact ARTH in seconds without paying gas fees. The problem of high gas has been a concern for the users of Etherium recently. I know this wallet is not live yet since it is written: “coming soon”. But am curious to know how this wallet will operate securely on a zero fees considering that all network transaction requires the payment of gas to scale through. Also, will the wallet store ARTH only or will be able to store other assets? What features (staking, swaps etc) will this wallet have and will the wallet be web or App based?
What will be the distribution scheme of ARTH Genesis? What are the first steps that users must take to accumulate $ ARTH and be able to claim ARTH based on the group in which they participate? What are the prerequisites for participating in the pool?
The MahaDAO team has committed to allocate at least $1,000,000 from MAHA in building ecosystems for ARTH. What will be the distribution scheme they will use for these MAHA tokens? How does the MahaDao team intend to use the MAHA tokens that will be unlocked for the community?
Today it is becoming increasingly difficult to find a economic safe refuge due to the constant changes that cryptographic markets undergo every day. How does MahaDao encourage users to keep their crypto currencies in their wallets? What are the anti-depreciation tools that your token possesses to become the refuge that many are looking for?
Reading about you I could see that on the MahaDAO platform there are tokens called “community tokens”. What will be the characteristics of these tokens? what will they be used for in your system? will they be associated only with the governance of your project or will they have more uses? how will their price be determined?
You comment that the ARTH valuecoin will begin as a completely elastic stable currency model, but then quickly evolve into a hybrid model. What exactly do you mean by “hybrid model”? What new parameter would you include among the variables that could change the price of the ARTH token?
One of the prerequisites for participating in the $ARHT pool is that you must use a web browser, as the platform does not yet support mobile devices. My question is: When do you expect the MahaDAO platform to be compatible with mobile devices? Is there any company that is collaborating with you in the development of some kind of application for smartphones?
MahaDAO, is a DAO that supports ARTH, an algorithmic decentralized valuecoin. If ARTH does not have a maximum supply, how is it generated?
I understand that a total of 10 million MAHA tokens will be minted at genesis, which will be accessible over the course of 10 years. Isn’t it a lot that they think to coin? Wouldn’t you be damaging the token yourself?
My understanding is that rewards are allocated based on the activity of community participants within the ARTH ecosystem. In what places or things can the community participate to be rewarded?
Liquidity is the lifeblood of emerging protocols like MahaDao and to stimulate the ARTH ecosystem, what strategies does the platform implement for users to earn MAHA tokens and increase their liquidity?
The Liquidity Farming program follows a curved reward distribution model at MAHA. Are you saying that the first farmers will have more privileges than the rest and will obtain the most rewards?
ARTH is a decentralized algorithmic currency that aims to combat depreciation. How do you intend to combat depreciation in such a volatile market?
Can you explain Why switched from CDP to Seigniorage Shares by the #MahaDao team?
What are the main features of the ARTH stablecoin platform and For those who are familiar with the existing elastic stablecoin platforms, can you provide the main features of the ARTH platform at #MahaDao?
What about the Smart Contract Audit at #MahaDao, is it 100% completed safely and effectively in attacking rogue hackers?
MahaDao is consisting of two tokens, MAHA and ARTH. MAHA is a governance & utility token that regulates the MahaDAO platform & ARTH – the world’s first non-depreciating cryptocurrency, a “valuecoin”. What is a valuecoin & how does ARTH ensure its value remains stable?
How many chains can now be interacted by Mahadao as you said that your main goal is the full integration of Cross-chain features?
What are the requirements to participate in the MahaDao Liquidity Farming program? and Can you explain more about your Staking & Governance?
World’s first non-depreciating currency.
ARTH maintains purchasing power no matter which direction the market is heading. How did you achieve this and provide ARTH users with long-term intrinsic value stability?
Please tell us about trade grants. Is this an incentive program for sellers and buyers?
What is the structure of the remuneration distribution for this program and who can participate?
ARTH is supported by:
* 80% of the world’s fiat currencies
* 15% gold
* 5% bitcoin
Are these numbers still relevant or has something changed?
I saw that there are two coins in MahaDAO, MAHA and ARTH. Why do you have 2 tokens and what are the differences between these 2 tokens?
What is meant by the phrase “MAHA tokens help keep the ARTH token completely off-center”?
What is Gasless Wallet? use cases and what are their benefits to the ecosystem?
MahaDAO was designed to be a vibrant community at the head of all decision-making processes. How can you ensure that all decisions made by the community are correct?
What strategies does Mahadao use to ensure that the currency does not lose value and maintain its value at all times?
Where did you get inspiration for this unique project idea? I mean, what is the rationale and reason behind choosing this name?
I learnd from MAHADAO website that It’s products will fuel the entire ecosystem. Can you tell us more details about it? How the products will fuel the entire ecosystem?
Do you have plans to attract non-cryptocurrency investors to join MahaDAO? What measures need to be taken to raise awareness of MahaDAO in the non-crypto field?
Less than 3 seconds is the average time it takes to transact ARTH. What makes this speed possible?
Mahadao is a project with main product Stablecoin. As I know stablecoin have a biggest weakness that is inflation. So how Mahadao solve this inflation problem?
Can you describe what is Mahadao short term and long term goal ? And where will we see Mahadao in one or two year in the future?
What are the main utility of token ARTH and token MAHA in your ecosystem? Is there any example of use in real case problem?
I see that your project for ARTH is similar to Reserve Right Token (RSR) / Reserve Stablecoin (RSV) . Is there any idea that you take from RSR ? What makes Mahadao special than RSR/RSV?
MahaDAO aims to make of $ARTH a token with stability of instrinsic value, however, this doesn’t depend only of the team and the community but of the cryptocurrencies market itself. How are you going to achieve a stable value?
ARTH means wealth creation, one of the foremost goals of human life how is MahaDAO empowering it’s community to create it’s own wealth? Is this project interested in educate people about decentralized finances?
There are interesting projects such as BASE and StaysBASE that have created synthetic tokens dependent on the capitalization of the crypto market (in the case of BASE) and dependent on the capitalization of most markets (in the case of StaysBASE), all with the intention of creating a fairly stable currency. I would like to ask: Does MahaDAO work in a similar way to them? or does it have a deeper mechanism than simply averaging the capitalization of those markets? I would also like to know your opinion about those projects, since I suppose they are your direct competitors.
You talk about a safety net to preserve the value of ARTH in case the absolute value of the basket of assets decreases, quite interesting. Explain to us, if you are so kind, how this mechanism works, when it is activated, and above all, how effective it would be in this context of price depreciation to preserve the value of $ARTH.
In most countries there are systems of pension administration in which people, from the beginning of their working life, pay something to these organizations so that they can “make this money profitable” and multiply it by the time the person retires… As we all know, this is not always effective. Do you think that investing that portion of money by buying ARTH monthly during our entire working life would be smarter than giving it to these organizations? Is there a possibility that in the future it will be mandatory in some countries to invest or save that money in $ARTH in the same way that it is mandatory to keep it in these organizations today?
First time I’ve heard the term Valuecoin, and even Google doesn’t know what it is yet. Could you please explain to us what this term refers to, and what differentiates it from a Stablecoin? What are the advantages and disadvantages of each?
The success of the DeFi market this year is based on the fundamental groundwork and the development of AMM.For your thoughts, has the success of DeFi come to an end? To Uniswap and the DeFi market for such projects, where the next explosion point be?
You are adding ARTH as one of the stablecoin..but we already have TETHER and DAI….Then why ARTH will be the most successfull stablecoin?What will happens to ARTH when the market swing completely?
ARTH is pegged against a Global Measurement Unit consisting of a well-diversified, anti-correlated, carefully curated basket of assets. What are the assets that included in this so called basket? And what are the aspects and importance of these assets that they’ve been included by MahaDAO team.
What is the veritable dissimilarity between MAHA and ARTH token?Does MahaDAO Ecosystem literally need a dual token?How does this two token works in MahaDAO Ecosystem?
ARTH vault generates $ARTH tokens by locking in collaterals and minting new &ARTH tokens against them in the form of debt. Is this the only way to generate $ARTH tokens? And what is $ARTH tokens maximimum supply? What will happen if it was all minted.
ARTH is pegged to a well-diversified, anti-corelated, and carefully curated basket of assets. Wouldn’t the price be affected if one or more of the components that backs its value changes dramatically?
MahaDao looks for fair Wealth Distribution With a decentralised community-centered approach. What is the role of the user in this design? What makes the distribution of wealth fair?
MahaDAO designed the first non-depreciating currency, what is the difference between this creation and non inflationary or deflationary tokens that were already on the market?
MahaDAO’s non-depreciating currency maintains it’s buying power regardless which direction the market moves. So we can keep the price but my question is, how do we keep volume? If the price is not established by the market what guarantees that there will be demand?
MahaDAO have an ARTH Savings Rate system program. Correct me if I’m wrong, that the participants of this Savings program will only recieve the $ARTH rewards after they unlock the savings. Do participants needed to finish the locking period or they can unlock it anytime they want?
I don’t barely understand why does your platform launched two different tokens, the $MAHA and $ARTH token and this tokens are both live, can you explain to us why? Can you tell us the governance and importance of this two tokens to Maha Dao ecosystem? What is the capability of this tokens that will make shine and have a blast in the market? Thank you
As you partnered with big names in the market such as Matic network and Elrond, what is the impacts of this both partnership that brought into your platform? How this partnership influence the development and innovation of Maha Dao network and to your investor’s trust? If your platform gains some benefits of this partnership, vice-versa or in return what benefits or advantage they would get from partnering Maha Dao? Thank you
Can you tell us more describely about “elastic stablecoin concept”? How a stablecoin can be an elastic supply token?
MahaDAO has a feature called “Global Measurement Unit (GMU)” which seems unique. What is the mission of it? How does it differentiate ARTH coin from other stablecoins and MahaDAO from other DAOs? How is it calculated/determined?
“ARTH protects and increases your purchasing power shielding your financial life from the effects of excessive money printing”..Very interesting..How will you achieve this in the crypto world?What are the future plans?
ARTH means wealth creation, one of the foremost goals of human life…wow according to your website i impressed that about $ARTH..What is the role of the ARTH token in the ecosystem?
MAHA is a governance token that empowers the token holders to vote on savings rates, stability fees, direction, strategy and future course of action for the ARTH coin..Only These are the usecases of the Maha token in the MAHADAO?Or have any other things that we can doing with MAHA?
In September 2020, a draft proposal for an EU regulation on markets in crypto assets was published to improve harmonisation in this area. The American SEC also follows the path of controlling crypto assets as a type of securities.
Question: Since MAHA, ARTH are assets where money is invested with the intention of making a profit, they can be considered a type of securities and are subject to registration with the ESMA and SEC. If you do not pass the registration procedure, you may have problems with the work of the project and with the funds invested in your tokens.
Please dispel your doubts and explain – Have you consulted with lawyers? And if you have to register, are you ready for additional control and expenses?
We all know what a stablecoin is. But don’t know what a value coin is. Can you tell us describely what Value coin is? How this is different from Stablecoin (like USDT)?
When ARTH will launch? how will this help to increase the price of MahaDAO? And How can MAHA holders get ARTH coin? Is it going to be airdropped to MAHA holders?
“Stablecoin with elastic supply” this is my first time hearing about it. Can you explain to us describely about your token? How many Tokens will be minted or is it same as other rebase project like AMPL?
$ARTH beta testing program is already end. So, what will be the next step? When are you planning to launch it fully? And how user can acquire $ARTH?
You have a partnership with Elrond. Can you tell us about that? Why you made this partnership? What is the current situation of this partnership and how this partnership going to be benefits both project?
If we talk about Stablecoin USDT is the King. Can you tell us while we already have a stablecoin why we should need another stablecoin? How you can compete with USDT?
On your Twitter handle I saw that “ARTH world’s first value coin.” I never heard before about it. Can you explain to us describely what “Value coin” is? And will there be more value coin in future after ARTH?
I heard about Gasless wallet. There will be 0 tx fee for transaction. Can you tell us how it works actually? How do you keep transaction fee 0?
ARTH and ARTH bonds what is the difference? Will there be additional bonuses for those who buy these Bonds? And how will this help reduce the price of ARTH back to its target price?
I have a 2-part question. On the stacking page, I was confused by the word-Unofficial. And 862 percent for $ARTH_DAI-UNI-LPv2 looks appetizing, but very dangerous. All projects that offer such percentages have problems with the value of the coin.
So:
1-Why Unofficial
2-862 % is the official percentage of profit and will it not be a threat to the price.
MahaDAO has not one but two tokens $MAHA and $ARTH, what are the differences and the usage of each one?
I understand that MAHA is the tokens used for governance and the one that regulates ARTH, but if MAHA is the tokens that lose value while ARTH is the one that always increases, then why use a tokens that will lose value over time? is it to force users to buy them?
ARTH is a 0% volatile coin, right? That means that it will only be beneficial for the long-term holders and not for the traders, right?
Must of the times the balance of concentrations and distribution of capital is always leaded by LP providers, how are you going to make a non-concentrated reserve of wealth?
You mention that the community will be able to vote for “savings rates, stability rates, direction, strategy and future course of action for the ARTH coin.” but where is the burned toknes? Can’t vote to increase your%?
is it really true that “MAHA helps keep the ARTH coin completely decentralized”? In case the MAHA has a problem and stops working, then ARTH will become centralized?
Initially it took more than 1 BTC to buy a pizza, now you can buy a thousand pizzas with those BTC, how long will it take for the MahaDAO mechanism to increase the value of ARTH by the magnitude of BTC?
Is it really that complex to create an algorithm that can maintain the value of investors’ capital and in turn increase it? Why not just develop a volatile project that eventually rises like BTC?
If MaHaDAO ARTH tokens can only be obtained on Uniswap, then it means that it is only part of ERC20 right? but if the website says that the currency of value is in multiple Layer 2 different chains, so it means that we can acquire them in the Dex exchangers of Polkadot or other chains?
You mention that in Q1 2021 you will integrate multiple dApps to the platform, but really which ones? have they already been developed or are they in the process of creation?
From whitepaper “To protect the ARTH holders against attacks on the infrastructure, an emergency shutdown
module can be invoked as a last resort” The context didn’t convince me that this mechanism will intervene at the moment that situation happens. Do you still develop this ?
If I am not wrong, StaysBase also has same manner with a formula 3 assets mixed. Their model is in rebase economnics and very risky in my opinion. Did you consider building this tokeonomics on rebase at first? If yes, why did you give up?
I have read the MahaDao Whitepaper but i found no info regarding (Buying & Redeeming Bonds)…..
Also no info regarding (Seigniorage Supply) …..
please point me to more info on these subjects?
Q. ️️️
What is the plan to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year for your project?
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What is the structure of this project , is it decentralised or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled?
I read that MAHA is an ERC20 token, but you have partnerships in place with both Matic and Elrond.
Does this mean MAHA AND ARTH will be available on all chains or is this just a way of gaining more exposure, utility and usage of the ARTH token across various chains?
I understand that ARTH will be a stable coin . Can ARTH survive financial crisis like back in 2008?
I note your baskets for ARTH are very similar to what RSR are doing with some of the later versions.
What inspiration have you taken from that project and how do you feel MahaDAO differs from RSR/RSV?
Can i ask, what’s the logic behind the 80% fiat, 15% gold, 5% bitcoin and is this fixed?
Ok so the GMU isn’t something thats governed on the platform, its decided by your team of economic advisors?
You mentioned before a lot of MAHA tokens are tied up in your staking campaigns…are they left out or do they somehow get ARTH as well?
So I’d love to know your thoughts on what you’ve learned from other stable coin projects along the way, and why you’ve designed your project in such a way as a result?
Do you have any expected APY’s for the various pools, or how many ARTH coins are allocated to each?
lets talk a little more about ARTH and the baskets…Can you give me some real world examples of baskets and how they’ll be created, stored and rebalanced over time?
can you explain to me how the GMU and baskets tie into an actual price for the ARTH token…most of these Seigniorage Share have a target price of $1…what’s the target price for ARTH?
How does ARTH protect financial life from the effects of overspending and how does it mediate increased purchasing power?
How is ARTH pegged against the Global Unit of Measure to provide stability to ARTH users, and how does this system alone achieve stability?
How is ARTH controlled against high volatility and manipulation risks and how to ensure a stable currency?
MahaDao claim that $ARTH is the first elastic value coin. Can you describe how is elastic value coin work in real case? And how is this different with other stablecoin that already exist like USDT ?
MahaDao claim that built by community, for the community. You also governed & powered by people, what is MahaDao main purpose? Is there any economic perspective from this world that MahaDao want to change?
Why are you building beta testers groups? I can see information about recruiting people, but I do not see information about what kind of product they will test. Share information, or is it a secret?
How safe is the use of Gasless Wallet? I trust the Ethereum network and, in particular, pay high commissions for security. You build your network on the second layer, attract new users with fast free transactions … How is the stable operation of your network ensured? What loads does it withstand?
You had an amazing IDO last December by teaming up with Polkastarter. How many tokens were sold? I know this is not your first IDO. How many tokens in circulation at the moment and will there be another third round? Bonus I would like to know about your struggle with hackers and the high cost of gas during IDO