MahaDAO — a community-based decentralized autonomous organization, dedicated to helping billions of people to maintain their purchasing power with the world's first ARTH currency.
About the coin defi MAHADAO project
MahaDAO has a dual token system - the MAHA governance token and the valuable ARTH coin. ARTH retains its purchasing power no matter which direction the market moves. At MahaDAO, the team is constantly striving to create the ideal decentralized governance model.
DAO members - participants who actively participate in the discussions and development of the DAO. Becoming a DAO member is very easy. All you have to do is:
| 1 | Complete this application form by providing information about what you can contribute and how you can benefit the ecosystem. |
| 2 | Gain community approval through management voting. |
The biggest benefit of DAO membership is that you will be paid in MAHA tokens for the activities you perform to promote/develop the ecosystem and community. Each month, 5,000 MAHA tokens are allocated to DAO members, rewarding them for their hard work. This distribution is distributed by using Coordinape. In this way, it is guaranteed that everyone will receive a fair and decentralized payout, depending on how much they contributed.
Each week, existing DAO members will review all new applicants to assess who is eligible for MAHA payments for their contributions. Applicants, admitted by the existing members of the DAO, are elected to the DAO through a leadership vote. After the governance vote passes, new candidates will officially become members of the DAO and begin receiving MAHA payments for their contributions.
MAHA token
MAHA token holders can vote to allocate MAHA to grants, strategic partnerships, governance initiatives, additional liquidity mining pools and a host of other programs. Tokenomics helps to promote self-sustaining community interest, developer participation and ecosystem acceptance.
The vast majority of MAHA tokens have been allocated to community and ecosystem related activities. This reinforces MAHA's ambition to be a coin, run and controlled by its people. In addition, the supply of MAHA is extended for 10 years so that token holders are distributed and decentralized as much as possible. No single organization should be able to control more than 1% of supplies over the next few years.
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