MahaDAO Community Catchup #7—May 2021
Welcoming you to the 7th edition of the community catchup article! There were some major, exciting updates in the month of May for the MahaDAO community. More inside ▶️
TLDR; (in order of importance)
- Kucoin listing & BMW Giveaway for MAHA
- Key Partnership with Chainlink
- MahaDAO Incubation Program with 3 incubatees finalized
- ARTH 2.0 Beta Program & Migration Plan
- Economic Hackathon
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🏆 Kucoin Listing & A massive Giveaway
In the month of May, MahaDAO ($MAHA) saw its first Tier-1 exchange listing, one that was appreciated and well received by the community and everybody else. Not just the listing, it was the manner of the listing, that gave MAHA the highlight on the Kucoin exchange — the BMW.
The listing saw great fanfare because of its BMW Giveaway. The giveaway is still live and you can win a BMW by trading MAHA on Kucoin —
https://trade.kucoin.com/MAHA-USDT
https://trade.kucoin.com/MAHA-BTC
👊 Partnerships
MahaDAO announced a major partnership with one of the most sought-after projects in the crypto space — Chainlink. As part of the partnership, MahaDAO will integrate Chainlink Price Feeds for the upcoming ARTH 2.0 launch.
By integrating Chainlink’s market-leading decentralised oracle network, MahaDAO will be able to source up-to-date market price for its Global Measurement Unit (GMU) model of ARTH.
Another partnership was formed with the ARGO app which will allow MahaDAO to deploy the frontend for the upcoming ARTH v2 on their app.
💻 Economic Hackathon
MahaDAO announced that it would be sponsoring a first of its kind Economic Hackathon in April. The Hackathon saw academics researching stablecoins come together to discuss the potential of a valuecoin and how it could change how we perceive money.
You can watch the 2 hr, 41 minutes long Hackathon discussion here.
👪 MahaDAO Incubation Program
In the build-up to May, we announced that MahaDAO will be incubating a top-notch DeFi project. After sharing this news, there’s been a great deal of work behind the scenes from which Scallop has come out of stealth mode!
Incubating and partnering with a crypto-friendly under FCA-approval banking platform is of tremendous strategic value, we want to see ARTH adopted not only across DeFi ecosystems but in the real world and this is a huge step in the right direction.
There’s more to come on the ecosystem front too, with other strategic incubations in the pipeline, designed to increase the reach of ARTH long term.
▶️ ARTH v2 Beta Program & Migration
As we gear up for the release of ARTH v2, the team have been putting the finishing touches on the product and wrapped up our Beta testing program. The response was fantastic and we managed to highlight a couple of high priority issues that needed addressing.
Once these niggling problems are resolved, we’ll be ready to hit the ground running and have a terrific month of June, which by the end should see ARTH v2 in a totally different position. The migration plan outlined below should tell you all that you need to know.
Summary
We are extremely thankful to the community knowing that in between product updates we’ve had to be patient. There’s a ton to look forward to, with ARTH v2 on the horizon, academic research on the GMU, strategic incubations rolling out and so much more!
If we’ve learnt anything so far, it’s that there is no straight line in innovation and we appreciate the community’s support in the journey to date and in the future.
About MahaDAO
MahaDAO is a community-powered, decentralized autonomous organisation on a mission to empower billions to preserve their purchasing power through the world’s first valuecoin, ARTH.
MahaDAO Official Links
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