MahaDAO Community Catchup — August 2021

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MAHA

3 min readSep 2, 2021

With rising inflation & the after-effects of economic missteps taken by institutions across the globe now fairly apparent, MahaDAO’s ARTH shall create a place for itself as an advanced solution to defeat inflation.

We are still early days in making ARTH valuecoin an instrument people recognize & reckon with as an inflation-proof asset & real money on which the world can thrive.

With that being said, MahaDAO would like to welcome you to the latest edition of the community catchup article. Let’s review the month of August and brace ourselves for September.

Key Highlights of August

🚀 ARTH Loans — Second Product Launch

🔥 Farming pools for ARTH, MAHA, ARTHX with integrated partners

🏦 Approval of AIP18 — MAHA Staking Proposal

Upcoming Events in September

🆕 Scallop Early Adopter Community Presale — for MAHA holders

🔏 MAHA Staking Launch

📊 Trading & leverage go-live

September month will come with its share of juicy updates, the most interesting one being the Scallop Presale, which will commence in the first week of September.

But before that, let’s quickly go through last month’s action, as it happened.

ARTH Loans Product Launch

The major highlight of the previous month was the launch of ARTH Loans platform.

The launch was preceded by the unveiling of the ARTH v3.0 Gitbooks & a Public Testnet Launch. Not just that, ARTH Loans Public Testnet participants were also rewarded for their earnest participation and effort. Rewards for the same have already been distributed.

Integrations & Farming Pools on the Polygon Chain

With the ARTH Loans launch, MahaDAO introduced certain additions to the farming pools. Integrations with Cryption Network, CosmicSwap, DFYN, and other projects on the Polygon Network meant further growth of the ecosystem.

🔹 ARTH-USDC
🔹 ARTH-MAHA
🔹 ARTH-COSMIC
🔹 ARTH-CNT
🔹 ARTH-ARTHX

All farming pools are available here: https://polygon.arthcoin.com/#/farming

AIP 18 & Maha Staking Launch

In August, the community also passed AIP18 by a clear majority of 100%. The proposal suggests the introduction of a new supreme MAHA token, that converts MAHA into a fee-earning asset with governance properties similar to Curve’s veCRV token.

The key benefits of long term Maha Staking involve:

boosted staking rewards
earn trading fees
receiving airdrops
increased governance

Maha Staking launch is scheduled for the early weeks of September.

SCLP — MAHA PreSale is here

We left the best for the last.

Scallop, MahaDAO’s first incubated project will officially open its exclusive community presale for MAHA holders in the coming week. This is a special event for MAHA holders for it is an opportunity for you to get a special allocation in Scallop at a private sale price, usually only given to institutions and PE firms.

More information on the Early Adopter Community Presale will be shared shortly.

We cannot contain ourselves for this one. The excitement is real 🍻

Miscellaneous Credits

MahaDAO Sri Lankan community was created by a community member, giving MahaDAO’s voice a broader reach. We fully support all members wanting to start communities in other regions & languages, given the MahaDAO brand is not jeopardized in any way or manner.
AMAs with MultiChain Apes (TG), GigaChads (Discord), Wolves of Alt Street (Discord), Cryption Network, CosmicSwap, Dfyn, & CoinCrunch (Youtube)
The MahaDAO team spoke to some of the brightest minds of India, in a webinar with IIT BHU (one of the most prominent universities in India) & encouraged them to embrace Blockchain technology and pave new paths for innovation.

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