Withdraw & Stake MAHAX — Win a Tesla 🏎

Published in

MAHA

2 min readNov 11, 2021

Wohoo! MahaDAO is giving away a car again. This time, it’s a Tesla! 🏎

MahaDAO is super excited to announce the MAHAX Withdraw & Stake Campaign. To celebrate the upcoming MAHAX Staking Launch, we are giving away a Tesla for early lockers of MAHA.

Read more below to learn how you stand a chance of winning a Tesla Model S.

Steps to Participate:

Step 1: Withdraw 100+ MAHA from any exchange to your wallet

Step 2: Visit gov.mahadao.com & lock atleast 100 MAHA for MAHAX (for a minimum period of 1 month)

Step 3: Fill out this form

Rewards

🎁 5 MAHA for every valid entry
🎁 Tesla Model S for 1 lucky winner

Campaign Period

11th Nov, 2021 to TBA

Terms & Conditions

The more you stake/lock, the higher your chances of winning
You need to withdraw atleast 100+ MAHA tokens from a centralized exchange to be eligible
You should be a part of the MahaDAO TG group & follow MahaDAO on Twitter
You should atleast stake/lock 100+ MAHA for a minimum of 1 month
You should share the correct transaction hashes for both the transactions (withdraw & lock)

FAQs

I have MAHA on Metamask. Can I participate?
No. This campaign is for MAHA users that use CEXes. We will however have future airdrops & campaigns for all wallet users.

Where can I find the withdrawal transaction hash for my withdrawal of 100+ MAHA from an exchange?
Every exchange has a withdrawal tab. Once you withdraw 100+ MAHA tokens, the transaction will show in your recent transaction history.

How can I increase my chances of winning the Tesla?
The winner selection is based on randomness. However, your win probability weightage increases with the amount of MAHA staked. For example, a user with 10,000 MAHA staked will have a higher probability of winning than a user who staked 1,000 MAHA.

What if I don’t win the Tesla, do I still receive a 5 MAHA reward?
Yes, the 5 MAHA reward is given to everybody who has a valid entry regardless of who wins the Tesla.

How can I lock/stake my MAHA for MAHAX?
- Go to https://gov.mahadao.com/#/locker
- Click on Lock MAHA
- Enter the amount (more than 100 MAHA)
- Choose lock time (more than 1 month)
- Approve & Confirm the transactions on your wallet

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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