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ARTHX meaning in Cryptocurrency ? |
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Answer» MahaDAO is a community-powered, decentralized autonomous organization on a mission to empower billions to preserve their purchasing power through the world’s first valuecoin, ARTH. MahaDAO, a dual token system having the governance token MAHA, and the value coin ARTH, is a decentralized, interoperable stablecoin platform that is supporting ARTH, an algorithmic valuecoin that maintains its purchasing power regardless of which direction the market moves. A third token, ARTHX is utilized for extracting the volatility away from stablecoin and maintain its peg. It is also a deflationary token. ARTH is a non inflationary 110% collateralized value coin that is pegged to Arth Global Measurement Unit (GMU), an index consisting of a basket of anti-correlated assets such as gold and bitcoin; unlike the dollar and fiat currencies. It is the first of its kind, paving the way for a new world of stablecoins reference nan |
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