Community AMA - December 3nd 2021 (Brief Notes)

Hey Everyone,

Here are some of the key topics that were discussed during the AMA from December 2, 2021. If you have any further questions regarding any of the topics below, please feel free to ask!

AMA Key Points

  • MahaDAO will be launching on the Binance Smart Chain (BSC).
  • MahaDAO will be launching Maha Lend. This is a cross-chain leveraged yield farming protocol that will allow users to take up to 20x leverage in yield farms. However, the initial release will be unaudited, but will have a bug bounty. Lastly, there are plans for audits in the future.
  • The MahaDAO team is going to hire a Marketing Manager to expand the marketing efforts for December and January.
  • MahaDAO is also looking to hire a Python Developer to work in the Mumbai office.
  • MahaDAO will be launching Maha Trade. This platform will be focused on market making and it will allow deeper liquidity and arbitrage of Arth, Maha and Scallop.
  • MahaDAO has been expanding to Nigeria and Venezuela by creating two new community channels.
  • MahaDAO will be launching a mobile app/ gasless wallet. This is multilingual wallet that displays the appreciation of ARTH against USD and is expected to launch in January 2022.
  • Remaining support tickets will be resolved by the end of this week.
  • Maha Staking will be launched strategically before the end of the year.
  • MahaDAO is consulting with economist and working on version 2 of the whitepaper. The new whitepaper is expected to be released in early 2022.
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