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What is ARTHX?

The ARTHX token is the third token in the MahaDAO protocol that allows the ARTH platform to scale efficiently.

Full description of ARTHX

The ARTHX Token (?) is the third token in the MahaDAO protocol that allows the ARTH platform to scale efficiently. It is a special token designed to absorb the volatility of the ARTH token. ARTHX is minted when a user decides to deposit collateral into the protocol to mint ARTH tokens. ARTHX is burned when a user decides to withdraw collateral from the protocol by burning ARTH tokens. ARTHX besides having a utility within the ARTH ecosystem is also designed to be a deflationary token. When a user transacts with ARTHX by sending it from one Wallet (?) to another, a transaction fee is charged which is then redirected towards the Staking (?) pools or burnt off from the supply. There is no max supply for the ARTHX token.
  • Exchange symbol (?): ARTHX
  • Cryptocurrency type (?): Token (?)

ARTHX for developers

ARTHX social sites

 Source: NOMICS