-Launching in June
-The first lending protocol that lets you lend/borrow staked LP tokens with $ARTH
$MAHA AMA ALPHA THREAD
VENEZUELA:
-After many months of negotiations Maha is finally LIVE in Venezuela
-MahaDAO has teams on the ground signing vendors up
-ARTH has been used to buy a burger for the first time
-ARTH wallet is a gasless
-Every Venezuelan will be given $MAHA🚀
-Launching in June
-The first lending protocol that lets you lend/borrow staked LP tokens with $ARTH
The GMU peg is COMPLETE 🥳 This will make $ARTH very different than other stablecoins. ARTH will appreciate in a bull market and remain stable in a bear.
The world's first L1 with economic incentives created by economists. Speculation this will make Mahachain usage larger than Terra. More details are coming soon. Arth wallet is a gasless wallet and key to adoption.
Cont.
Maha is creating NFTs with a usecase not seen in L1s.
-Massive utility: You can vote stake earn rewards/fees and boost yields
-They look really good: 5 NFT artists are working on the NFTs. They will resemble the brand and help grow our community
This will be the first NFTs with a jpeg that are backed by the governance token.
You will need to lock $MAHA tokens to get the NFT benefits. This creates intense demand for the $MAHA token.
-Limited series according to how many MAHAs you have
-VeNFTs 🚀📈⚡️
You can BOOST staking rewards by 5 times!! 5X! Make sure to learn about the NFTs as it
JPEGS will only be avail to those with more than 100 mahax. Scarcity will exponentially increase as people buy $MAHA to mint NFTs. Existing stakers will be given JPEGS
$MAHA now has dedicated customer support
-Hired more devs/ops, artists
-The team is expanded to support the NFT and Lending protocol new community members
-Maha extends condolences to luna community.
-ARTH will be backed with 110% collateral, not backed by $MAHA, instead ETH and BTC
List your locked MAHA onto OpenSea. This creates a secondary market for the $MAHA token. Stake more maha, and your NFT can evolve to the next level. This secondary market is extremely interesting and will prevent whale dumping on the charts.
-In the process of finishing documentation and preparing for testnet. Mostly waiting for the community to grow 3-5, maybe 10x where it is today. Then MAHACHAIN will launch to the masses. Maha goal is to become a very large inflation-proof tribe/community
You will get posters, t-shirts, invited to exclusive events, invited to closed-door celebrity meet-ups. The rarer your NFT, the more unique your benefits. More ann coming
FTM and AVAX are on hold to focus on making the maha engine bigger, these chain launches are scheduled now for end of June. This provides the team a small break to focus on the TVL and core products first.
$MAHA team is speaking to many of the largest exchanges. Specifically, tier 1s. There is also a global partner product launching soon related to this. 👀
Yes. Once Mahachain goes live there will be a large campaign to provide incentives to ATOM validators, participants.
This is not financial advice. You must do your own research. I am heavily invested in $MAHA and have locked my tokens for 4 years and will be here for the entire duration.
Personally, entry under $20 feels very good to me. NFA. Only invest what you can afford to lose
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First thread of the year because I have time during MCO. As requested, a thread on the gods and spirits of Malay folk religion. Some are indigenous, some are of Indian origin, some have Islamic
Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
i wonder if you can make a thread bout witchcraft in malaysia.. or list of our own local gods/deites..
— r a y a \U0001f319 (@lcvelylilith) February 20, 2020
Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
