ARTHX
ARTHX

0.02559
$
0.00 %
Change 24h
Market Cap
$ 15,047,100
Volume 24h
$ 0
Circulating Supply
588,019,000
Total Supply
588,019,000
ARTHX
$
Description
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.
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