MahaDAO to Launch ARTH Algorithmic Stablecoin on Ethereum and Matic January 15, 2021 / Cross-chain defi protocol MahaDAO has unveiled plans for the mainnet launch of ARTH, the algorithmic stablecoin at the heart of its decentralized platform. Using a seigniorage share model to control the price of ARTH, MahaDAO will ensure relative price stability while incentivizing defi users to pool cross-chain assets and mint the protocol's native valuecoin. ARTH is the world's first valuecoin, described as such due to its ability to maintain its purchasing power over time, unlike fiat currencies that erode due to inflation. The MahaDAO mainnet will launch on Ethereum initially, before being followed by a corresponding launch on Matic.