Toha introduces new dual-token system to facilitate impact payments at scale

Toha is creating an impact payment system for climate action and nature regeneration. This is the missing market infrastructure to enable funders to invest in verifiable impact, and frontline communities to get paid for work in service to nature.

At the core of Toha’s design is dual-token system, MAHI and TOHA. 

The MAHI token represents a unit of work in service to nature and climate. By purchasing the credit, the buyers of MAHI are releasing secure funds for frontline action, as well as funding the development of Toha’s platform infrastructure and impact data technology. As an algorithmic stablecoin in the future, its price will be tethered to the rate of the living wage in Aotearoa New Zealand, which is currently NZD$26.

TOHA is a network token which generates rights to data and governance in the Toha system. Holders use TOHA to pay the transaction fees to access, use and share data in the system. TOHA also grants governance rights to influence the future direction of the market cooperative. This enables the future transition of the Toha system into a decentralised autonomous organisation (or DAO).

Thus, these different tokens – MAHI and TOHA – serve different functions in the Toha system. MAHI enables the transfer of funds to repairing and regenerating our landscapes, while TOHA grants rights to the benefits of the Toha system. 

Learn more about Toha’s tokenomics in our latest Substack.