icon - Basis Cash
BAC Basis Cash
+ 1.19%
$ 0.00171455
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Basis Cash
    $ 0.00171455
    $ 93,572
    $ 12,168
    0 BAC
    + 1.19%

Basis Cash. Price of cryptocurrency: $ 0.00171455

What is Basis Share?
The Basis Share token is one of three that play a starring role in Basis Cash.
According to developers, BAS is an ownership token which receives inflationary rewards from Basis Cash, and its value will be linked to increasing adoption of BAC.
Basis Cash is kept at a price of $1 with the help of Basis Bonds and Basis Shares.
If BAC stays above $1 after bonds are redeemed, new BAC token will be issued and distributed to those who own Basis Shares.

Who is the originator of Basis Share?
Things get a little weird here.
There are plans to expand the team further as there are technical positions to be filled concerning integrations and applications, according toMorty.

What makes Basis share unique?
Basis Share seems to have come from the ashes of a project that never saw the light of day. Basecoin managed to raise $133 million in an initial coin offering. Some of the biggest names decided to get involved.
Basis Share is unique because it is one of two token that will be responsible for ensuring that Basis Cash remains at a value of $1.
One of the main goals of the project is to ensure that the Basis Cash stable coin is fairly distributed and resistant to censorship.

There are related pages.
You can find out more about Basis Cash.
How stable are coins?
In our glossary, you can learn aboutcryptocurrencies.
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How many Basis Share Coins are in circulation?
A total of one million BAS have been created, and they are being distributed to two Uni swap pools in a 75/25 split.
The number of BAC in circulation is going to be determined by the levels of supply and demand.

Where can you buy Basis Share?
There are many Basis Share markets available. There are two new trading pairs on Uni swap, one of which is a DAI/BAS pair.