BAC

Basis Cash price
BAC
#2441

$0.001658  

10.28% (1d)

Basis Cash to USD Chart

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Basis Cash statistics
Market cap
$90.51K

10.28%

Volume (24h)
$86.57

79.52%

FDV
$90.51K
Vol/Mkt Cap (24h)
0.09565%
TVL
$272.70K
Market cap/TVL
0.3318
Total supply
54.58M BAC
Max. supply
--
Circulating supply
54.58M BAC
BAC to USD converter
BAC
USD
Price performance
24h 
Low
$0.001502
High
$0.001698
All-time high
Dec 07, 2020 (4 years ago)
$190.12
-100%
All-time low
Oct 21, 2024 (10 days ago)
$0.001241
+33.64%
See historical data


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About Basis Cash

What Is Basis Share (BAS)?

Basis Share is one of three tokens that play a starring role in the Basis Cash ecosystem. It launched in late 2020 — and the team behind this project are aiming to create a decentralized algorithmic stablecoin that will become a mainstay in the DeFi space.

According to developers, BAS is “an ownership token which receives inflationary rewards from Basis Cash” — and its value will be directly linked to increasing adoption of BAC.

Basis Shares and Basis Bonds are used to help keep Basis Cash at a price of $1. If the price falls below this level, bonds can be purchased at discount prices — and redeemed on a 1:1 basis once prices exceed this level.

If BAC remains above $1 after bonds have been redeemed, new BAC tokens are minted and distributed to those who own Basis Shares.

Who Are the Founders of Basis Share?

What Makes Basis Share Unique?

How Many Basis Share (BAS) Coins Are There in Circulation?

Where Can You Buy Basis Share (BAS)?

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