BSD

Basis DollarBSD

Rank #2738
Token
On 0 watchlists

Basis Dollar Price (BSD)

$0.3636
8.47%

0.000009797 BTC

0.0002944 ETH

Low:$0.3483
High:$0.3924
24h
BSD  Basis Dollar BSDPrice: $0.3636 8.47%
Market Cap
- -

Why is there no Market Cap? 

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Fully Diluted Market Cap
$181,793
8.47%
Volume
24h
$109,864
23.60%
Circulating Supply
- -
Max Supply
500,001

Basis Dollar Chart

 

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About Basis Dollar

Basis Dollar price today is $0.363586 USD with a 24-hour trading volume of $109,864 USD. Basis Dollar is down 8.47% in the last 24 hours. The current CoinMarketCap ranking is #2738, with a market cap of not available. The circulating supply is not available and a max. supply of 500,001 BSD coins.

Basis Dollar is an open-source, permissionless algorithmic stablecoin.

The Basis Dollar protocol aims to revive the original vision of BasisDollar.Fi, initially released as a lightweight implementation on the Ethereum blockchain.

Adding ideas and innovations made since the original Basis project shut down, the Basis Dollar team has made modifications to the original mechanism outlined with its whitepaper. Read on for further details.

We make several improvements over Basis Cash:

Price feed oracle based on the average of 2 liquidity pool pairs (i.e. BSD/USDC and BSD/DAI) which is more difficult to manipulate. The protocol uses TWAP, not EMA, for the price. Time-weighted is more accurate and less subject to attack vectors. The epoch duration for expansion (minting new supply) is reduced to 12 hours. The protocol caps the newly minted BSD in the case of expansion to a maximum of 15% of the total supply during each epoch. The debt issued is capped at 30% supply (maximum Basis Dollar Bonds generated for each contraction). The Basis Dollar Bonds have no expiry date.

The protocol keeps a minimum of 35% of the expanded supply for seigniorage shares for each expansion, which is an improvement over Basis Dollar which keeps all the new supply for Bond redemption if the balance is less than 1000 BSD. In addition, we propose a longer and fairer distribution schedule, as outlined in the Launch Strategy section.

converter-coin-logo

BSD

Basis Dollar

converter-coin-logo

USD

United States Dollar

BSD Price Statistics

Basis Dollar Price Today
Basis Dollar Price$0.3636
Price Change24h$-0.03080

8.47%

24h Low / 24h High
$0.3483 /
$0.3924
Trading Volume24h$109,864.18

23.6%

Market DominanceNo Data
Market Rank#2738
Basis Dollar Market Cap
Market CapNo Data
Fully Diluted Market Cap$181,793.34

8.47%

Basis Dollar Price Yesterday
Yesterday's Low / High
$0.3719 /
$0.4192
Yesterday's Open / Close
$0.3913 /
$0.3852
Yesterday's Change

1.57%

Yesterday's Volume$106,540.77
Basis Dollar Price History
7d Low / 7d High
$0.3402 /
$0.4192
30d Low / 30d High
$0.3402 /
$0.4192
90d Low / 90d High
$0.3402 /
$0.4192
52 Week Low / 52 Week High
$0.3402 /
$0.4192
All Time High
Jan 15, 2021 (a day ago)
$0.4192

13.26%

All Time Low
Jan 13, 2021 (3 days ago)
$0.3402

6.87%

Basis Dollar ROI
No Data
Basis Dollar Supply
Circulating SupplyNo Data
Total Supply500,001 BSD
Max Supply500,001 BSD

Basis Dollar Markets

#

Source

Pairs

Price

Volume

Volume %

Liquidity

Confidence

Updated
No Data

Basis Dollar News

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