BSD

Basis DollarBSD

Rank #4690
Token
On 826 watchlists

Basis Dollar Price (BSD)

$0.01897
1.18%

0.0000003431 BTC2.35%

0.000004535 ETH0.81%

Low:$0.01808
High:$0.02427
24h
BSD  Basis Dollar BSD
Price:
$0.01897
 1.18%
Market Cap
- -

Why is there no Market Cap? 

Read More

Fully Diluted Market Cap
$9,484
1.18%
Volume
24h
$60,242
21.03%
Volume / Market Cap
--
Circulating Supply
--
Max Supply
500,001
Total Supply
500,001
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Basis Dollar to USD Chart

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BSD Price Live Data

The live Basis Dollar price today is $0.018969 USD with a 24-hour trading volume of $60,242.45 USD. We update our BSD to USD price in real-time. Basis Dollar is up 1.18% in the last 24 hours. The current CoinMarketCap ranking is #4690, with a live 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.

BSD to USD Converter

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Basis Dollar

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USD

United States Dollar

BSD Price Statistics

Basis Dollar Price Today
Basis Dollar Price$0.01897
Price Change24h$0.0002204
1.18%
24h Low / 24h High
$0.01808 /
$0.02427
Trading Volume24h$60,242.45
21.03%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#4690
Basis Dollar Market Cap
Market CapNo Data
Fully Diluted Market Cap$9,484.48
1.18%
Basis Dollar Price Yesterday
Yesterday's Low / High
$0.01807 /
$0.02427
Yesterday's Open / Close
$0.01911 /
$0.01809
Yesterday's Change

5.33%

Yesterday's Volume$66,831.66
Basis Dollar Price History
7d Low / 7d High
$0.01604 /
$0.02766
30d Low / 30d High
$0.01604 /
$0.02766
90d Low / 90d High
$0.01331 /
$0.1076
52 Week Low / 52 Week High
$0.007434 /
$0.9014
All Time High
Mar 20, 2021 (8 months ago)
$0.9014
97.90%
All Time Low
Jul 03, 2021 (5 months ago)
$0.007434
155.18%
Basis Dollar ROI
No Data
Basis Dollar Supply
Circulating SupplyNo Data
Total Supply500,001 BSD
Max Supply500,001 BSD