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The website of Basis Cash (basis.cash) is offline since 2025-01-04. If you have any new information, please use the "Update Coin Data" link below.
Basis Cash (BAC)
Coin Information
Market Cap
Fully Diluted Valuation
Coin Supply
Circ.: 54 904 392
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Website
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BAC to USD Converter
About Basis Cash
Basis Cash (BAC) is a decentralized stablecoin designed to maintain a peg to the US dollar without regulatory risk. The protocol operates without rebases or collateral risk, aiming to stabilize purchasing power like central banks trade fiscal debt. Each Basis Cash token is intended to be used as a medium of exchange.
Besides Basis Cash tokens, the protocol includes Basis Share and Bond. Shares act as a medium of governing the protocol and provide seigniorage rewards through the Boardroom. Bonds, on the other hand, promise holders premiums when the BAC pricing returns to its 1-dollar peg.
The supply of Basis Cash expands or contracts based on the price movement. The supply increases when the price is above $1, and those who staked Basis Shares on the Boardroom are rewarded with BAC seigniorage. Conversely, when the price is below $1, the protocol holds auctions for Basis Bonds to contract the supply. These bonds can be redeemed for premiums once the BAC price returns to its peg.
Frequently Asked Questions
We currently have no price information of Basis Cash BAC available.
The circulating supply of Basis Cash is 54904392.
The total supply of Basis Cash is unknown.
The max supply of Basis Cash is unknown.
Basis Cash is a decentralized coin.
Basis Cash is a token running on the Ethereum blockchain.
Basis Cash reached an all-time-high of 0.141341 USD on 1 Sep 2021.
The contract address of Basis Cash is 0x3449fc1cd036255ba1eb19d65ff4ba2b8903a69a.
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BAC Markets on Crypto Exchanges
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