Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share
basis.markets Rank 4888
$0.00279
basis.markets Rank 4888
Website Twitter
0 BASIS

basis.markets
basis.markets
BASIS

basis.markets Price
$0.00

basis.markets 24h Vol
$4,757

basis.markets Market Cap
$0

24h Vol
0 BTC
1 H
-0.58 %
24 H
-0.64 %
7 d
7.47 %
Today basis.markets price in US dollars is currently 0.0028 USD, and if converted to Bitcoin is 0.00000007 BTC. A total of N/A are currently circulating in the Market. basis.markets price is currently experiencing a change of -0.64 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars basis.markets have been traded on Crypto Exchanges. Get basis.markets's progress by adding it to your favourites and creating a free portfolio.
Full Name
basis.markets
Symbol
BASIS
Algorithm
ETH Token
BTC Price
0.00000007 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 BASIS
1h
-0.58 %
24h
-0.64 %
7d
7.47 %
Share basis.markets Price

Description

Description


Basis is a stable coin pegged to arbitrary assets or goods remaining fully decentralised and always pegged to 1 USD. Furthermore, Basis has the option to be updated to peg to a Consumer Price Index (CPI) or a basket of goods. The Basis stability system uses common investment incentives and instruments, similar to traditional bonds and equity shares, this means the market participants help the coin maintain exchange rate stability. As an example, if the value of Basis token falls, the system creates new bonds worth one Basis token each. The bonds are then sold by the system for Basis tokens, reducing the token supply and driving the token price back up to the targeted value.

The Basis project reported in April $133million of funds raised from 225 investors (e.g. Andreessen Horowitz, Bain Capital Ventures, Pantera Capital, Polychain, and Digital Currency Group) and also attracted distinguished advisors such as Stanley Druckenmiller and economist John Taylor.

Full Name Basis (BASIS)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://www.basis.io/
Twitter @basisprotocol
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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