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Basis Share
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Basis Share
Basis Share (BAS) is a censorship-resistant & fairly distributed implementation of the Basis Protocol. It inspired individuals, by painting a picture of a world that runs entirely on decentralized digital dollars the policies for which cannot be corrupted or politicized[1][2].
Overview
Basis Share is not a DeFi (Decentralized Finance) project. The project is simply leveraging the industry’s excitement in the category to bring much-deserved attention and engagement to the Basis Protocol, and to use this opportunity to distribute ownership in the protocol fairly[3][4].
Features
- Basis Cash
- Basis Share
- Basis Bond
Basis Cash
Basis Cash is an ERC-20. Basis Cash doesn’t natively implement an AMM. It has implemented a fixed formula to price bonds instead of an auction, such that a bond can be purchased when cash is de-pegged at 1[5].
Basis Share Purchase
Users can purchase Basis Share (BAS) using their investment from Coinbase. Users can buy Basis Share (BAS) at a good number of cryptocurrency exchanges including MXC.
Basis Protocol was brought back from the grave. Basis Cash is a censorship-resistant & fairly distributed implementation of the Basis Protocol, which after a 133M Initial Coin Offering (ICO) was shut down by the SEC due to concerns its Basis bonds and share tokens may be securities.
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Edited By
Edited On
October 12, 2022
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Official Website:
Contract:
Official Website:
Social Profiles:
We've just announced IQ AI.
Edited By
Edited On
October 12, 2022
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REFERENCES
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[5]