Basis

Stable cryptocurrency protocol

Berita Terkait

Basis Stablecoin Confirms Shutdown, Blaming 'Regulatory Constraints'

Coindesk 2018-12-14

Bain, Lightspeed Back First ICO With $133 Million Basis Funding

Coindesk 2018-04-18

Basecoin Revealed: A16z, MetaStable Seek Crypto Holy Grail With Stable Token

Coindesk 2017-10-14

Proyek Serupa

*Jika tidak dapat diklik, berarti tidak ada informasi detail yang tersedia.

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Decentralized reserve currency protocol

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OIN Finance

Multi-chain stablecoin issuance platform

Gyroscope

Self-stable, reserve-backed stablecoin protocol

Tentang Basis

Didirikan

2017

Komunitas

Tag

DeFi

Stablecoin Protocol

Basis is a stable cryptocurrency protocol with an algorithmic central bank designed to remove volatility. It is designed to keep prices stable by algorithmically adjusting the supply, similar to how central banks buy and sell fiscal debt to stabilize purchasing power. When demand is increasing, the blockchain will create more Basis, with the expanded supply designed to bring the Basis price back down. Conversely, when demand is decreasing, the blockchain will buy back Basis, with the contracted supply designed to restore the Basis price. Following intervention by the U.S. SEC, Basis was shut down in December 2018.