Equity Overview
Price & Market Data
Price: $0.0015
Daily Change: +$0.0₅408 / 0.27%
Range: $0.0015 - $0.00151
Market Cap: $82,056
Volume: 0
Details
The Basis Cash token is one of three integral tokens that form the Basis protocol. Unlike other DeFi protocols, Basis Cash has two farmable tokens. One is Basis Cash, a stable coin that seeks to be valued at $1. The other is Basis Share, an ownership token which receives inflationary rewards from Basis Cash, deriving value from the increased adoption of Basis Cash.The protocol consists of three tokens (Basis Cash, Basis Share, Basis Bond), with Basis Share and Basis Bond designed to move Basis Cash towards the price of $1.