$0.46849 +6.64%
Market Cap $27,117,381
24H Volume $1,214,392
Circulating Supply 57,884,286 BAC
Total Supply 57,884,397 BAC

BAC Price Chart

1H +0.57%
24H +6.64%
7D +1.67%
1M -32.74%
1Y +36.86%
All-Time High $0.06800
% from ATH -98%
ATH Date Jan 25, 2016

What is Basis Cash?

Basis Cash (BAC) is a stablecoin, which the protocol aims to keep value-pegged to 1 US Dollar.

Basis is an algorithmic stablecoin protocol where the money supply is dynamically adjusted to meet changes in money demand.

  • When demand is rising, the blockchain will create more Basis Cash. The expanded supply is designed to bring the Basis price back down.
  • When demand is falling, the blockchain will buy back Basis Cash. The contracted supply is designed to restore Basis price.
  • The Basis protocol is designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power.

BAC Network & Signals

Powered by

Basis Cash Recent Tweets