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BAC Price
$0.03714
-4.93%
24H Price Chart
Market Cap
$2.03M
24H Volume
$113.15K
Table of Contents
Bybit
Market Cap $2,027,604
24H Volume $113,154
Circulating Supply 54,589,186 BAC
Total Supply 54,589,290 BAC
Quadency
1H -3.17%
24H -4.93%
7D -10.19%
1M +3.74%
All-Time High $43.9400
% from ATH -65%
ATH Date Sep 28, 2021

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.

Simetri BAC Report

BAC Network & Signals

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