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Basis

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Decentralized stable coin platform offering bond and share tokens.

Overview

Basis operates as a stablecoin platform that aims to establish a decentralized monetary system designed to withstand hyperinflation. The platform features bond tokens and share tokens, which are used in on-chain auctions to facilitate trading and support price stability. Targeting investors and traders in the cryptocurrency ecosystem, Basis seeks to address the volatility commonly associated with digital currencies by implementing mechanisms that promote market participation in response to changes in demand. By utilizing decentralized technology, Basis intends to create a stable financial environment that aims to reduce the risks linked to traditional monetary systems.

Key facts

Founded
2017

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About Basis

What does Basis do?

Basis operates as a stablecoin platform that aims to establish a decentralized monetary system designed to withstand hyperinflation.

Where is Basis headquartered?

Basis is headquartered in Hoboken, United States.

When was Basis founded?

Basis was founded in 2017.

Which sector is Basis in?

Basis operates in Decentralized Finance, part of Financial Technology.

Who are Basis's competitors?

Companies similar to Basis include MakerDAO, Ampleforth, and Reflexer Labs.