A new decentralized algorithmic stablecoin with a breakthrough improvement from Basis.cash.
We are proud to introduce to you the new decentralized algorithmic protocol, BasisCoin.
BasisCoin is an open-source, permisionless, highly- scalable, decentralized, algorithmic protocol built on Ethereum.
This is a protocol inspired by Basis.cash. We found some design flaws in Basis.cash and made improvements. But retain the underlying structure of Basis.cash, because we believe that a structure that has been tested by time and users is stable and safe.
Let us introduce the three redefined tokens:
All in rebase !