Details about Basis Share cryptocurrency
€76,964 ( 2.04754%)
€123
1,000,001
409,438
17.671
Unknown
https://basis.cash/
@BasisCash
15417000x
€2897460
Basis Share price charts
BAS exchanges
Basis Share, the crypto
Basis Share (BAS) is a cryptocurrency that is part of the Basis Protocol, a stablecoin project that was created with the goal of creating a more stable and decentralized alternative to traditional fiat currencies.
The point
The main purpose of Basis Share (BAS) is to help govern and grow the Basis Protocol ecosystem. Holders of BAS have the ability to vote on proposals that affect the protocol and can earn a portion of the protocol's seigniorage, which is essentially the profits generated from stablecoin creation.
The problem
Basis Share (BAS) is part of a larger effort to address the problem of volatility in the cryptocurrency market. While traditional cryptocurrencies such as Bitcoin and Ethereum can experience significant price fluctuations, Basis Protocol's stablecoin aims to maintain a stable value over time. Additionally, by using a decentralized governance model, Basis Share (BAS) helps ensure that there is no central authority controlling the protocol, which can increase user trust and adoption.
Compare BAS and BTC performance
| Timeframe | BAS | BTC |
|---|---|---|
| 1h change | -0.0240347 % | 0.147369 % |
| 24h change | 2.03 % | -3.62863 % |
| 7 day change | 14.22 % | 3.9344 % |
| 14 day change | -11.17 % | -8.62535 % |
| 30 day change | -21.1 % | -7.41801 % |
| 200 day change | 103.64 % | 127.413 % |
| Year change | 4.9 % | 141.647 % |