Basis Dollar
Experimental fair-launched stablecoin project that is a variation of the Basis model.
Basis Dollar is an experimental fair-launched stablecoin project that is a variation of the Basis model. Buy, sell, and provide liquidity for Basis Dollar and Basis Dollar Shares on ValueLiquid. Undercollateralized algorithmic stablecoins are the holy grail when it comes to pegging digital assets to the price of a particular good or service. Fundamentally, the stability of these assets is purely driven by the market mechanics coupled with design choices, often in the form of algorithms, that drive the price towards the desired peg.
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