summary: Basis Share (BAS) is a censorship-resistant & fairly distributed implementation of the Basis Protocol.
content: Basis Share (BAS) is a censorship-resistant & fairly distributed implementation of the Basis Protocol. It inspired individuals, by painting a picture of a world that runs entirely on decentralized digital dollars the policies for which cannot be corrupted or politicized. Overview Basis Share is not a DeFi (Decentralized Finance) project. The project is simply leveraging the industry’s excitement in the category to bring much-deserved attention and engagement to the Basis Protocol, and to use this opportunity to distribute ownership in the protocol fairly. Features Basis Cash Basis Share Basis Bond Basis Cash Basis Cash is an ERC-20. Basis Cash doesn’t natively implement an AMM. It has implemented a fixed formula to price bonds instead of an auction, such that a bond can be purchased when cash is de-pegged at 1. Basis Share Purchase Users can purchase Basis Share (BAS) using their investment from Coinbase. Users can buy Basis Share (BAS) at a good number of cryptocurrency exchanges including MXC. Basis Protocol was brought back from the grave. Basis Cash is a censorship-resistant & fairly distributed implementation of the Basis Protocol, which after a 133M Initial Coin Offering (ICO) was shut down by the SEC due to concerns its Basis bonds and share tokens may be securities.