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Basis Gold is a non-custodial algorithm stable coin powered by Heco Chain!
Basis Gold is a non-custodial algorithm stable coin powered by Heco Chain!
Basis Gold is a non-custodial algorithm stable coin powered by Heco Chain!
Basis Gold Share (Heco) is a non-custodial algorithmic stablecoin built on the Heco Chain. It utilizes smart contracts to automatically adjust its supply to stabilize its value relative to a chosen peg. This is achieved without relying on centralized entities, allowing for a more secure and decentralized way to maintain price stability.
Using Basis Gold Share on the Heco Chain offers several benefits, including enhanced security and decentralization due to its non-custodial design. Additionally, the algorithmic nature of the stablecoin ensures value stability through automated supply adjustments. Leveraging the Heco Chain provides users with low transaction fees and fast processing times, making it an efficient choice for stablecoin usage.
Basis Gold Share stands out from other stablecoins by employing an algorithmic mechanism that adjusts its supply to maintain price stability, unlike fiat-collateralized or crypto-collateralized stablecoins that rely on reserves or over-collateralization. This approach reduces the need for central authority or backing reserves, aligning with the ethos of decentralization.
Basis Gold is categorized as a 'Stables' project because it is designed as a stablecoin, intended to maintain a stable value relative to a specific peg. Its algorithmic structure seeks to reduce volatility by adjusting coin supply automatically, thus fulfilling the fundamental purpose of stablecoins within the cryptocurrency market.
Algorithmic stablecoins like Basis Gold Share play a vital role in the cryptocurrency industry by providing price stability without the need for centralized collateral. They offer a decentralized alternative to traditional stablecoins, potentially increasing financial inclusivity and reducing reliance on centralized entities while maintaining stable valuations necessary for everyday transactions and use cases.
When using Basis Gold Share on the Heco Chain, ensure your wallet is Heco-compatible to avoid transaction issues. Keep track of the latest updates and network status, as congestion or updates may affect functionality. If encountering transaction failures, check for adequate gas fees and confirm correct input details. Regularly updating your wallet software can also mitigate potential compatibility issues.
Basis Gold is a DeFi project aiming to stabilize its native token against gold's value using algorithmic adjustments, featuring a trio of tokens: Basis Gold, Shares, and Bonds for governance and peg maintenance.
The Stablecoin For DeFi. A scalable solution for a decentralized stablecoin. Links: https://t.co/Ss7ov8V8ck Discord: https://t.co/FrEfEvX4Qn
USBD is a capital-efficient stablecoin over-collateralized by Bitcoin derivatives, designed for stability and security.
Basis Coin Finance features algorithmic stablecoins with a stabilization system inspired by seigniorage. It includes Basis Cash (BAC), Basis Bonds (BAB), and Basis Shares (BAS) for stability, incentives, and governance in DeFi.
Stables Labs (USDX) is a stablecoin on Ethereum, maintaining a price near 1 USD.
STABLE ASSET (STA) is a cryptocurrency and operates on the Ethereum platform. STABLE ASSET has a current supply of 24,880,000 with 0 in circulation. The last known price of STABLE ASSET is 0.30008767 USD and is up 0.01 over the last 24 hours. It is currently trading on 7 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://stable.trade/.
Borderless protocol for free people.
basis.markets is a decentralized liquidity pool offering high yields through the Basis Trade Engine, with BASIS token holders benefiting from fee rewards and a high-reward liquidity mining program.
BASIS is enhancing web3 security and interoperability with tools for safer blockchain ecosystems, focusing on decentralized identity solutions and smart contracts.
Quorium (QGOLD) is a cryptocurrency operating on the BNB Smart Chain (BEP20) platform. It has a total supply of 573,226.667, with none currently in circulation. This gold-backed stablecoin is pegged to the price of a troy ounce of gold. The latest known price of Quorium fluctuates between approximately 3,323.89 USD and 3,341.78 USD, with its value changing within a small range over the last 24 hours. Quorium is actively traded on two markets, with daily trading volumes ranging from $92,089.70 to $100,462.53. For more details, please visit their official site at [Quorium Website](https://quorium.io).
One Basis Cash is an algorithmic stablecoin project on Binance Smart Chain (BSC) focusing on providing a decentralized financial stable currency.
L3USD the stable coin designed to support the Fantom, Tomb and LIF3 Ecosystem.
