One Basis Cash OBS
1. Summary
- Price
-
$0.11 -0.4%
- Market Cap
- $0.00 (#10716)
- Supply
- 0.00 / 98,000.00
- Description
-
One Basis Cash (OBS) is the first algorithmic IWO (Initial Wallet Offering) stablecoin on the Binance Smart Chain ecosystem. It is designed to ensure price stability by adjusting the supply of tokens according to demand, much like central banks manage economic systems. One OBS is pegged to the value of one U.S. dollar. This is achieved through a co...
One Basis Cash (OBS) is the first algorithmic IWO (Initial Wallet Offering) stablecoin on the Binance Smart Chain ecosystem. It is designed to ensure price stability by adjusting the supply of tokens according to demand, much like central banks manage economic systems. One OBS is pegged to the value of one U.S. dollar. This is achieved through a complex system involving Basis Bonds and Basis Shares, which aim to maintain the stablecoin's value even in periods of market volatility. As an algorithmic stablecoin, it operates differently than collateral-backed stablecoins, relying on financial incentives and user behavior rather than central assets to maintain its value.
| Price | |
| 52W High price | $0.20 |
| 52W High date | 14th Mar 2024 (11 months ago) |
| All Time High (ATH) Date | 13th Jul 2021 (3 years ago) |
| ATH Price | $26.14 |
| % From ATH | -99.5% |
| All Time Low (ATL) Date | 29th Nov 2023 (1 year ago) |
| ATL Price | $0.04 |
| % From ATL | 227.05% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $22.00 |
| Total Supply | 98,000.00 |
OBS
How does One Basis Cash's (OBS) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
1.3%
OBS
51,626.9%
Similar Market Cap
60 Day Return
5.0%
OBS
4,051.5%
Similar Market Cap
1 Year Return
25.7%
OBS
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 3,530 |
| Twitter followers | 18,116 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.onebasis.org/#/ |
|---|---|
| Explorer | https://bscscan.com/token/0x095956B142431Eb9Cf88B9... |
| @yfione |
What is the correct contract address for One Basis Cash?
| Binance-smart-chain | 0x095956b142431eb9cf88b99f392540b91acbf4ad |
|---|
Has One Basis Cash been audited for security?
No security audits found for this project.
Are you the owner of One Basis Cash? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.