The Esoteric Nature of the Economics of Token-based Ecosystem.
What is Basis Cash?
The Basis Cash protocol is designed to guarantee Basis Cash ($BAC) to be exchanged at a value of one US dollar, with an in-protocol stability mechanism (stabilizer) in charge of matching the supply of Basis Cash to their demand. It does this through redemption of Basis Bonds ($BAB).
Synthetix is an Ethereum-based protocol that allows users to issue and trade synthetic assets. These synthetic assets are tokens backed by $SNX collateral that mimic the performance of other assets including cryptocurrencies, commodities, etc.
C.R.E.A.M Finance is a permissionless, transparent, and non-custodial decentralized lending platform for both individuals and protocols to gain access to financial services. Currently, C.R.E.A.M. is live on Ethereum, Binance Smart Chain, Fantom and Arbitrum.