Basis Gold
Algorithmic synthetic gold asset, based on the work of Basis Cash.
Basis Gold is a protocol based on the work of Basis Cash which is itself based on the groundwork laid out by the original Basis team. Basis Gold is an algorithmic synthetic gold asset with the supply controlled and stabilized by the protocol. The protocol has 4 key tokens: BSG: Targeting the price of gold. BSGS: Basis Gold Shares — receive BSG during supply expansions when the price is above the target. BSGB: Basis Gold Bonds — burn BSG to buy BSGB at a discount when the price is below target and redeem it back to BSG when the price is above the target. BUILD: Governance token, controlling protocol upgrades by voting.
