What is BasisX?

BasisX is an algorithmic stablecoin project built on the Huobi ecological chain.When the price of BXC is higher than US$1.05, the contract minted BXC and allocated to BXS pledge users; when the price of BXC is lower than US$0.95, users can purchase BXB at a discounted price…

In order to make the operation more convenient for most users, the team decided to replace HUSD-BXC with USDT-BXC. Users can save HUSD exchange fees.

BasisX

Fairly distributed & censorship resistant stablecoin with an algorithmic central bank https://basisx.io

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