About iBasis’s token situation and contract rules (contract address, page description, token description)
Algorithmic stablecoin spiral algorithm upgrade
iBasis Cash is upgraded on Basis 2.0. In addition to the checks and balances of iBAC and iBAB, the team has increased the spiral algorithm upgrade of IBM and iBAS. The following are the facts of each token:
Stable coin pool: (iBAC reward)
. Five stable currency pools: DAI, USDC, USDT, BUSD, yCRV
. A total of 200,000 iBAC is mined in the mining pool, and the team issued an additional 20,000 iBAC based on the minting
. Airdrop rewards 20,000 iBAC
. Mining at the upper and lower levels rebates 6 million iBAC
. A total of 246,000 iBACs
. Put 40,000 iBAC, 40,000 iBAC, 60,000 iBAC, and 60,000 iBAC to the stable coin pool in the first to four weeks
LP liquidity pool: (iBAS reward)
. DAI_iBAC_LP, USDC_iBAC_LP, DAI_iBAS_LP, USDC_iBAS_LP 4 LP liquidity pools
. A total of 800,000 iBAS were mined in the mining pool, and the team issued an additional 200,000 iBAS based on the minting
. 24,000 iBAS commissions for subordinate mining
. 1024,000 iBAS in total
. The four pools sequentially put a total of 300,000 iBAS, 300,000 iBAS, 100,000 iBAS, and 100,000 iBAS to the LP liquidity pool
. The distribution algorithm of the mining pool decreases by 75% every month
Bond: (iBAB exchange)
. When the price of iBAC is lower than US$0.95, iBAB can be purchased at the price of iBAC²
. When the price of iBAC is higher than US$1.05, iBAB can be redeemed for iBAC by 1:1
Equity growth pool: (IBM award)
. iBAS_iBAC_LP, IBM, iBAS_IBM_LP, IBM_USDC_LP, IBM_DAI_LP 5 mining pools
. A total of 18,000 iBAS were mined in the mining pool, and the team issued an additional 2,000 IBM based on minting.
. The initial price is $1,000 per IBM
. A one-month period for the project party to protect the market to ensure a stable daily increase of IBM’s price at 10%
. Initially 2,000 IBMs will provide mining, the tenth day will provide 4,000 IBMs, the twentieth day will provide 8,000 IBMs, and the 30th day will provide 12,000 IBMs.
. The iBAS_iBAC_LP pool provides 6000 IBMs, which is a linear graph mining power for one year
The facts are as follows
3% principal handling fee description:
As the liquidity support of Uniswap, the community of iBasis, and as a guard fund to prevent arbitrageurs from hitting the market
20,000 iBAC issued by coin
Distributed to iBAS address holders from time to time (will be notified on the official website and the community)
200,000 iBAS minted
Distributed to IBM address holders from time to time (will be notified on the official website and the community)
2,000 IBM with additional coin offering
Preliminary liquidity and IBM’s daily price increase of 10% make a deal
Page description
Bank：Stake stablecoins to five stablecoin pools: DAI, USDC, USDT, BUSD, and yCRV, and get iBAC
Share：People need to first do transaction pair combination in iBasis DEX and then pledge to the liquidity mines DAI_iBAC_LP, USDC_iBAC_LP, DAI_iBAS_LP, USDC_iBAS_LP 4 LP liquidity pools to obtain iBAS
Seigniorage：Stake iBAS to get iBAC dividends, when the price of iBAC is higher than $1.05
Bond：Available for iBAB bond purchase
Exchange：1 to 1 exchange between iBAS and BAS is possible
IBM：Stake iBAS_iBAC_LP, IBM, iBAS_IBM_LP, IBM_USDC_LP, IBM_DAI_LP to 5 mining pools to obtain IBM
Contract address：
iBAC:0x4551351dfE0e62447005AB0C4cC1Fd197CC8Ab20
iBAS:0x007c8B92A3e648f258635A67B11DA4e04EaE665c
iBAB:0x07fE7C57613F54859EbD3Ddd5C2eb22612dCB121
contact us:
Github：https://github.com/iBasis-developer
Twitter：https://twitter.com/iBasis_finance
Telegram：https://t.me/iBasis
Discord：https://discord.gg/9fn6DhCzgC
Medium：https://ibasis-finance.medium.com/
