Community answers about iBasis

iBasis
3 min readDec 27, 2020

1、Difference highlights with basis cash?

iBasis did a split of 1.0 and version 2.0. At 2.0, in order to maintain the economy, there will be a certain lock-up time, but it is also part of the share and part of the time according to the capital situation.

2、Is the contract safe?

First of all, the contract is safe. Secondly, because of the user’s habits, the operation of version 1.0 on the interface is as consistent as possible with basis. Again, the code must have been audited. The last is the upgrade of version 2.0. When we are in 2.0, in order to maintain the ecology, there will be a certain lock-in time, but according to the capital situation, it is also part of the share and part of the time.

3、What are the improvements of iBasis over Basis?

iBasis did a split of 1.0 and version 2.0. At 2.0, in order to maintain the ecology, there will be a certain lock-up time, but it is also part of the share and part of the time according to the capital situation.

4、When pool2 start?after stablecoin pool close?

The stablecoin pool will not be closed.

On January 20, 2021, the second round of mining of the 2.0 first ore will be started, supporting BNB, HT, iBAS, OK, etc., to improve the entire iBAS mining mechanism of the first ore.

The circulation of water in all mining pools will always exist. At the same time, our project team will always increase liquidity to protect the maximum rights and interests of users.

Of course, users who come in later will be more and more difficult to mine

5、Based on what chain?

Version 1.0 will be Ethereum

In version 2.0, I will vote through the community to select a method that supports multiple chains for mining. At the same time, the mining pool will also be open

6、What is the contract address?

Please check our Github code, all code addresses are open source, decentralized products

https://github.com/iBasis-developer

7、What is the next development of your iBasis?

iBasis will launch version 1.0 at the end of 2020. Based on Ethereum operations, iBAS, iBAC, and iBAB mining operations can be performed. Users can excavate top mines and obtain higher returns.

Open before January 10, 2021, iBAS exchange interface for BAS.

On January 20, 2021, the second round of mining of the 2.0 first ore will be started, supporting BNB, HT, iBAS, OK, etc., to improve the entire iBAS mining mechanism of the first ore.

On January 30, 2020, the recovery and destruction mechanism of iBAS was opened to meet the value and amount of iBAS and BAS.

Multi-chain operations will be launched in February 2020 to meet multi-chain operations and support not only Ethereum’s high gas operations.

The 3.0 version of iBAS will be launched on February 15, 2020, and multiple types of supporting products will be launched, based on algorithmic stablecoins. At the same time, algorithm ETH, algorithm BTC and other peer products are gradually peered

8、What is the mining agreement?

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