Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
BasketCoin
BSKT
CMC Rank: 1147
- USD: $0.34
1h: ▼0.33% 24h: ▼3.68% 7d: ▼10.98%
- BTC: 0.0000086 BTC
All Time High: $1.62 2 years ago
Current price is -79 % from ATH
Current price is -79 % from ATH
- Cap: $5 349 399
- Vol 24h: $2 897 (0.05 %)
- Circulating: 15 891 243 BSKT (77.5 %)
- Total: 20 492 837 BSKT
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About BasketCoin
"Deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking.
BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens.
A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward redistribution pool which indeed speeds up the process of reducing supply. Smart Contract itself assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000
The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this:
Bitcoin (BTC) – responsible for 25% of the value of the coverage,
Ethereum (ETH) – responsible for 25% of the coverage value,
Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of the coverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value.
All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as:
Crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format.
Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related"
BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens.
A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward redistribution pool which indeed speeds up the process of reducing supply. Smart Contract itself assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000
The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this:
Bitcoin (BTC) – responsible for 25% of the value of the coverage,
Ethereum (ETH) – responsible for 25% of the coverage value,
Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of the coverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value.
All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as:
Crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format.
Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related"
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