What is BAC: Understanding Blood Alcohol Concentration and Its Impact on Driving Safety

Basis Cash's Positioning and Significance

In 2020, Basis Cash (BAC) was launched, aiming to address the challenge of creating a decentralized stablecoin. As a pioneering algorithmic stablecoin project, Basis Cash plays a crucial role in the DeFi sector.

As of 2025, Basis Cash has become an important experimental project in the algorithmic stablecoin space, with an active developer community. This article will delve into its technical architecture, market performance, and future potential.

Origins and Development History

Birth Background

Basis Cash was created in 2020 with the goal of establishing a decentralized stablecoin that maintains a 1:1 peg with the US dollar. It emerged during the DeFi boom, aiming to provide a stable, decentralized currency option for the cryptocurrency ecosystem.

Basis Cash's introduction brought new possibilities for decentralized finance and stable value storage in the crypto space.

Important Milestones

• 2020: Mainnet launch, implementing an algorithmic mechanism for maintaining price stability.
• 2020: The project gained attention in the DeFi community, with its price reaching an all-time high of $1010.99 on November 30, 2020.

Supported by its community and developers, Basis Cash continues to refine its technology, security, and real-world applications in the algorithmic stablecoin sector.

How Does Basis Cash Work?

Decentralized Control

Basis Cash operates on a decentralized network of computers (nodes) spread across the globe, free from control by banks or governments. These nodes collaborate to validate transactions, ensuring system transparency and attack resistance, granting users greater autonomy and enhancing network resilience.

Blockchain Core

Basis Cash's blockchain is a public, immutable digital ledger that records every transaction. Transactions are grouped into blocks and linked through cryptographic hashes to form a secure chain. Anyone can view the records, establishing trust without intermediaries.

Ensuring Fairness

Basis Cash uses an algorithmic mechanism to maintain its peg to the US dollar. The system adjusts the supply of BAC tokens based on market demand to keep the price stable. Participants can interact with the protocol by holding BAC or related tokens, contributing to the network's stability.

Secure Transactions

Basis Cash utilizes public-private key encryption technology to secure transactions:

• Private keys (similar to secret passwords) are used to sign transactions
• Public keys (similar to account numbers) are used to verify ownership

This mechanism ensures fund security while keeping transactions pseudonymous.

BAC's Market Performance

Circulation Overview

As of November 29, 2025, BAC's circulating supply is 54,575,249.82699095 tokens, which is equal to its total supply of 54,575,249.82699095.

Price Fluctuations

BAC reached its all-time high of $1010.99 on November 30, 2020.

Its lowest price was $0.00130316, recorded on October 27, 2024.

These fluctuations reflect market sentiment, adoption trends, and external factors.

Click to view the current market price of BAC

On-Chain Metrics

• Daily Transaction Volume: $12,019.0968752
• Active Addresses: 3,033

BAC Ecosystem Applications and Partnerships

Core Use Cases

BAC's ecosystem supports various applications:

• DeFi: Basis Cash aims to provide a stable currency pegged 1:1 to the US dollar.
• Yield Farming: Basis Share offers ownership tokens that receive inflation rewards from Basis Cash.

Strategic Partnerships

No specific strategic partnerships are mentioned in the provided information.

Controversies and Challenges

BAC faces the following challenges:

• Market Volatility: The price has experienced significant fluctuations, with an all-time high of $1010.99 and an all-time low of $0.00130316.
• Adoption: Maintaining the 1:1 peg to the US dollar may be challenging in various market conditions.

These issues have likely sparked discussions within the community and market.

BAC Community and Social Media Atmosphere

Fan Enthusiasm

BAC's community shows some activity with:

• 3,033 holders of the token.
• A Twitter account (@BasisCash) for community engagement.

Social Media Sentiment

No specific social media sentiment data is provided in the given information.

Hot Topics

Discussions likely revolve around:

• Maintaining the stable coin peg
• Yield farming opportunities with Basis Share
• The project's performance compared to its initial goals

More Information Sources for BAC

• Official Website: Visit Basis Cash official website for features, use cases, and latest updates.
• Twitter: Follow @BasisCash on Twitter for project updates and community engagement.
• GitHub: Explore the Basis Cash GitHub for technical details and development progress.

BAC Future Roadmap

No specific future roadmap is provided in the given information.

How to Participate in BAC?

1. Purchase Channels: BAC is available on Gate.com.
2. Storage Solutions: Use compatible Ethereum wallets to store BAC securely.
3. Participate in Ecosystem: Engage with the Basis Cash and Basis Share tokens as part of the ecosystem.

Summary

Basis Cash (BAC) aims to redefine digital currency through blockchain technology, offering a stable coin pegged to the US dollar and a yield-generating ownership token. Its active development on GitHub and presence on social media platforms indicate ongoing project activity. Despite facing challenges such as price volatility and adoption hurdles, BAC's innovative approach to stable coins and yield farming presents an interesting case in the decentralized finance space. Whether you're a newcomer or an experienced player in the crypto world, BAC's unique dual-token system and its attempt to create a stable digital currency make it a project worth watching in the evolving landscape of decentralized technologies.

FAQ

What is the meaning of BAC?

BAC stands for Bitcoin Asset Chain, a blockchain platform designed to tokenize real-world assets using Bitcoin's security and network effects.

Is a BAC of 0.05 drunk?

Yes, a BAC of 0.05 is considered legally drunk in many places. It's above the legal limit for driving in most countries and can impair judgment and coordination.

What is 0.08 alcohol level?

0.08 alcohol level is the legal limit for blood alcohol concentration (BAC) in many countries. It means 0.08 grams of alcohol per 100 milliliters of blood.

What is a normal BAC level?

A normal BAC (Blood Alcohol Content) level is 0.00%. Any level above 0.08% is considered legally impaired in most jurisdictions.