Basis Gold is a protocol built upon the workings of Basis Cash, created by the same team. Basis Gold is an algorithmically synthesized gold asset whose supply is controlled and stabilized by the protocol. The protocol comprises four key tokens:
BSG: Targets the price of gold;
BSGS: Basis Gold Shares – receives BSG during supply expansion when the price is above target.
BSGB: Basis Gold Bonds – burns BSG to purchase BSGB at a discount when the price is below target; redeems BSG when the price is above target.
BUILD: A governance token that controls protocol upgrades through voting.