What is One Basis Cash (OBS) | What is One Basis Cash token | What is OBS token
In this article, we’ll discuss information about the One Basis Cash project and OBS token
The One Basis Share platform was established by the Yfione team. It is the first stablecoin algorithm and I.W.O (first fundraising) in the Binance Smart Chain ecosystem. It can realize Satoshi Nakamoto’s vision of cryptocurrency. Combining liquid mining and flexible stablecoins, a relatively complete cryptocurrency market adjustment mechanism is used. The fourth-generation stablecoin OBS token adjustment is not a global adjustment through smart contracts, but through user initiative and economic incentives to adjust user behavior.
Based on BSC Binance Smart Chain’s economic incentive mechanism algorithm stablecoin project.
Decentralized platform based on Binance Ecochain BSC
The transaction speed is faster, the efficiency is higher, the handling fee is lower, and the operation cost is reduced.
Stake to mine
Fair mining based on a block of 3 seconds. Time-saving, labor-saving, safe and convenient, a total of two years of mining time, 75% reduction every month.
Binance Ecological Public Chain Upgrades DeFi’s Algorithmic Stable Coin
Combining the experience of liquidity mining and flexible stablecoins, a set of relatively complete money market adjustment mechanism is formed, and its income model and product form are more abundant.
High security + multi-ecological cooperation
In-depth cooperation with multiple projects in the ETH and BSC ecosystems, the team has many years of experience in the development of blockchain smart contracts and financial system development, fully guaranteeing the security of user assets.
One Basis Asset Situation
OBC, OBS, and OBB are all verified by BSC contract. The specific ratios are as belows.
One Basis Cash (OBC)
A total of 5,000 OBCs are divided into 5 pools, each with 1,000 OBCs. Mining release in 5 days…
One Basis Share (OBS)
The total number of OBS is 98,000, 7 pools are dug in two years, and the mine production capacity is reduced by 25% every month…
One Basis Bond (OBB)
OBC < 0.95 USD; OBB=OBC quadratic. OBC . 1.05 USD, OBB:OBC=1:1 …
How and Where to Buy OBS token?
OBS token is now live on the Binance mainnet. The token address for OBS is 0x095956B142431Eb9Cf88B99F392540B91aCbF4ad. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap OBS token
Contract: 0x095956B142431Eb9Cf88B99F392540B91aCbF4ad
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in OBS token is currently PancakeSwap (V2) and CoinTiger
Find more information OBS
☞ Website ☞ Explorer ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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