| Full Currency Name | /BSKT |
| Currency Code | BSKT |
| Coin Intro | "Deflationary tokens, secured by a basket of cryptocurrencies, have the potential to reshape the landscape. BasketCoin is: deflationary with collateral (covering its value) and features a buyback and burn system with the BSKT token. A 2% fee on each transactions value is taken from transfers - half is burned, and the other half goes into the staking/reward redistribution pool, which accelerates the supply reduction process. The Smart Contract itself assumes that 90% of all BSKTs will be burned -> supply would decrease from 21,000,000 to 2,100,000. The BSKT token is secured by a basket of seven cryptocurrencies covering its value, ensuring security designed for the token’s value to steadily grow. The BSKT tokens security breakdown is as follows: Bitcoin (BTC) – 25% of the coins total value, Ethereum (ETH) – 25% of the coverage value, Polkadot (DOT) – 10% of the coverage value, Smarkey (SKEY) – 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the collateral value, USD Coin (USDC) – responsible for 10% of the collateral value, Basketcoin (BSKT) – responsible for 10% of the collateral value. All listed cryptocurrencies comprising the BSKT basket will be used to generate additional profits on platforms such as Crypto.com (3%-12% annual profit), YF-DAI (up to 72% annual profit), Swissborg (up to 20% annual profit), and other decentralized yield-generating DeFi platforms. Revenue from these platforms will be used in the buyback process to redeem and burn BSKT tokens, significantly reducing the supply on secondary markets. 90% of the aforementioned profits will go towards buybacks and burns, while the remaining 10% will cover ongoing and necessary expenses.
The current price of BSKT today is not available, with a 24-hour trading volume also not available. There has been no change in BSKT in the past 24 hours. Its market cap is not available. It has a circulating supply of 6,548,230 BSKT and a max supply of 15,039,400 BSKT." |
| Issue Date | |
| All-Time High | $ |
| All-Time Low | $ |
| Total Supply | 15039423.0935 |
| Circulating Supply | 6548234.7346 |
| Circulating Supply Percentage | 0.4354046490938958 |
| Market Cap | NaN |
| Fully Diluted Market Cap | $NaN |
| Mkt Cap (Float) | $ |
| Circulating Market Cap % of Global Total | |
| Listed on Exchanges | 0 |
| Official Link | https://basketcoin.io/ |
| Whitepaper | https://basketcoin.io/BasketCoin-WhitePaper_EN_v_2_7.pdf |
| Blockchain Explorer |
"https://ethplorer.io/address/0xc03841b5135600312707d39eb2af0d2ad5d51a91",
"https://etherscan.io/token/0xc03841b5135600312707d39eb2af0d2ad5d51a91"
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| Telegram |
"https://t.me/bskt_global"
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| Github | https://github.com/basketcoinbskt/basketcoinbskt |
| Twitter | https://twitter.com/basketcoin_bskt |
| FaceBook | |
| Reddit | |
