One Cash is the most daring and innovative experimental project for the Basis protocol. It is an algorithm based stablecoin protocol derived from Basis Cash.
ONC is the stable coin. ONS is its share token. ONB is its bond token.
Unlike Basis Cash:
One Cash has no initial mining. ONC and ONS are minted directly.
Inflation starts from the very beginning and rebases every 8 hours (maximum: 10% each time; 1.1^3 for every day) .
BAS-DAI LP tokens will be staked in future inflation cycles with a locking time window to exit.
The latest public audit reports are nowhere to be found. Team profile is anonymous.
