Exchange rate of SOP (SOP) to BAC (BAC)

1 SOP = 0.006406 BAC

Quotation rate chart SOP (SOP):

TOP 10 trades with SOP

Ticker	Rate	Min	Max	Δ (24h)	Refreshed
SOP-USDT	0.000009	0.000009	0.000009	+0.0%	2025-03-19 12:14:44

Other cryptocurrencies

BTC 83 538.31 ^+1.2%

ETH 1 945.17 ^+2.1%

BNB 614.07 ^-2.8%

XRP 2.32 ^+2.2%

Basis Cash (BAC) is a cryptocurrency that is part of the Basis Cash protocol. Basis Cash is designed to be a decentralized stablecoin project that aims to provide a stable value of one US dollar (USD) by algorithmically adjusting its supply. The Basis project was originally called Basis, but it ran into regulatory challenges and had to shut down. Basis Cash is a fork of the original Basis project.

Basis Cash seeks to maintain a stable value by algorithmically adjusting its token supply based on changes in demand. When the price of BAC exceeds $1, new tokens are minted, increasing the supply. When the price falls below $1, tokens are burned, reducing the supply.

Basis Cash employs a three-token system to achieve its stability. BAC is the stablecoin, Bond (BOND) tokens are auctioned to decrease supply when the price is above $1, and Share (SHARE) tokens are issued to holders of BAC when the price is below $1.

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