Along with tBasis Cash buy, sell and provide liquidity for tBasis Cash and tBasis shares on sSwap V2.
Contents:
Project description
It is the first algorithmic stablecoin on the Tron network. Since TBC is an algorithmic stablecoin, pegged to $ 1, it will rebase daily in an attempt to adjust its market price to $ 1. This is accomplished through the boardroom and bonds. Tokens: TBC (total supply original 5k), TBS (total supply 100k). Each pool has 250 TBC per day. The Stablecoin (USDT) pool has a maximum cap of $ 20K per address.
Some features:
| Firstly | TBC-USDT sSwapV2 LP Pool: 75,000 TBS reward, starting bounty rate: 625 TBS per day. 25% decay every 30 days. |
| Secondly | TBS-USDT sSwapV2 LP Pool: 25,000 TBS will be distributed equally over 365 days. |
When the 24-hour twap TBC price > 1.05 USDT, at 14:00 UTC daily, the system will mint additional TBCs into the boardroom where these TBCs will be distributed as rewards to all TBS holders.
When the oracle price (1 hour twrp price) drops below $ 1, TBB can be bought with discounted TBC, these TBCs are burned to reduce the TBC supply. When the oracle rises above 1.05 USDT, TBB can be redeemed back to TBC at a 1:1 ratio. These TBCs are taken from the boardroom and are minted at the time of relocation. The rest of the minted TBCs go to the TBS holders.
Additional information
There is no WhitePaper and RoadMap document on the site. Instead, brief information is provided. You can get a more detailed description by studying the article on the Medium platform. The community leads from social networks: twitter and telegram. The smart contract has not been audited.